The Xcel Energy Inc (XEL) Shares Sold by LS Investment Advisors LLC

The Xcel Energy Inc (XEL) Shares Sold by LS Investment Advisors LLC

A number of other institutional investors have also recently modified their holdings of XEL. Reilly Financial Advisors LLC increased its position in shares of Xcel Energy by 5.8% in the first quarter. Reilly Financial Advisors LLC now owns 2,901 shares of the utilities provider’s stock worth $129,000 after buying an additional 160 shares during the last quarter. Farmers & Merchants Trust Co of Chambersburg PA purchased a new position in shares of Xcel Energy during the fourth quarter worth $119,000. TLP Group LLC increased its position in shares of Xcel Energy by 13.5% in the third quarter. TLP Group LLC now owns 2,935 shares of the utilities provider’s stock worth $121,000 after buying an additional 348 shares during the last quarter. Sharkey Howes & Javer increased its position in shares of Xcel Energy by 0.5% in the third quarter. Sharkey Howes & Javer now owns 2,961 shares of the utilities provider’s stock worth $122,000 after buying an additional 15 shares during the last quarter. Finally, JNBA Financial Advisors increased its position in Xcel Energy by 634.3% in the fourth quarter. JNBA Financial Advisors now owns 3,194 shares of the utilities provider’s stock valued at $130,000 after buying an additional 2,759 shares in the last quarter. Institutional investors and hedge funds own 70.91% of the company’s stock.

LS Investment Advisors LLC lowered its position in Xcel Energy Inc (NYSE:XEL) by 6.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,403 shares of the utilities provider’s stock after selling 3,342 shares during the period. LS Investment Advisors LLC’s holdings in Xcel Energy were worth $2,152,000 as of its most recent SEC filing.

Xcel Energy Inc (NYSE XEL) opened at 48.32 on Monday. The firm has a market cap of $24.54 billion, a P/E ratio of 21.92 and a beta of 0.09. The stock has a 50 day moving average price of $45.70 and a 200 day moving average price of $42.76. Xcel Energy Inc has a 1-year low of $38.00 and a 1-year high of $48.50.

Xcel Energy (NYSE:XEL) last released its earnings results on Thursday, April 27th. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.03. Xcel Energy had a return on equity of 10.41% and a net margin of 10.11%. The business had revenue of $2.95 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the prior year, the business posted $0.47 EPS. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. On average, analysts anticipate that Xcel Energy Inc will post $2.20 EPS for the current year. The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 20th. Investors of record on Thursday, June 15th will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Tuesday, June 13th. Xcel Energy’s dividend payout ratio is currently 61.54%.

Several research firms have commented on XEL. Mizuho began coverage on shares of Xcel Energy in a report on Wednesday, April 19th. They issued a “neutral” rating and a $44.00 price objective on the stock. Deutsche Bank AG upped their price target on shares of Xcel Energy from $45.00 to $46.00 and gave the company a “hold” rating in a research note on Friday, April 28th. Jefferies Group LLC restated a “hold” rating and issued a $46.00 price target on shares of Xcel Energy in a research note on Thursday, April 27th. Barclays PLC restated an “equal weight” rating and issued a $47.00 price target (up from $44.00) on shares of Xcel Energy in a research note on Sunday, April 23rd. Finally, Zacks Investment Research cut shares of Xcel Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, April 12th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $46.33. 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “XEL”, “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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