Atlas Capital Advisors Inc. Reduces Stock Holdings in Exelon Co. (NASDAQ:EXC)

Atlas Capital Advisors Inc. lessened its stake in shares of Exelon Co. (NASDAQ:EXC) by 22.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,549 shares of the company’s stock after selling 1,012 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in Exelon were worth $134,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Millstone Evans Group LLC purchased a new stake in shares of Exelon in the fourth quarter valued at $28,000. Stephens Consulting LLC increased its stake in Exelon by 78.1% in the fourth quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock worth $29,000 after purchasing an additional 343 shares during the period. Brown Lisle Cummings Inc. purchased a new position in Exelon in the 4th quarter worth about $30,000. Crews Bank & Trust bought a new stake in Exelon during the 4th quarter valued at about $34,000. Finally, Capital Advisors Ltd. LLC boosted its position in Exelon by 119.6% in the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company’s stock valued at $35,000 after buying an additional 513 shares during the period. 80.92% of the stock is currently owned by institutional investors.

Insider Activity

In related news, EVP Colette D. Honorable sold 1,463 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $40.57, for a total transaction of $59,353.91. Following the transaction, the executive vice president now directly owns 2,271 shares of the company’s stock, valued at $92,134.47. This represents a 39.18 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.10% of the company’s stock.

Exelon Price Performance

Shares of EXC stock opened at $45.35 on Friday. The company has a market cap of $45.78 billion, a P/E ratio of 18.51, a PEG ratio of 2.86 and a beta of 0.39. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. The stock’s 50-day moving average is $43.17 and its 200 day moving average is $40.35. Exelon Co. has a 1-year low of $34.01 and a 1-year high of $48.11.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.05. Exelon had a net margin of 10.68% and a return on equity of 9.52%. During the same period in the previous year, the company posted $0.60 EPS. Research analysts predict that Exelon Co. will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were given a dividend of $0.40 per share. The ex-dividend date was Monday, February 24th. This is an increase from Exelon’s previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.53%. Exelon’s dividend payout ratio is presently 65.31%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Morgan Stanley lifted their price target on shares of Exelon from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Thursday, March 20th. Barclays lifted their target price on Exelon from $42.00 to $48.00 and gave the company an “overweight” rating in a research report on Tuesday, February 25th. Evercore ISI raised Exelon from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $43.00 to $44.00 in a research report on Tuesday, January 21st. BMO Capital Markets restated an “outperform” rating on shares of Exelon in a report on Tuesday, February 4th. Finally, Scotiabank increased their target price on shares of Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a report on Thursday, February 13th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $45.13.

Exelon Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.