Pekin Singer Strauss Asset Management IL cut its position in shares of Exelon Corporation (NYSE:EXC) by 1.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 318,352 shares of the energy giant’s stock after selling 6,196 shares during the period. Exelon Corporation makes up approximately 1.8% of Pekin Singer Strauss Asset Management IL’s holdings, making the stock its 9th largest position. Pekin Singer Strauss Asset Management IL’s holdings in Exelon Corporation were worth $11,483,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. Live Your Vision LLC increased its stake in Exelon Corporation by 0.9% in the first quarter. Live Your Vision LLC now owns 2,951 shares of the energy giant’s stock worth $106,000 after buying an additional 27 shares in the last quarter. Assetmark Inc. increased its stake in Exelon Corporation by 703.5% in the first quarter. Assetmark Inc. now owns 2,981 shares of the energy giant’s stock worth $107,000 after buying an additional 2,610 shares in the last quarter. V Wealth Management LLC bought a new stake in Exelon Corporation during the second quarter worth approximately $111,000. Hudock Capital Group LLC increased its stake in Exelon Corporation by 8.1% in the first quarter. Hudock Capital Group LLC now owns 3,193 shares of the energy giant’s stock worth $114,000 after buying an additional 240 shares in the last quarter. Finally, Jacobi Capital Management LLC increased its stake in Exelon Corporation by 12.3% in the first quarter. Jacobi Capital Management LLC now owns 3,388 shares of the energy giant’s stock worth $122,000 after buying an additional 372 shares in the last quarter. Institutional investors and hedge funds own 74.81% of the company’s stock.

Shares of Exelon Corporation (NYSE:EXC) opened at 37.50 on Friday. Exelon Corporation has a one year low of $29.82 and a one year high of $38.78. The company has a market capitalization of $36.00 billion, a P/E ratio of 19.83 and a beta of 0.27. The firm has a 50 day moving average price of $37.05 and a 200 day moving average price of $36.03.

Exelon Corporation (NYSE:EXC) last posted its quarterly earnings data on Wednesday, August 2nd. The energy giant reported $0.54 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.02. Exelon Corporation had a return on equity of 8.47% and a net margin of 5.41%. The firm had revenue of $7.62 billion during the quarter, compared to analyst estimates of $7.88 billion. During the same period last year, the company posted $0.65 EPS. The business’s quarterly revenue was up 10.3% on a year-over-year basis. On average, equities research analysts predict that Exelon Corporation will post $2.69 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Tuesday, August 15th will be given a $0.3275 dividend. This represents a $1.31 annualized dividend and a dividend yield of 3.49%. The ex-dividend date of this dividend is Friday, August 11th. Exelon Corporation’s dividend payout ratio (DPR) is presently 68.59%.

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A number of research firms recently commented on EXC. Deutsche Bank AG reiterated a “buy” rating and issued a $41.00 price objective on shares of Exelon Corporation in a report on Monday, July 17th. Jefferies Group LLC reiterated a “buy” rating and issued a $39.50 price objective on shares of Exelon Corporation in a report on Thursday, April 20th. BidaskClub upgraded Exelon Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. Citigroup Inc. upgraded Exelon Corporation from a “neutral” rating to a “buy” rating and upped their price objective for the company from $36.00 to $43.00 in a report on Thursday, July 27th. Finally, Barclays PLC reiterated an “overweight” rating and issued a $44.00 price objective (up previously from $43.00) on shares of Exelon Corporation in a report on Thursday, August 3rd. Six analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Exelon Corporation presently has an average rating of “Buy” and a consensus price target of $39.92.

In related news, EVP Paymon Aliabadi sold 13,333 shares of the business’s stock in a transaction dated Monday, June 19th. The stock was sold at an average price of $37.05, for a total value of $493,987.65. Following the completion of the sale, the executive vice president now directly owns 53,102 shares of the company’s stock, valued at approximately $1,967,429.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Denis P. O’brien sold 30,000 shares of the business’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $38.50, for a total value of $1,155,000.00. Following the completion of the sale, the insider now directly owns 57,243 shares of the company’s stock, valued at $2,203,855.50. The disclosure for this sale can be found here. Over the last three months, insiders sold 927,844 shares of company stock valued at $34,570,885. Corporate insiders own 0.70% of the company’s stock.

Exelon Corporation Company Profile

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.

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Institutional Ownership by Quarter for Exelon Corporation (NYSE:EXC)

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