Advanced Asset Management Advisors Inc Has $1.12 Million Stock Position in Exelon Co. (NASDAQ:EXC)

Advanced Asset Management Advisors Inc reduced its holdings in shares of Exelon Co. (NASDAQ:EXC) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,317 shares of the company’s stock after selling 425 shares during the period. Advanced Asset Management Advisors Inc’s holdings in Exelon were worth $1,124,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. DekaBank Deutsche Girozentrale increased its holdings in Exelon by 507.9% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 3,161,879 shares of the company’s stock valued at $119,505,000 after purchasing an additional 2,641,756 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its position in Exelon by 501.1% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 2,290,847 shares of the company’s stock valued at $86,571,000 after acquiring an additional 1,909,731 shares in the last quarter. Maple Brown Abbott Ltd acquired a new position in shares of Exelon during the third quarter worth approximately $64,377,000. Invesco Ltd. grew its stake in shares of Exelon by 12.2% during the third quarter. Invesco Ltd. now owns 10,069,810 shares of the company’s stock valued at $380,538,000 after purchasing an additional 1,092,736 shares during the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in shares of Exelon by 112.4% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,910,912 shares of the company’s stock valued at $72,213,000 after purchasing an additional 1,011,224 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on EXC. Seaport Res Ptn cut Exelon from a “buy” rating to a “neutral” rating in a research note on Monday, January 8th. UBS Group lowered shares of Exelon from a “buy” rating to a “neutral” rating and reduced their target price for the company from $47.00 to $37.00 in a research note on Tuesday, January 2nd. Wells Fargo & Company dropped their price target on shares of Exelon from $41.00 to $39.00 and set an “equal weight” rating for the company in a research note on Thursday, February 22nd. TheStreet cut shares of Exelon from a “b-” rating to a “c+” rating in a research note on Wednesday, February 7th. Finally, Bank of America lowered their target price on shares of Exelon from $38.00 to $36.00 and set a “neutral” rating for the company in a report on Friday, January 19th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $38.92.

Exelon Stock Performance

NASDAQ:EXC traded down $0.11 during trading on Thursday, reaching $37.66. The company’s stock had a trading volume of 3,958,211 shares, compared to its average volume of 6,607,048. Exelon Co. has a 12 month low of $33.35 and a 12 month high of $43.54. The firm has a 50 day moving average of $36.69 and a 200-day moving average of $37.11. The firm has a market cap of $37.64 billion, a price-to-earnings ratio of 16.16, a price-to-earnings-growth 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.

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

Exelon Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Monday, March 4th were given a $0.38 dividend. This is a boost from Exelon’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Friday, March 1st. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.04%. Exelon’s payout ratio is presently 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.