Today, 1,110 Shares of Exelon Corp. (EXC) are sold by Heartland Advisors Inc.

Today, 1,110 Shares of Exelon Corp. (EXC) are sold by Heartland Advisors Inc.
Heartland Advisors Inc. reduced its stake in shares of Exelon Corp. (NYSE:EXC) by 0.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 284,114 shares of the energy giant’s stock after selling 1,110 shares during the period. Heartland Advisors Inc.’s holdings in Exelon Corp. were worth $9,458,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in EXC. DAVENPORT & Co LLC boosted its position in Exelon Corp. by 1.2% in the second quarter. DAVENPORT & Co LLC now owns 7,735 shares of the energy giant’s stock worth $281,000 after buying an additional 93 shares during the period. FirstMerit Bank N A Trustee boosted its position in Exelon Corp. by 0.6% in the second quarter. FirstMerit Bank N A Trustee now owns 14,912 shares of the energy giant’s stock worth $542,000 after buying an additional 88 shares during the period. Chevy Chase Trust Holdings Inc. boosted its position in Exelon Corp. by 1.4% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 792,690 shares of the energy giant’s stock worth $28,822,000 after buying an additional 11,062 shares during the period. Exxonmobil Investment Management Inc. TX boosted its position in Exelon Corp. by 6.5% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 238,609 shares of the energy giant’s stock worth $8,676,000 after buying an additional 14,630 shares during the period. Finally, CHICAGO TRUST Co NA boosted its position in Exelon Corp. by 1.2% in the second quarter. CHICAGO TRUST Co NA now owns 9,759 shares of the energy giant’s stock worth $355,000 after buying an additional 112 shares during the period. 75.23% of the stock is currently owned by institutional investors.

Exelon Corp. (NYSE:EXC) traded up 0.90% on Friday, hitting $32.60. 916,370 shares of the stock were exchanged. Exelon Corp. has a 52 week low of $25.09 and a 52 week high of $37.70. The company’s 50-day moving average is $32.45 and its 200-day moving average is $34.31. The company has a market cap of $30.10 billion, a PE ratio of 24.44 and a beta of 0.21.

Exelon Corp. (NYSE:EXC) last announced its earnings results on Wednesday, October 26th. The energy giant reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.13. Exelon Corp. had a return on equity of 8.81% and a net margin of 3.88%. The firm had revenue of $8.84 billion for the quarter, compared to the consensus estimate of $7.97 billion. During the same quarter in the previous year, the business earned $0.83 EPS. The company’s revenue was up 19.2% compared to the same quarter last year. On average, analysts predict that Exelon Corp. will post $2.66 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 9th. Investors of record on Tuesday, November 15th will be paid a $0.318 dividend. The ex-dividend date is Thursday, November 10th. This represents a $1.27 annualized dividend and a yield of 3.94%. Exelon Corp.’s payout ratio is 94.78%.

A number of equities analysts have recently weighed in on EXC shares. Morgan Stanley raised shares of Exelon Corp. from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $27.00 to $37.00 in a research note on Friday, November 18th. They noted that the move was a valuation call. Barclays PLC lowered their price target on shares of Exelon Corp. from $41.00 to $39.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 31st. Jefferies Group reiterated a “buy” rating and issued a $36.00 price objective (down from $40.00) on shares of Exelon Corp. in a research report on Monday, October 10th. Deutsche Bank AG reiterated a “buy” rating and issued a $38.00 price objective on shares of Exelon Corp. in a research report on Friday, October 21st. Finally, Bank of America Corp. reiterated a “hold” rating and issued a $37.00 price objective on shares of Exelon Corp. in a research report on Thursday, August 11th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company’s stock. Exelon Corp. presently has a consensus rating of “Buy” and an average target price of $36.92.

In related news, CEO Calvin Butler, Jr. sold 6,403 shares of the company’s stock in a transaction that occurred on Thursday, September 22nd. The stock was sold at an average price of $35.00, for a total value of $224,105.00. Following the transaction, the chief executive officer now owns 18,109 shares in the company, valued at $633,815. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.80% of the stock is owned by corporate insiders.

About Exelon Corp.

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