Sequoia Financial Advisors and
Alspring Global Investments among other companies, have trimmed their stakes in
Exelon Co (NASDAQ:EXC). The
stock of Exelon Corporation recently underperformed compared to its competitors. Despite such performance, institutional investors are found to own between 83-86% of the stock.
Earnings for Q1 and Q4 of 2023 and 2024 were also published with Q1 2024 earnings highlighted as trailing estimates. The company has seen a considerable amount of share selling, but also buying by entities like
Prosperity Consulting Group and Sumitomo Mitsui Trust Holdings. Exelon's return on equity (ROE) stands between 8.4% and 8.9%, and there's a concern about the lack of significant
growth. The company recently announced a dividend increase to $0.38, hinting at upside potential. Still, it also faced
SEC fraud charges settled with a $46.2M penalty.
Exelon Corporation EXC News Analytics from Tue, 25 Jul 2023 07:00:00 GMT to Sun, 07 Jul 2024 14:19:30 GMT -
Rating -2
- Innovation -1
- Information 8
- Rumor -5
