Exelon Corporation (NYSE:EXC) EVP Paymon Aliabadi sold 13,333 shares of the stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $38.31, for a total transaction of $510,787.23. Following the completion of the sale, the executive vice president now owns 39,769 shares of the company’s stock, valued at $1,523,550.39. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Paymon Aliabadi also recently made the following trade(s):
- On Monday, June 19th, Paymon Aliabadi sold 13,333 shares of Exelon Corporation stock. The shares were sold at an average price of $37.05, for a total transaction of $493,987.65.
Exelon Corporation (NYSE EXC) opened at 37.88 on Wednesday. Exelon Corporation has a 52 week low of $29.82 and a 52 week high of $38.78. The firm’s 50-day moving average is $37.98 and its 200 day moving average is $36.40. The stock has a market cap of $36.37 billion, a price-to-earnings ratio of 20.03 and a beta of 0.28.
Exelon Corporation (NYSE:EXC) last posted its quarterly earnings data on Wednesday, August 2nd. The energy giant reported $0.54 EPS for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.02. Exelon Corporation had a net margin of 5.41% and a return on equity of 8.47%. The company had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $7.88 billion. During the same quarter in the prior year, the company posted $0.65 EPS. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. On average, equities research analysts expect that Exelon Corporation will post $2.68 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Tuesday, August 15th were paid a dividend of $0.3275 per share. This represents a $1.31 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date was Friday, August 11th. Exelon Corporation’s dividend payout ratio is currently 68.59%.
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Several hedge funds and other institutional investors have recently bought and sold shares of the company. Live Your Vision LLC grew its holdings in shares of Exelon Corporation by 0.9% during the 1st quarter. Live Your Vision LLC now owns 2,951 shares of the energy giant’s stock worth $106,000 after purchasing an additional 27 shares during the period. Assetmark Inc. grew its holdings in shares of Exelon Corporation by 703.5% during the 1st quarter. Assetmark Inc. now owns 2,981 shares of the energy giant’s stock worth $107,000 after purchasing an additional 2,610 shares during the period. Sandy Spring Bank grew its holdings in shares of Exelon Corporation by 10.1% during the 2nd quarter. Sandy Spring Bank now owns 2,963 shares of the energy giant’s stock worth $107,000 after purchasing an additional 271 shares during the period. V Wealth Management LLC purchased a new stake in shares of Exelon Corporation during the 2nd quarter worth about $111,000. Finally, Sterling Investment Advisors Ltd. grew its holdings in shares of Exelon Corporation by 1.2% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 3,145 shares of the energy giant’s stock worth $113,000 after purchasing an additional 37 shares during the period. 76.79% of the stock is owned by institutional investors.
A number of equities research analysts have recently commented on EXC shares. KeyCorp reiterated a “buy” rating and issued a $41.00 target price on shares of Exelon Corporation in a research report on Friday, September 1st. BidaskClub raised shares of Exelon Corporation from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 26th. Citigroup Inc. raised shares of 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. Wolfe Research raised shares of Exelon Corporation from a “market perform” rating to an “outperform” rating in a report on Monday, July 17th. Finally, Morgan Stanley upped their price objective on shares of Exelon Corporation from $37.00 to $40.00 and gave the company an “equal weight” rating in a report on Friday, September 8th. Six analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $40.17.
About Exelon Corporation
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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