Raymond James Financial Services Advisors Inc. lowered its stake in Exelon Corporation (NYSE:EXC) by 2.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 143,170 shares of the energy giant’s stock after selling 3,296 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Exelon Corporation were worth $5,393,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Vanguard Group Inc. grew its position in shares of Exelon Corporation by 6.9% during the 2nd quarter. Vanguard Group Inc. now owns 69,038,056 shares of the energy giant’s stock worth $2,490,203,000 after purchasing an additional 4,453,759 shares in the last quarter. FMR LLC boosted its position in shares of Exelon Corporation by 11.5% during the 2nd quarter. FMR LLC now owns 53,846,913 shares of the energy giant’s stock worth $1,942,258,000 after acquiring an additional 5,572,093 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Exelon Corporation by 60.2% during the 2nd quarter. Franklin Resources Inc. now owns 10,920,256 shares of the energy giant’s stock worth $393,894,000 after acquiring an additional 4,102,441 shares in the last quarter. LSV Asset Management boosted its position in shares of Exelon Corporation by 2.6% during the 2nd quarter. LSV Asset Management now owns 10,891,305 shares of the energy giant’s stock worth $392,849,000 after acquiring an additional 272,700 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of Exelon Corporation by 16.1% during the 2nd quarter. Wells Fargo & Company MN now owns 9,121,754 shares of the energy giant’s stock worth $329,022,000 after acquiring an additional 1,266,986 shares in the last quarter. Hedge funds and other institutional investors own 78.04% of the company’s stock.

Exelon Corporation (NYSE:EXC) opened at $41.39 on Wednesday. The firm has a market cap of $39,699.63, a PE ratio of 16.67, a P/E/G ratio of 3.60 and a beta of 0.31. The company has a current ratio of 1.03, a quick ratio of 0.89 and a debt-to-equity ratio of 1.06. Exelon Corporation has a 12-month low of $31.77 and a 12-month high of $42.67.

Exelon Corporation (NYSE:EXC) last announced its quarterly earnings data on Thursday, November 2nd. The energy giant reported $0.85 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.01). The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $8.58 billion. Exelon Corporation had a return on equity of 8.19% and a net margin of 6.59%. The business’s revenue was down 2.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.91 EPS. research analysts predict that Exelon Corporation will post 2.65 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Wednesday, November 15th will be given a $0.3275 dividend. This represents a $1.31 annualized dividend and a dividend yield of 3.17%. The ex-dividend date is Tuesday, November 14th. Exelon Corporation’s dividend payout ratio (DPR) is currently 58.74%.

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EXC has been the subject of several research reports. Bank of America Corporation initiated coverage on shares of Exelon Corporation in a research note on Tuesday, October 24th. They issued a “buy” rating and a $43.00 price objective for the company. SunTrust Banks, Inc. reissued a “buy” rating and issued a $41.00 price objective on shares of Exelon Corporation in a research note on Thursday, October 12th. Goldman Sachs Group, Inc. (The) downgraded shares of Exelon Corporation from a “neutral” rating to a “sell” rating and set a $35.00 price objective for the company. in a research note on Wednesday, October 11th. J P Morgan Chase & Co increased their price objective on shares of Exelon Corporation from $40.00 to $42.00 and gave the company an “overweight” rating in a research note on Thursday, October 12th. Finally, BidaskClub raised shares of Exelon Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. Exelon Corporation has an average rating of “Buy” and a consensus target price of $40.64.

In other news, EVP Paymon Aliabadi sold 13,333 shares of the business’s stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $38.31, for a total value of $510,787.23. Following the sale, the executive vice president now owns 39,769 shares of the company’s stock, valued at $1,523,550.39. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Kenneth W. Cornew sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $37.44, for a total transaction of $936,000.00. Following the completion of the sale, the executive vice president now directly owns 28,363 shares in the company, valued at approximately $1,061,910.72. The disclosure for this sale can be found here. In the last three months, insiders sold 1,312,787 shares of company stock worth $52,683,909. Insiders own 0.70% of the company’s stock.

Exelon Corporation Profile

Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.

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Institutional Ownership by Quarter for Exelon Corporation (NYSE:EXC)

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