Teachers Advisors LLC lifted its stake in Xcel Energy Inc (NYSE:XEL) by 2.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,358,482 shares of the utilities provider’s stock after acquiring an additional 27,526 shares during the period. Teachers Advisors LLC owned approximately 0.27% of Xcel Energy worth $65,357,000 at the end of the most recent reporting period.
Several other institutional investors also recently made changes to their positions in XEL. Assetmark Inc. grew its stake in shares of Xcel Energy by 118.9% in the third quarter. Assetmark Inc. now owns 2,191 shares of the utilities provider’s stock worth $104,000 after acquiring an additional 1,190 shares during the last quarter. SeaCrest Wealth Management LLC acquired a new stake in shares of Xcel Energy in the fourth quarter worth $105,000. Krilogy Financial LLC acquired a new stake in shares of Xcel Energy in the third quarter worth $127,000. Avestar Capital LLC bought a new position in Xcel Energy in the fourth quarter worth $134,000. Finally, BB&T Investment Services Inc. lifted its position in Xcel Energy by 73.3% in the third quarter. BB&T Investment Services Inc. now owns 2,730 shares of the utilities provider’s stock worth $145,000 after purchasing an additional 1,155 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.
Several research analysts recently commented on XEL shares. SunTrust Banks reaffirmed a “hold” rating and issued a $48.00 target price on shares of Xcel Energy in a research report on Monday, December 4th. Zacks Investment Research cut Xcel Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th. Morgan Stanley raised their target price on Xcel Energy from $50.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 13th. ValuEngine raised Xcel Energy from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, Royal Bank of Canada reaffirmed a “hold” rating and issued a $49.00 target price on shares of Xcel Energy in a research report on Thursday, February 1st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $48.00.
Xcel Energy Inc (NYSE XEL) opened at $44.13 on Friday. The stock has a market capitalization of $22,160.00, a price-to-earnings ratio of 19.19, a price-to-earnings-growth ratio of 3.18 and a beta of 0.18. Xcel Energy Inc has a twelve month low of $41.51 and a twelve month high of $52.22. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.68 and a current ratio of 0.87.
Xcel Energy (NYSE:XEL) last issued its quarterly earnings data on Wednesday, February 7th. The utilities provider reported $0.42 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.43 by ($0.01). The company had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.84 billion. Xcel Energy had a net margin of 10.06% and a return on equity of 10.44%. The firm’s revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.45 earnings per share. equities research analysts anticipate that Xcel Energy Inc will post 2.44 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 20th. Shareholders of record on Thursday, March 15th will be issued a dividend of $0.38 per share. The ex-dividend date is Wednesday, March 14th. This is a boost from Xcel Energy’s previous quarterly dividend of $0.36. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.44%. Xcel Energy’s dividend payout ratio (DPR) is presently 66.09%.
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Xcel Energy Company Profile
Xcel Energy Inc is a public utility holding company. The Company’s operations include the activity of four utility subsidiaries that serve electric and natural gas customers in eight states. The Company’s segments include regulated electric utility, regulated natural gas utility and all other. The Company’s utility subsidiaries include NSP-Minnesota, NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co (SPS), which serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.
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