Robeco Institutional Asset Management B.V. Has $539,000 Stock Holdings in Xcel Energy Inc. (NASDAQ:XEL)

Robeco Institutional Asset Management B.V. lessened its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL - Free Report) by 80.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,985 shares of the company's stock after selling 33,024 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Xcel Energy were worth $539,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Ashton Thomas Securities LLC acquired a new stake in Xcel Energy in the third quarter valued at approximately $25,000. Transcendent Capital Group LLC acquired a new stake in Xcel Energy in the third quarter valued at approximately $33,000. MCF Advisors LLC grew its position in Xcel Energy by 566.3% in the fourth quarter. MCF Advisors LLC now owns 593 shares of the company's stock valued at $40,000 after acquiring an additional 504 shares in the last quarter. West Financial Advisors LLC acquired a new stake in Xcel Energy in the third quarter valued at approximately $43,000. Finally, First Financial Corp IN acquired a new stake in Xcel Energy in the fourth quarter valued at approximately $46,000. Institutional investors and hedge funds own 78.38% of the company's stock.

Xcel Energy Stock Down 0.8 %

Shares of NASDAQ XEL traded down $0.52 during mid-day trading on Friday, reaching $66.60. 3,797,802 shares of the company's stock were exchanged, compared to its average volume of 3,566,094. The firm has a market capitalization of $38.24 billion, a price-to-earnings ratio of 19.36, a PEG ratio of 2.54 and a beta of 0.43. The company has a current ratio of 0.93, a quick ratio of 0.82 and a debt-to-equity ratio of 1.42. The business has a fifty day simple moving average of $67.35 and a 200 day simple moving average of $64.89. Xcel Energy Inc. has a twelve month low of $46.79 and a twelve month high of $73.38.

Xcel Energy (NASDAQ:XEL - Get Free Report) last announced its earnings results on Thursday, February 6th. The company reported $0.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.87 by ($0.06). Xcel Energy had a net margin of 14.40% and a return on equity of 10.65%. As a group, equities analysts expect that Xcel Energy Inc. will post 3.82 EPS for the current fiscal year.

Xcel Energy Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Monday, January 6th were paid a $0.5475 dividend. The ex-dividend date was Monday, January 6th. This represents a $2.19 dividend on an annualized basis and a yield of 3.29%. Xcel Energy's dividend payout ratio is 63.66%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on XEL. KeyCorp increased their target price on Xcel Energy from $74.00 to $79.00 and gave the company an "overweight" rating in a research note on Wednesday, December 4th. JPMorgan Chase & Co. upgraded Xcel Energy from a "neutral" rating to an "overweight" rating and raised their target price for the company from $69.00 to $80.00 in a research note on Thursday, December 12th. Wells Fargo & Company raised their price target on Xcel Energy from $72.00 to $75.00 and gave the company an "overweight" rating in a report on Friday. Barclays lowered their target price on Xcel Energy from $71.00 to $69.00 and set an "overweight" rating on the stock in a report on Wednesday, January 22nd. Finally, Morgan Stanley lowered their target price on Xcel Energy from $74.00 to $72.00 and set an "equal weight" rating on the stock in a report on Friday, November 22nd. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $69.91.

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.