Signaturefd LLC Has $493,000 Holdings in Exelon Co. (NASDAQ:EXC)

Signaturefd LLC cut its stake in shares of Exelon Co. (NASDAQ:EXC) by 8.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,732 shares of the company’s stock after selling 1,315 shares during the period. Signaturefd LLC’s holdings in Exelon were worth $493,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in EXC. Antonetti Capital Management LLC lifted its holdings in Exelon by 98.8% during the third quarter. Antonetti Capital Management LLC now owns 805 shares of the company’s stock worth $30,000 after acquiring an additional 400 shares in the last quarter. Addison Advisors LLC lifted its holdings in Exelon by 50.3% during the third quarter. Addison Advisors LLC now owns 825 shares of the company’s stock worth $31,000 after acquiring an additional 276 shares in the last quarter. Fortis Group Advisors LLC bought a new position in Exelon during the third quarter worth about $31,000. Bruce G. Allen Investments LLC bought a new position in Exelon during the fourth quarter worth about $34,000. Finally, Peoples Bank KS bought a new position in Exelon during the third quarter worth about $38,000. 80.92% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EXC has been the topic of several recent analyst reports. TheStreet lowered Exelon from a “b-” rating to a “c+” rating in a report on Wednesday, February 7th. Barclays lifted their target price on Exelon from $36.00 to $39.00 and gave the stock an “overweight” rating in a report on Thursday, March 14th. StockNews.com upgraded Exelon from a “sell” rating to a “hold” rating in a report on Monday, March 25th. UBS Group lowered Exelon from a “buy” rating to a “neutral” rating and cut their price target for the company from $47.00 to $37.00 in a report on Tuesday, January 2nd. Finally, Wells Fargo & Company cut their price target on Exelon from $41.00 to $39.00 and set an “equal weight” rating on the stock in a report on Thursday, February 22nd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $38.92.

Exelon Stock Performance

EXC opened at $37.77 on Thursday. Exelon Co. has a 52-week low of $33.35 and a 52-week high of $43.71. The firm has a market capitalization of $37.75 billion, a PE ratio of 16.21, a PEG ratio of 2.74 and a beta of 0.54. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.73 and a current ratio of 0.81. The business’s 50-day simple moving average is $36.63 and its 200 day simple moving average is $37.11.

Exelon (NASDAQ:EXC) last released its earnings results on Wednesday, February 21st. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.02. The business had revenue of $5.37 billion for the quarter, compared to analyst estimates of $3.87 billion. Exelon had a return on equity of 9.40% and a net margin of 10.72%. Exelon’s revenue was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.43 earnings per share. As a group, sell-side analysts expect that Exelon Co. will post 2.41 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 15th. Shareholders of record on Monday, March 4th were given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 4.02%. The ex-dividend date was Friday, March 1st. This is an increase from Exelon’s previous quarterly dividend of $0.36. Exelon’s 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.