Wasatch Advisors Inc. lessened its holdings in Exelon Co. (NYSE:EXC) by 15.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 263,432 shares of the energy giant’s stock after selling 46,585 shares during the quarter. Wasatch Advisors Inc.’s holdings in Exelon were worth $11,222,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of EXC. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of Exelon by 269.4% in the 1st quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 12,440,512 shares of the energy giant’s stock valued at $485,304,000 after purchasing an additional 9,072,773 shares during the last quarter. State Treasurer State of Michigan boosted its stake in shares of Exelon by 766.8% in the 1st quarter. State Treasurer State of Michigan now owns 2,439,097 shares of the energy giant’s stock valued at $95,149,000 after purchasing an additional 2,157,700 shares during the last quarter. Prudential Financial Inc. boosted its stake in shares of Exelon by 40.6% in the 1st quarter. Prudential Financial Inc. now owns 5,733,452 shares of the energy giant’s stock valued at $223,662,000 after purchasing an additional 1,654,254 shares during the last quarter. Lord Abbett & CO. LLC boosted its stake in shares of Exelon by 175.9% in the 1st quarter. Lord Abbett & CO. LLC now owns 1,779,900 shares of the energy giant’s stock valued at $69,434,000 after purchasing an additional 1,134,800 shares during the last quarter. Finally, LSV Asset Management boosted its stake in shares of Exelon by 7.2% in the 1st quarter. LSV Asset Management now owns 12,055,862 shares of the energy giant’s stock valued at $470,299,000 after purchasing an additional 813,800 shares during the last quarter. 77.78% of the stock is currently owned by institutional investors.

Shares of EXC stock opened at $42.77 on Wednesday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.03 and a current ratio of 1.19. The company has a market cap of $41.04 billion, a price-to-earnings ratio of 16.45, a P/E/G ratio of 2.43 and a beta of 0.20. Exelon Co. has a 52 week low of $35.57 and a 52 week high of $43.20.

Exelon (NYSE:EXC) last announced its earnings results on Thursday, August 2nd. The energy giant reported $0.71 EPS for the quarter, topping the consensus estimate of $0.61 by $0.10. The firm had revenue of $8.08 billion for the quarter, compared to the consensus estimate of $7.39 billion. Exelon had a net margin of 11.25% and a return on equity of 9.48%. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period last year, the company posted $0.54 EPS. analysts forecast that Exelon Co. will post 3.09 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, September 10th. Shareholders of record on Wednesday, August 15th will be issued a dividend of $0.345 per share. The ex-dividend date of this dividend is Tuesday, August 14th. This represents a $1.38 annualized dividend and a yield of 3.23%. Exelon’s dividend payout ratio (DPR) is currently 53.08%.

EXC has been the topic of several recent analyst reports. Zacks Investment Research lowered shares of Exelon from a “buy” rating to a “hold” rating in a research note on Wednesday, June 13th. ValuEngine raised shares of Exelon from a “hold” rating to a “buy” rating in a research note on Friday, June 1st. Morgan Stanley reduced their price objective on shares of Exelon from $42.00 to $41.00 and set an “equal weight” rating on the stock in a research note on Wednesday, June 13th. Guggenheim reissued a “buy” rating and set a $51.00 price objective on shares of Exelon in a research note on Monday, July 23rd. Finally, KeyCorp lifted their price objective on shares of Exelon from $40.00 to $43.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 30th. Six research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $44.50.

Exelon Company Profile

The Ledger Gazette

window._wpemojiSettings = {“baseUrl”:”https:\/\/s.w.org\/images\/core\/emoji\/2.4\/72×72\/”,”ext”:”.png”,”svgUrl”:”https:\/\/s.w.org\/images\/core\/emoji\/2.4\/svg\/”,”svgExt”:”.svg”,”source”:{“concatemoji”:”https:\/\/ledgergazette.com\/wp-includes\/js\/wp-emoji-release.min.js?ver=4.9.7″}};
!function(a,b,c){function d(a,b){var c=String.fromCharCode;l.clearRect(0,0,k.width,k.height),l.fillText(c.apply(this,a),0,0);var d=k.toDataURL();l.clearRect(0,0,k.width,k.height),l.fillText(c.apply(this,b),0,0);var e=k.toDataURL();return d===e}function e(a){var b;if(!l||!l.fillText)return!1;switch(l.textBaseline=”top”,l.font=”600 32px Arial”,a){case”flag”:return!(b=d([55356,56826,55356,56819],[55356,56826,8203,55356,56819]))&&(b=d([55356,57332,56128,56423,56128,56418,56128,56421,56128,56430,56128,56423,56128,56447],[55356,57332,8203,56128,56423,8203,56128,56418,8203,56128,56421,8203,56128,56430,8203,56128,56423,8203,56128,56447]),!b);case”emoji”:return b=d([55357,56692,8205,9792,65039],[55357,56692,8203,9792,65039]),!b}return!1}function f(a){var c=b.createElement(“script”);c.src=a,c.defer=c.type=”text/javascript”,b.getElementsByTagName(“head”)[0].appendChild(c)}var g,h,i,j,k=b.createElement(“canvas”),l=k.getContext&&k.getContext(“2d”);for(j=Array(“flag”,”emoji”),c.supports={everything:!0,everythingExceptFlag:!0},i=0;i .copyrights {background-color:#FFFFFF;}

nav a#pull,.flex-direction-nav li a,#top-navigation li:hover a, #header nav#top-navigation ul ul li,#navigation .menu,#move-to-top,.mts-subscribe input[type=’submit’],input[type=’submit’],#commentform input#submit,.contactform #submit,.pagination a,.fs-pagination a,.header-search .ajax-search-results-container,#load-posts a,#fs2_load_more_button,.dark-style .post-data,#wp-calendar td a,#wp-calendar caption,#wp-calendar #prev a:before,#wp-calendar #next a:before, .tagcloud a, #tags-tab-content a {background: #081a36;}
.slider1 .vertical-small .post-data:after,.featured-section-1-1 .vertical-small .post-data:after,.featured-section-2-1 .vertical-small .post-data:after,.dark-style.vertical-small .post-data:after {border-color: #081a36 transparent;}
#footer-post-carousel .post-data:after{border-color: transparent #081a36;}
.header-search #s,nav a.toggle-mobile-menu,#mobile-menu-wrapper,.tab_widget ul.wps_tabs li,#top-navigation .menu ul .current-menu-item > a {background: #081a36 !important;}
.pace .pace-progress,.mts-subscribe input[type=’submit’]:hover,#mobile-menu-wrapper ul li a:hover,.breadcrumb .root a,input[type=’submit’]:hover,#commentform input#submit:hover,.contactform #submit:hover,.flex-direction-nav li a:hover,#move-to-top:hover,.ajax-search-meta .results-link:hover,#navigation li:hover a,#header nav#navigation ul ul li,.header-search .fa-search.active,.widget_nav_menu .menu-item a:hover,.tagcloud a:hover, #tags-tab-content a:hover,.readMore a:hover,.thecategory a,.post-box .review-total-only,.pagination a:hover,#load-posts a:hover, #fs2_load_more_button:hover,.fs-filter-navigation a:hover,.fs-filter-navigation a.current,.slidertitle a,.active > a > .menu-caret,#wp-calendar td a:hover,#wp-calendar #today,#wp-calendar #prev:hover a:before,#wp-calendar #next:hover a:before, #searchsubmit {background: #1ba54a;}
.home .menu .home-menu-item a,.menu .current-menu-item > a,.widget_wpt .tab_title.selected a,.widget_wp_review_tab .tab_title.selected a {background: #1ba54a !important;}
#wp-calendar thead th.today {border-bottom-color: #1ba54a;}

a:hover,.title a:hover,.post-data .post-title:hover,.post-title a:hover,.post-info a:hover,.entry-content a,.textwidget a,.reply a,.comm,.fn a,.comment-reply-link, .entry-content .singleleft a:hover {color:#1ba54a;}
.post-box .review-total-only .review-result-wrapper .review-result i {color:#1ba54a !important;}

.shareit { top: 415px; left: auto; z-index: 0; margin: 0 0 0 -120px; width: 90px; position: fixed; overflow: hidden; padding: 5px; border:none; border-right: 0;}
.share-item {margin: 2px;}

.bypostauthor:after { content: “Author”; position: absolute; right: 0px; top: 0px; padding: 0px 10px; background: #444; color: #FFF; }

.post-single-content-inner { width: 100%; }
.header-inner {
width: 100%;
height: 100%;
display: table;
padding: 1% 0;
}
#header {
float: left;
margin: 0;
padding: 0 0 10px;
position: relative;
width: 100%;
z-index: initial;
}
#header p { margin-bottom: 0; }
#page {
clear: both;
display: inline-block;
float: none;
min-height: 100px;
padding-top: 5px;
width: 100%;
}

/*

.menu li, .menu li a { font-family: ‘Roboto’; font-weight: normal; font-size: 15px; color: #FFFFFF; }
body { font-family: ‘Roboto’; font-weight: normal; font-size: 15px; color: #444444; }
#sidebars .widget { font-family: ‘Roboto’; font-weight: normal; font-size: 15px; color: #444444; }
.footer-widgets { font-family: ‘Roboto’; font-weight: normal; font-size: 15px; color: #444444; }
h1 { font-family: ‘Roboto’; font-weight: 700; font-size: 30px; color: #444444; }
h2 { font-family: ‘Roboto’; font-weight: 700; font-size: 25px; color: #444444; }
h3 { font-family: ‘Roboto’; font-weight: 700; font-size: 20px; color: #444444; }
h4 { font-family: ‘Roboto’; font-weight: 700; font-size: 18px; color: #444444; }
h5 { font-family: ‘Roboto’; font-weight: 700; font-size: 15px; color: #444444; }
h6 { font-family: ‘Roboto’; font-weight: 700; font-size: 13px; color: #444444; }
.post-data .post-title { font-family: ‘Roboto’; font-weight: 700; font-size: 15px; color: #444444; }
.hentry .entry-title { font-family: ‘Roboto’; font-weight: 700; font-size: 25px; color: #444444; }
.post-day { font-family: ‘Roboto’; font-weight: 300; font-size: 80px; color: #FFFFFF; }

document.documentElement.className = document.documentElement.className.replace(/\bno-js\b/,’js’);

Menu
Business
Health
Science
Technology
About/Contact
Privacy Policy
Staff

Latest Articles

Scientists Suggest Carbon Leak May Have Been Warming Planet Since the Last Epoch (the Holocene)

Science
July 31, 2018
0
Nvd3u2XDwX

It is pretty common knowledge, these days, that Earth’s oceans are the most important depository for atmospheric carbon dioxide in terms of a time scale from decades to millennia.  However, this process of locking away …

Continue

Did Homo Sapiens Develop An Ecological Niche that Outlasted Other

Science
July 31, 2018
0
Nvd3u2XDwX

Mounting archaeological and palaeoenvironmental datasets of the Middle and Late Pleistocene have recently critical reviews and now determine that the dispersal of hominins both within and beyond Africa actually demonstrate unique environmental settings and adaptations …

Continue

What is A Scutoid and How Does it Affect You?

Science
July 31, 2018
0
Nvd3u2XDwX

Scientists are always making remarkable discoveries, but it is not that often these discoveries are already a part of our everyday lives; literally.

See Also: Price to Earnings Ratio (PE), For Valuing Stocks

Want to see what other hedge funds are holding EXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exelon Co. (NYSE:EXC).

Institutional Ownership by Quarter for Exelon (NYSE:EXC)

Receive News & Ratings for Exelon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exelon and related companies with MarketBeat.com's FREE daily email newsletter.