Xcel Energy Inc. (NASDAQ:XEL) Shares Bought by GSA Capital Partners LLP

GSA Capital Partners LLP increased its stake in shares of Xcel Energy Inc. (NASDAQ:XEL - Free Report) by 155.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 21,979 shares of the company's stock after purchasing an additional 13,386 shares during the quarter. GSA Capital Partners LLP's holdings in Xcel Energy were worth $1,435,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Price T Rowe Associates Inc. MD grew its position in Xcel Energy by 770.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,552,625 shares of the company's stock valued at $405,955,000 after acquiring an additional 6,684,499 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its position in shares of Xcel Energy by 1.8% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 4,186,101 shares of the company's stock worth $223,264,000 after buying an additional 74,690 shares in the last quarter. Federated Hermes Inc. grew its position in shares of Xcel Energy by 120.2% during the 2nd quarter. Federated Hermes Inc. now owns 2,379,615 shares of the company's stock worth $127,095,000 after buying an additional 1,299,025 shares in the last quarter. American Century Companies Inc. grew its position in shares of Xcel Energy by 130.4% during the 2nd quarter. American Century Companies Inc. now owns 2,084,345 shares of the company's stock worth $111,325,000 after buying an additional 1,179,823 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Xcel Energy by 10.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,854,333 shares of the company's stock worth $99,046,000 after buying an additional 174,653 shares in the last quarter. Institutional investors own 78.38% of the company's stock.

Xcel Energy Stock Performance

Shares of Xcel Energy stock traded up $0.75 on Thursday, reaching $69.40. 989,728 shares of the stock were exchanged, compared to its average volume of 4,207,909. 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 twelve month low of $46.79 and a twelve month high of $69.44. The firm has a market capitalization of $39.85 billion, a price-to-earnings ratio of 20.40, a PEG ratio of 2.80 and a beta of 0.38. The business has a 50 day moving average price of $64.52 and a two-hundred day moving average price of $59.00.

Xcel Energy (NASDAQ:XEL - Get Free Report) last announced its quarterly 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 for the quarter, compared to analysts' expectations of $3.93 billion. Xcel Energy had a net margin of 13.67% and a return on equity of 10.76%. The firm's revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.23 earnings per share. Analysts anticipate that Xcel Energy Inc. will post 3.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

XEL has been the topic of a number of recent research reports. KeyCorp increased their price target on Xcel Energy from $69.00 to $74.00 and gave the stock an "overweight" rating in a research report on Friday, November 1st. Argus upgraded Xcel Energy from a "hold" rating to a "buy" rating and set a $68.00 price objective for the company in a research note on Monday, August 26th. Wells Fargo & Company upped their price objective on Xcel Energy from $63.00 to $66.00 and gave the stock an "equal weight" rating in a research note on Wednesday, October 16th. UBS Group upped their price objective on Xcel Energy from $66.00 to $67.00 and gave the stock a "neutral" rating in a research note on Friday, September 20th. Finally, Jefferies Financial Group upgraded Xcel Energy from a "hold" rating to a "buy" rating and upped their price objective for the stock from $71.00 to $76.00 in a research note on Friday, November 1st. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $66.38.

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.