Exelon Co. (NASDAQ:EXC) Stock Holdings Decreased by Etesian Wealth Advisors Inc.

Etesian Wealth Advisors Inc. trimmed its holdings in shares of Exelon Co. (NASDAQ:EXC) by 3.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,704 shares of the company’s stock after selling 1,532 shares during the period. Etesian Wealth Advisors Inc.’s holdings in Exelon were worth $1,569,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of Exelon by 16.3% in the first quarter. Vanguard Group Inc. now owns 105,310,761 shares of the company’s stock valued at $3,956,525,000 after purchasing an additional 14,749,899 shares during the last quarter. Clearbridge Investments LLC lifted its stake in shares of Exelon by 10.5% in the first quarter. Clearbridge Investments LLC now owns 1,645,737 shares of the company’s stock valued at $61,830,000 after buying an additional 156,201 shares during the period. Czech National Bank grew its position in Exelon by 8.8% during the second quarter. Czech National Bank now owns 190,537 shares of the company’s stock worth $6,594,000 after buying an additional 15,389 shares in the last quarter. Sciencast Management LP bought a new position in Exelon during the first quarter valued at about $1,461,000. Finally, Acadian Asset Management LLC acquired a new position in Exelon in the 1st quarter valued at approximately $681,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on EXC. Barclays increased their price target on shares of Exelon from $41.00 to $44.00 and gave the stock an “overweight” rating in a research report on Tuesday. Morgan Stanley lifted their price target on shares of Exelon from $42.00 to $45.00 and gave the company an “equal weight” rating in a report on Wednesday, September 25th. Scotiabank raised their price target on Exelon from $37.00 to $40.00 and gave the company a “sector perform” rating in a report on Tuesday, August 20th. UBS Group upped their price target on shares of Exelon from $40.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, September 20th. Finally, Wells Fargo & Company increased their price objective on Exelon from $40.00 to $42.00 and gave the company an “equal weight” rating in a research report on Friday, August 2nd. Eleven research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $41.33.

Exelon Stock Performance

Shares of EXC traded up $0.18 during midday trading on Friday, reaching $40.95. 6,103,568 shares of the stock were exchanged, compared to its average volume of 6,422,198. The company has a quick ratio of 0.93, a current ratio of 1.03 and a debt-to-equity ratio of 1.66. The stock’s 50 day simple moving average is $39.17 and its 200 day simple moving average is $37.52. Exelon Co. has a twelve month low of $33.35 and a twelve month high of $41.48. The company has a market cap of $40.97 billion, a P/E ratio of 16.85, a PEG ratio of 2.89 and a beta of 0.53.

Exelon (NASDAQ:EXC) last announced its earnings results on Thursday, August 1st. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.40 by $0.07. The company had revenue of $5.36 billion for the quarter, compared to analysts’ expectations of $4.98 billion. Exelon had a net margin of 10.65% and a return on equity of 9.40%. During the same period last year, the firm earned $0.41 earnings per share. On average, sell-side analysts expect that Exelon Co. will post 2.45 earnings per share for the current year.

Exelon Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Monday, August 12th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date of this dividend was Monday, August 12th. Exelon’s payout ratio is 62.55%.

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.