Exelon Corporation (NYSE:EXC) Chairman Mayo A. Shattuck III sold 100,000 shares of Exelon Corporation stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $41.13, for a total transaction of $4,113,000.00. Following the completion of the transaction, the chairman now directly owns 267,649 shares of the company’s stock, valued at $11,008,403.37. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Exelon Corporation (NYSE EXC) traded up $0.05 during trading on Wednesday, hitting $41.32. 3,776,268 shares of the stock traded hands, compared to its average volume of 4,681,981. Exelon Corporation has a 12-month low of $29.82 and a 12-month high of $41.56. The company has a market cap of $39,065.98, a price-to-earnings ratio of 16.41, a PEG ratio of 3.53 and a beta of 0.31. The company has a quick ratio of 0.89, a current ratio of 1.03 and a debt-to-equity ratio of 1.06.

Exelon Corporation (NYSE:EXC) last announced its quarterly earnings data on Thursday, November 2nd. The energy giant reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.01). Exelon Corporation had a net margin of 6.59% and a return on equity of 8.19%. The company had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $8.58 billion. During the same quarter in the previous year, the business earned $0.91 EPS. The company’s quarterly revenue was down 2.6% compared to the same quarter last year. equities analysts forecast that Exelon Corporation will post 2.66 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Wednesday, November 15th will be issued a dividend of $0.3275 per share. The ex-dividend date is Tuesday, November 14th. This represents a $1.31 dividend on an annualized basis and a yield of 3.17%. Exelon Corporation’s payout ratio is 58.74%.

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A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Bronfman E.L. Rothschild L.P. lifted its holdings in Exelon Corporation by 15.5% during the 3rd quarter. Bronfman E.L. Rothschild L.P. now owns 11,202 shares of the energy giant’s stock valued at $422,000 after buying an additional 1,501 shares in the last quarter. Norinchukin Bank The lifted its holdings in Exelon Corporation by 3.9% during the 3rd quarter. Norinchukin Bank The now owns 125,692 shares of the energy giant’s stock valued at $4,735,000 after buying an additional 4,680 shares in the last quarter. ING Groep NV lifted its holdings in Exelon Corporation by 46.0% during the 3rd quarter. ING Groep NV now owns 95,757 shares of the energy giant’s stock valued at $3,607,000 after buying an additional 30,158 shares in the last quarter. First Interstate Bank lifted its holdings in Exelon Corporation by 8.2% during the 3rd quarter. First Interstate Bank now owns 145,561 shares of the energy giant’s stock valued at $5,483,000 after buying an additional 11,026 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Exelon Corporation by 20.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 463,311 shares of the energy giant’s stock valued at $17,453,000 after buying an additional 80,067 shares in the last quarter. Institutional investors own 77.44% of the company’s stock.

EXC has been the subject of a number of recent research reports. KeyCorp reissued a “buy” rating and issued a $41.00 price objective on shares of Exelon Corporation in a research note on Friday, September 1st. Bank of America Corporation initiated coverage on shares of Exelon Corporation in a research note on Tuesday, October 24th. They issued a “buy” rating and a $43.00 price objective for the company. BidaskClub raised shares of Exelon Corporation from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 26th. Zacks Investment Research raised shares of Exelon Corporation from a “sell” rating to a “hold” rating in a research note on Friday, October 20th. Finally, Citigroup Inc. raised shares of Exelon Corporation from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $36.00 to $43.00 in a research note on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. Exelon Corporation presently has a consensus rating of “Buy” and a consensus target price of $40.64.

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.

Insider Buying and Selling by Quarter for Exelon Corporation (NYSE:EXC)

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