The Community Bank N.A. Has $1.66 Million Position in Exelon Co. (EXC)

The Community Bank N.A. Has $1.66 Million Position in Exelon Co. (EXC)

Several other large investors also recently made changes to their positions in the stock. CT Financial Advisors LLC raised its stake in shares of Exelon by 0.3% in the first quarter. CT Financial Advisors LLC now owns 4,131 shares of the energy giant’s stock valued at $149,000 after buying an additional 12 shares in the last quarter. Cable Hill Partners LLC raised its stake in shares of Exelon by 0.8% in the third quarter. Cable Hill Partners LLC now owns 3,215 shares of the energy giant’s stock valued at $103,000 after buying an additional 26 shares in the last quarter. Cornerstone Investment Partners LLC increased its stake in shares of Exelon by 0.4% in the first quarter. Cornerstone Investment Partners LLC now owns 9,801 shares of the energy giant’s stock valued at $353,000 after buying an additional 36 shares during the last quarter. Chesley Taft & Associates LLC increased its stake in shares of Exelon by 0.6% in the first quarter. Chesley Taft & Associates LLC now owns 5,880 shares of the energy giant’s stock valued at $212,000 after buying an additional 37 shares during the last quarter. Finally, Gradient Investments LLC increased its stake in shares of Exelon by 0.7% in the first quarter. Gradient Investments LLC now owns 10,009 shares of the energy giant’s stock valued at $360,000 after buying an additional 72 shares during the last quarter. Hedge funds and other institutional investors own 75.83% of the company’s stock.

Community Bank N.A. increased its stake in shares of Exelon Co. (NYSE:EXC) by 1.4% during the first quarter, according to its most recent filing with the SEC. The fund owned 46,241 shares of the energy giant’s stock after buying an additional 650 shares during the period. Community Bank N.A.’s holdings in Exelon were worth $1,663,000 as of its most recent SEC filing.

Shares of Exelon Co. (NYSE:EXC) opened at 36.60 on Monday. Exelon Co. has a 52 week low of $29.82 and a 52 week high of $37.70. The company’s 50-day moving average price is $35.03 and its 200 day moving average price is $35.16. The company has a market cap of $33.90 billion, a P/E ratio of 17.42 and a beta of 0.26.

Exelon (NYSE:EXC) last announced its quarterly earnings results on Wednesday, May 3rd. The energy giant reported $0.65 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.03. The business had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.69 billion. Exelon had a return on equity of 9.24% and a net margin of 3.59%. The company’s quarterly revenue was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.68 EPS. Equities research analysts anticipate that Exelon Co. will post $2.67 earnings per share for the current fiscal year. The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 9th. Investors of record on Monday, May 15th will be given a dividend of $0.3275 per share. The ex-dividend date is Thursday, May 11th. This represents a $1.31 annualized dividend and a dividend yield of 3.58%. Exelon’s dividend payout ratio is currently 106.50%.

A number of brokerages recently commented on EXC. Jefferies Group LLC restated a “buy” rating and set a $39.50 target price on shares of Exelon in a report on Thursday, April 20th. Credit Suisse Group AG reiterated a “buy” rating and issued a $42.00 price objective on shares of Exelon in a report on Tuesday, May 30th. Royal Bank of Canada reiterated a “buy” rating and issued a $40.00 price objective on shares of Exelon in a report on Friday, March 17th. Morgan Stanley downgraded Exelon from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $40.00 to $37.00 in a report on Tuesday, March 28th. They noted that the move was a valuation call. Finally, ValuEngine cut Exelon from a “buy” rating to a “hold” rating in a research note on Saturday. Eight analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Exelon presently has an average rating of “Hold” and a consensus price target of $38.96. In related news, Director John W. Rogers, Jr. acquired 3,000 shares of the business’s stock in a transaction that occurred on Thursday, May 11th. The stock was purchased at an average cost of $33.57 per share, for a total transaction of $100,710.00. Following the transaction, the director now directly owns 14,374 shares of the company’s stock, valued at approximately $482,535.18. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.80% of the company’s stock.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “EXC”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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