World Investment Advisors Invests $304,000 in Xcel Energy Inc. (NASDAQ:XEL)

World Investment Advisors acquired a new stake in shares of Xcel Energy Inc. (NASDAQ:XEL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,496 shares of the company's stock, valued at approximately $304,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Dakota Wealth Management grew its position in Xcel Energy by 0.7% during the 4th quarter. Dakota Wealth Management now owns 23,130 shares of the company's stock worth $1,562,000 after acquiring an additional 151 shares during the last quarter. Rothschild Investment LLC grew its holdings in shares of Xcel Energy by 26.0% during the fourth quarter. Rothschild Investment LLC now owns 731 shares of the company's stock worth $49,000 after purchasing an additional 151 shares during the last quarter. GenTrust LLC increased its position in Xcel Energy by 4.5% in the 4th quarter. GenTrust LLC now owns 3,602 shares of the company's stock valued at $243,000 after acquiring an additional 155 shares in the last quarter. Creative Financial Designs Inc. ADV increased its holdings in shares of Xcel Energy by 23.2% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 827 shares of the company's stock valued at $56,000 after purchasing an additional 156 shares in the last quarter. Finally, Integris Wealth Management LLC increased its stake in shares of Xcel Energy by 2.6% in the 4th quarter. Integris Wealth Management LLC now owns 6,323 shares of the company's stock valued at $427,000 after buying an additional 160 shares during the period. 78.38% of the stock is owned by institutional investors.

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Insider Transactions at Xcel Energy

In other Xcel Energy news, Director Devin W. Stockfish acquired 2,170 shares of Xcel Energy stock in a transaction that occurred on Tuesday, March 11th. The shares were acquired at an average cost of $68.93 per share, with a total value of $149,578.10. Following the completion of the purchase, the director now directly owns 3,007 shares of the company's stock, valued at $207,272.51. This represents a 259.26 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.09% of the stock is currently owned by insiders.

Xcel Energy Stock Performance

Xcel Energy stock traded up $0.80 during mid-day trading on Monday, hitting $70.36. 274,205 shares of the company's stock traded hands, compared to its average volume of 3,592,333. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.93 and a quick ratio of 0.82. The firm has a 50 day simple moving average of $69.09 and a two-hundred day simple moving average of $67.66. Xcel Energy Inc. has a fifty-two week low of $51.97 and a fifty-two week high of $73.38. The stock has a market cap of $40.43 billion, a price-to-earnings ratio of 20.45, a P/E/G ratio of 2.62 and a beta of 0.39.

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

Xcel Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, April 20th. Stockholders of record on Friday, March 14th will be given a $0.57 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Xcel Energy's previous quarterly dividend of $0.55. This represents a $2.28 annualized dividend and a dividend yield of 3.24%. Xcel Energy's payout ratio is presently 66.28%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Wells Fargo & Company boosted their price target on shares of Xcel Energy from $72.00 to $75.00 and gave the stock an "overweight" rating in a research note on Friday, February 7th. Barclays lifted their price objective on Xcel Energy from $69.00 to $72.00 and gave the company an "overweight" rating in a report on Monday, March 31st. UBS Group increased their target price on Xcel Energy from $73.00 to $77.00 and gave the stock a "neutral" rating in a report on Tuesday, April 1st. Finally, Morgan Stanley lifted their price objective on shares of Xcel Energy from $75.00 to $78.00 and gave the company an "equal weight" rating in a report on Thursday, March 20th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, Xcel Energy has an average rating of "Moderate Buy" and an average price target of $73.00.

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.