ORG Partners LLC Sells 1,416 Shares of Exelon Co. (NASDAQ:EXC)

ORG Partners LLC reduced its stake in shares of Exelon Co. (NASDAQ:EXC) by 60.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 930 shares of the company’s stock after selling 1,416 shares during the quarter. ORG Partners LLC’s holdings in Exelon were worth $33,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in EXC. SVB Wealth LLC boosted its stake in shares of Exelon by 2.9% in the first quarter. SVB Wealth LLC now owns 7,714 shares of the company’s stock worth $367,000 after buying an additional 219 shares during the last quarter. NewEdge Advisors LLC boosted its position in Exelon by 1.4% in the 1st quarter. NewEdge Advisors LLC now owns 18,411 shares of the company’s stock worth $775,000 after purchasing an additional 248 shares in the last quarter. Baltimore Washington Financial Advisors Inc. boosted its position in Exelon by 3.9% in the 1st quarter. Baltimore Washington Financial Advisors Inc. now owns 7,110 shares of the company’s stock worth $310,000 after purchasing an additional 266 shares in the last quarter. Addison Advisors LLC increased its holdings in shares of Exelon by 50.3% during the 3rd quarter. Addison Advisors LLC now owns 825 shares of the company’s stock valued at $31,000 after purchasing an additional 276 shares in the last quarter. Finally, MCF Advisors LLC increased its holdings in shares of Exelon by 10.5% during the 3rd quarter. MCF Advisors LLC now owns 2,936 shares of the company’s stock valued at $111,000 after purchasing an additional 278 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

Shares of NASDAQ:EXC opened at $35.75 on Wednesday. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.81 and a quick ratio of 0.73. Exelon Co. has a 1 year low of $33.35 and a 1 year high of $43.71. The firm has a market capitalization of $35.73 billion, a PE ratio of 15.34, a P/E/G ratio of 2.65 and a beta of 0.54. The business’s 50 day moving average price is $36.25 and its 200-day moving average price is $37.11.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Wednesday, February 21st. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. Exelon had a return on equity of 9.40% and a net margin of 10.72%. The company had revenue of $5.37 billion for the quarter, compared to analyst estimates of $3.87 billion. During the same quarter last year, the firm posted $0.43 EPS. The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. As a group, equities research analysts expect that Exelon Co. will post 2.41 earnings per share for the current fiscal year.

Exelon Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Monday, March 4th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 4.25%. The ex-dividend date was Friday, March 1st. This is a boost from Exelon’s previous quarterly dividend of $0.36. Exelon’s dividend payout ratio is currently 65.24%.

Analyst Ratings Changes

Several analysts recently commented on the stock. Mizuho upgraded shares of Exelon from a “neutral” rating to a “buy” rating and raised their price target for the company from $36.00 to $39.00 in a research report on Wednesday, January 10th. TheStreet cut Exelon from a “b-” rating to a “c+” rating in a research report on Wednesday, February 7th. Wells Fargo & Company reduced their price target on Exelon from $41.00 to $39.00 and set an “equal weight” rating for the company in a report on Thursday, February 22nd. UBS Group lowered Exelon from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $47.00 to $37.00 in a report on Tuesday, January 2nd. Finally, Bank of America cut their price objective on Exelon from $38.00 to $36.00 and set a “neutral” rating for the company in a research report on Friday, January 19th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Exelon currently has a consensus rating of “Hold” and an average price target of $39.09.

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.