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

ORG Partners LLC lowered its stake in shares of Exelon Co. (NASDAQ:EXC) by 60.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 930 shares of the company’s stock after selling 1,416 shares during the period. ORG Partners LLC’s holdings in Exelon were worth $33,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pacer Advisors Inc. raised its holdings in shares of Exelon by 85.7% during the fourth quarter. Pacer Advisors Inc. now owns 192,063 shares of the company’s stock valued at $6,895,000 after purchasing an additional 88,614 shares during the last quarter. Raymond James & Associates boosted its holdings in Exelon by 24.4% in the fourth quarter. Raymond James & Associates now owns 464,064 shares of the company’s stock worth $16,660,000 after purchasing an additional 91,088 shares during the last quarter. Invesco Ltd. grew its position in Exelon by 12.2% in the 3rd quarter. Invesco Ltd. now owns 10,069,810 shares of the company’s stock worth $380,538,000 after purchasing an additional 1,092,736 shares during the period. Duality Advisers LP purchased a new stake in Exelon during the 3rd quarter valued at $1,418,000. Finally, Bank of Nova Scotia lifted its holdings in shares of Exelon by 299.5% during the 3rd quarter. Bank of Nova Scotia now owns 641,757 shares of the company’s stock valued at $24,252,000 after buying an additional 481,127 shares during the period. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

Shares of NASDAQ EXC opened at $35.75 on Wednesday. The stock has a market cap of $35.73 billion, a PE ratio of 15.34, a price-to-earnings-growth ratio of 2.65 and a beta of 0.54. Exelon Co. has a 1 year low of $33.35 and a 1 year high of $43.71. The firm has a fifty day moving average price of $36.25 and a 200-day moving average price of $37.11. 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 (NASDAQ:EXC) last issued its earnings results on Wednesday, February 21st. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.02. The company had revenue of $5.37 billion during the quarter, compared to the consensus estimate of $3.87 billion. Exelon had a net margin of 10.72% and a return on equity of 9.40%. Exelon’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.43 EPS. Equities analysts anticipate that Exelon Co. will post 2.41 earnings per share for the current fiscal year.

Exelon Increases Dividend

The firm also recently announced 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 an increase from Exelon’s previous quarterly dividend of $0.36. Exelon’s dividend payout ratio (DPR) is 65.24%.

Analyst Ratings Changes

Several analysts recently commented on EXC shares. Seaport Res Ptn lowered Exelon from a “buy” rating to a “neutral” rating in a report on Monday, January 8th. Bank of America reduced their price target on shares of Exelon from $38.00 to $36.00 and set a “neutral” rating for the company in a research report on Friday, January 19th. Barclays increased their price objective on shares of Exelon from $36.00 to $39.00 and gave the stock an “overweight” rating in a research note on Thursday, March 14th. StockNews.com upgraded shares of Exelon from a “sell” rating to a “hold” rating in a research report on Monday, March 25th. Finally, Mizuho raised 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 analyst has rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Exelon presently has a consensus rating of “Hold” and a consensus target price 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.