Ausdal Financial Partners Inc. Cuts Position in Exelon Co. (EXC)

Ausdal Financial Partners Inc. reduced its stake in Exelon Co. (NYSE:EXC) by 11.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,716 shares of the energy giant’s stock after selling 2,001 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Exelon were worth $619,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Advisory Services Network LLC increased its stake in Exelon by 24.3% in the 2nd quarter. Advisory Services Network LLC now owns 4,647 shares of the energy giant’s stock worth $168,000 after acquiring an additional 908 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Exelon by 4.8% in the 3rd quarter. Daiwa Securities Group Inc. now owns 27,526 shares of the energy giant’s stock worth $1,037,000 after buying an additional 1,250 shares during the last quarter. Segall Bryant & Hamill LLC boosted its stake in shares of Exelon by 20.5% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 7,480 shares of the energy giant’s stock worth $282,000 after buying an additional 1,273 shares during the last quarter. ARGI Investment Services LLC boosted its stake in shares of Exelon by 2.9% in the 3rd quarter. ARGI Investment Services LLC now owns 47,458 shares of the energy giant’s stock worth $1,788,000 after buying an additional 1,343 shares during the last quarter. Finally, BKD Wealth Advisors LLC boosted its stake in shares of Exelon by 13.1% in the 4th quarter. BKD Wealth Advisors LLC now owns 11,694 shares of the energy giant’s stock worth $461,000 after buying an additional 1,354 shares during the last quarter. 78.42% of the stock is currently owned by institutional investors.

A number of equities analysts have recently issued reports on the company. JPMorgan Chase & Co. dropped their price target on Exelon from $42.00 to $40.00 and set an “overweight” rating on the stock in a research note on Wednesday. UBS Group initiated coverage on Exelon in a research report on Friday, February 2nd. They set a “buy” rating and a $44.00 target price on the stock. Morgan Stanley lowered their target price on Exelon from $42.00 to $41.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 8th. Royal Bank of Canada reiterated an “outperform” rating and set a $43.00 target price on shares of Exelon in a research report on Wednesday, February 14th. Finally, KeyCorp lowered their target price on Exelon from $45.00 to $40.00 and set an “overweight” rating on the stock in a research report on Friday, February 9th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $40.91.

In other news, EVP Paymon Aliabadi sold 13,334 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $40.62, for a total transaction of $541,627.08. Following the transaction, the executive vice president now owns 26,435 shares of the company’s stock, valued at $1,073,789.70. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.70% of the company’s stock.

Shares of Exelon Co. (EXC) traded up $0.21 during trading on Friday, hitting $37.45. The stock had a trading volume of 442,361 shares, compared to its average volume of 7,417,750. Exelon Co. has a fifty-two week low of $33.30 and a fifty-two week high of $42.67. The stock has a market capitalization of $35,763.99, a P/E ratio of 9.47, a price-to-earnings-growth ratio of 2.42 and a beta of 0.23. The company has a quick ratio of 0.94, a current ratio of 1.10 and a debt-to-equity ratio of 1.01.

Exelon (NYSE:EXC) last announced its quarterly earnings data on Wednesday, February 7th. The energy giant reported $0.55 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.05). Exelon had a net margin of 11.53% and a return on equity of 8.35%. The business had revenue of $8.38 billion during the quarter, compared to analysts’ expectations of $7.66 billion. During the same quarter in the previous year, the firm earned $0.44 earnings per share. Exelon’s revenue was up 6.4% on a year-over-year basis. analysts forecast that Exelon Co. will post 3.07 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.345 per share. This is a boost from Exelon’s previous quarterly dividend of $0.33. This represents a $1.38 annualized dividend and a yield of 3.68%. The ex-dividend date of this dividend is Wednesday, February 14th. Exelon’s payout ratio is presently 34.94%.

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About Exelon

Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.

Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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