B. Metzler seel. Sohn & Co. Holding AG Invests $1.41 Million in Xcel Energy Inc. (NASDAQ:XEL)

B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Xcel Energy Inc. (NASDAQ:XEL - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 21,635 shares of the company's stock, valued at approximately $1,413,000.

Several other institutional investors and hedge funds have also made changes to their positions in XEL. Banque Cantonale Vaudoise purchased a new stake in Xcel Energy in the 3rd quarter valued at approximately $462,000. Prospera Financial Services Inc lifted its position in shares of Xcel Energy by 7.9% in the third quarter. Prospera Financial Services Inc now owns 12,974 shares of the company's stock valued at $847,000 after acquiring an additional 946 shares in the last quarter. Meeder Asset Management Inc. boosted its stake in shares of Xcel Energy by 835.9% during the third quarter. Meeder Asset Management Inc. now owns 29,602 shares of the company's stock valued at $1,933,000 after acquiring an additional 26,439 shares during the last quarter. Caprock Group LLC increased its position in Xcel Energy by 4.8% during the 3rd quarter. Caprock Group LLC now owns 7,393 shares of the company's stock worth $487,000 after purchasing an additional 339 shares in the last quarter. Finally, Pathstone Holdings LLC lifted its holdings in Xcel Energy by 9.6% in the 3rd quarter. Pathstone Holdings LLC now owns 75,673 shares of the company's stock valued at $4,944,000 after purchasing an additional 6,620 shares in the last quarter. 78.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on XEL. UBS Group lifted their price target on shares of Xcel Energy from $66.00 to $67.00 and gave the stock a "neutral" rating in a report on Friday, September 20th. KeyCorp boosted their price target on Xcel Energy from $69.00 to $74.00 and gave the company an "overweight" rating in a report on Friday, November 1st. Morgan Stanley lowered their price objective on Xcel Energy from $74.00 to $72.00 and set an "equal weight" rating for the company in a research report on Friday. Wells Fargo & Company increased their target price on Xcel Energy from $63.00 to $66.00 and gave the stock an "equal weight" rating in a research report on Wednesday, October 16th. Finally, Barclays raised their price target on Xcel Energy from $57.00 to $67.00 and gave the stock an "overweight" rating in a research note on Monday, October 21st. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $66.31.

Xcel Energy Trading Down 0.0 %

Shares of XEL stock traded down $0.03 during mid-day trading on Friday, reaching $71.35. The company's stock had a trading volume of 2,065,350 shares, compared to its average volume of 4,838,816. The company's 50 day simple moving average is $65.42 and its 200-day simple moving average is $59.75. The company has a quick ratio of 0.82, a current ratio of 0.93 and a debt-to-equity ratio of 1.42. Xcel Energy Inc. has a 12-month low of $46.79 and a 12-month high of $71.79. The firm has a market capitalization of $40.97 billion, a PE ratio of 21.17, a price-to-earnings-growth ratio of 2.92 and a beta of 0.38.

Xcel Energy (NASDAQ:XEL - Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $1.25 earnings per share for the quarter, missing the consensus estimate of $1.26 by ($0.01). The company had revenue of $3.64 billion during the quarter, compared to analysts' expectations of $3.93 billion. Xcel Energy had a return on equity of 10.76% and a net margin of 13.67%. Xcel Energy's quarterly revenue was down .5% on a year-over-year basis. During the same period in the previous year, the company earned $1.23 EPS. On average, research analysts predict that Xcel Energy Inc. will post 3.55 EPS for the current fiscal year.

About Xcel Energy

Xcel Energy Inc, through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through wind, nuclear, hydroelectric, biomass, and solar energy sources, as well as coal, natural gas, oil, wood, and refuse-derived fuels.