Intrust Bank NA Has $690,000 Position in Exelon Co. (NASDAQ:EXC)

Intrust Bank NA lessened its stake in shares of Exelon Co. (NASDAQ:EXC) by 17.1% during the 4th quarter, HoldingsChannel reports. The firm owned 19,209 shares of the company’s stock after selling 3,965 shares during the quarter. Intrust Bank NA’s holdings in Exelon were worth $690,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Pacer Advisors Inc. boosted its stake in Exelon by 85.7% during the 4th 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 period. Duality Advisers LP raised its stake in Exelon by 225.3% during the 4th quarter. Duality Advisers LP now owns 122,009 shares of the company’s stock valued at $4,380,000 after purchasing an additional 84,498 shares during the last quarter. Raymond James & Associates boosted its holdings in Exelon by 24.4% in the 4th quarter. Raymond James & Associates now owns 464,064 shares of the company’s stock valued at $16,660,000 after purchasing an additional 91,088 shares during the period. 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 last quarter. Finally, Principle Wealth Partners LLC acquired a new stake in Exelon in the 4th quarter worth $1,639,000. Institutional investors own 80.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on EXC. Wells Fargo & Company reduced their target price 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. Mizuho raised Exelon from a “neutral” rating to a “buy” rating and lifted their price objective 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. TheStreet cut Exelon from a “b-” rating to a “c+” rating in a research report on Wednesday, February 7th. Finally, Barclays boosted their price target on shares of Exelon from $36.00 to $39.00 and gave the company an “overweight” rating in a report on Thursday, March 14th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $38.92.

Exelon Stock Down 0.4 %

NASDAQ EXC opened at $37.58 on Wednesday. The stock’s 50 day simple moving average is $36.85 and its 200 day simple moving average is $37.03. 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 Co. has a one year low of $33.35 and a one year high of $43.53. The firm has a market cap of $37.56 billion, a PE ratio of 16.13, a price-to-earnings-growth ratio of 2.75 and a beta of 0.54.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Wednesday, February 21st. The company reported $0.60 EPS for the quarter, topping 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 firm had revenue of $5.37 billion for the quarter, compared to analyst estimates of $3.87 billion. During the same quarter in the prior year, the firm earned $0.43 EPS. The company’s revenue was up 15.0% on a year-over-year basis. As a group, sell-side analysts forecast 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. Shareholders of record on Monday, March 4th were issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date of this dividend was Friday, March 1st. This is a positive change from Exelon’s previous quarterly dividend of $0.36. Exelon’s payout ratio is currently 65.24%.

Exelon Company 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.