Twin Capital Management Inc. Sells 13,142 Shares of Exelon Co. (NASDAQ:EXC)

Twin Capital Management Inc. reduced its position in shares of Exelon Co. (NASDAQ:EXC) by 41.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,443 shares of the company’s stock after selling 13,142 shares during the quarter. Twin Capital Management Inc.’s holdings in Exelon were worth $662,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

Several research firms recently commented on EXC. Seaport Res Ptn downgraded shares of Exelon from a “buy” rating to a “neutral” rating in a research report on Monday, January 8th. UBS Group downgraded Exelon from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $47.00 to $37.00 in a report on Tuesday, January 2nd. Mizuho raised Exelon from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $36.00 to $39.00 in a report on Wednesday, January 10th. StockNews.com upgraded Exelon from a “sell” rating to a “hold” rating in a research report on Monday, March 25th. Finally, Bank of America lowered 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 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. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $39.09.

Exelon Trading Up 2.4 %

NASDAQ:EXC opened at $37.55 on Friday. The firm’s fifty day moving average is $36.43 and its 200-day moving average is $37.11. 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 Co. has a 52 week low of $33.35 and a 52 week high of $43.71. The firm has a market cap of $37.53 billion, a P/E ratio of 16.12, a P/E/G ratio of 2.68 and a beta of 0.54.

Exelon (NASDAQ:EXC) last issued 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 net margin of 10.72% and a return on equity of 9.40%. Exelon’s revenue was up 15.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.43 earnings per share. Equities analysts expect that Exelon Co. will post 2.41 earnings per share for the current year.

Exelon Increases Dividend

The business 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. The ex-dividend date was Friday, March 1st. This is a positive change from Exelon’s previous quarterly dividend of $0.36. This represents a $1.52 annualized dividend and a yield of 4.05%. Exelon’s dividend payout ratio is currently 65.24%.

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.