Clarius Group LLC Decreases Stake in Exelon Co. (NASDAQ:EXC)

Clarius Group LLC reduced its stake in shares of Exelon Co. (NASDAQ:EXC) by 14.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,602 shares of the company’s stock after selling 974 shares during the period. Clarius Group LLC’s holdings in Exelon were worth $201,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Antonetti Capital Management LLC boosted its position in shares of Exelon by 98.8% in the 3rd quarter. Antonetti Capital Management LLC now owns 805 shares of the company’s stock worth $30,000 after buying an additional 400 shares in the last quarter. Addison Advisors LLC boosted its position in shares of Exelon by 50.3% in the 3rd quarter. Addison Advisors LLC now owns 825 shares of the company’s stock worth $31,000 after buying an additional 276 shares in the last quarter. Fortis Group Advisors LLC purchased a new stake in shares of Exelon in the 3rd quarter worth about $31,000. Bruce G. Allen Investments LLC purchased a new stake in shares of Exelon in the 4th quarter worth about $34,000. Finally, GHP Investment Advisors Inc. boosted its position in shares of Exelon by 263.8% in the 4th quarter. GHP Investment Advisors Inc. now owns 844 shares of the company’s stock worth $36,000 after buying an additional 612 shares in the last quarter. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

EXC has been the topic of several recent research reports. Seaport Res Ptn lowered shares of Exelon from a “buy” rating to a “neutral” rating in a research report on Monday, January 8th. JPMorgan Chase & Co. lowered shares of Exelon from an “overweight” rating to a “neutral” rating and set a $41.00 target price on the stock. in a report on Monday, December 18th. StockNews.com upgraded shares of Exelon from a “sell” rating to a “hold” rating in a report on Monday, March 25th. Morgan Stanley lowered shares of Exelon from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $45.00 to $38.00 in a report on Monday, December 18th. Finally, Mizuho upgraded shares of Exelon from a “neutral” rating to a “buy” rating and upped their target price for the company from $36.00 to $39.00 in a report on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Exelon currently has an average rating of “Hold” and an average price target of $39.09.

Exelon Stock Performance

Exelon stock opened at $36.27 on Tuesday. The stock has a market cap of $36.25 billion, a P/E ratio of 15.57, a price-to-earnings-growth ratio of 2.66 and a beta of 0.54. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 1.56. The stock has a 50 day moving average of $36.21 and a 200-day moving average of $37.12. Exelon Co. has a 52 week low of $33.35 and a 52 week high of $43.71.

Exelon (NASDAQ:EXC) last released its earnings results on Wednesday, February 21st. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.58 by $0.02. The company had revenue of $5.37 billion during the quarter, compared to analysts’ expectations of $3.87 billion. Exelon had a return on equity of 9.40% and a net margin of 10.72%. The business’s revenue was up 15.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.43 EPS. On average, analysts expect that Exelon Co. will post 2.41 EPS for the current fiscal year.

Exelon Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Monday, March 4th were paid a dividend of $0.38 per share. This is a boost from Exelon’s previous quarterly dividend of $0.36. This represents a $1.52 annualized dividend and a dividend yield of 4.19%. The ex-dividend date was Friday, March 1st. Exelon’s dividend payout ratio is 65.24%.

About Exelon

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.