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Xcel Energy Inc. (NASDAQ:XEL) Holdings Raised by Captrust Financial Advisors

Xcel Energy logo with Utilities background

Captrust Financial Advisors boosted its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL - Free Report) by 11.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,372 shares of the company's stock after acquiring an additional 9,821 shares during the period. Captrust Financial Advisors' holdings in Xcel Energy were worth $6,489,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of XEL. Ashton Thomas Securities LLC acquired a new position in shares of Xcel Energy in the third quarter worth $25,000. Transcendent Capital Group LLC acquired a new position in shares of Xcel Energy in the 3rd quarter valued at $33,000. TruNorth Capital Management LLC purchased a new position in shares of Xcel Energy in the 2nd quarter valued at $30,000. American National Bank purchased a new position in shares of Xcel Energy during the second quarter worth about $32,000. Finally, Kimelman & Baird LLC purchased a new stake in shares of Xcel Energy in the 2nd quarter valued at about $35,000. Hedge funds and other institutional investors own 78.38% of the company's stock.

Xcel Energy Trading Down 0.3 %

XEL stock traded down $0.20 during midday trading on Tuesday, reaching $71.00. 2,672,526 shares of the company's stock traded hands, compared to its average volume of 4,137,534. The business has a 50-day moving average price of $66.51 and a two-hundred day moving average price of $60.62. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.93 and a quick ratio of 0.82. Xcel Energy Inc. has a fifty-two week low of $46.79 and a fifty-two week high of $73.38. The company has a market capitalization of $40.77 billion, a P/E ratio of 21.07, a PEG ratio of 2.91 and a beta of 0.41.

Xcel Energy (NASDAQ:XEL - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The company reported $1.25 earnings per share for the quarter, missing analysts' consensus estimates 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%. The firm's revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.23 EPS. Equities research analysts forecast that Xcel Energy Inc. will post 3.54 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

XEL has been the subject of several research reports. Barclays upped their price target on shares of Xcel Energy from $67.00 to $71.00 and gave the company an "overweight" rating in a research report on Tuesday, November 26th. Wells Fargo & Company lifted their target price on shares of Xcel Energy from $63.00 to $66.00 and gave the company an "equal weight" rating in a report on Wednesday, October 16th. UBS Group raised their price target on Xcel Energy from $66.00 to $67.00 and gave the company a "neutral" rating in a report on Friday, September 20th. KeyCorp upped their price objective on Xcel Energy from $69.00 to $74.00 and gave the stock an "overweight" rating in a report on Friday, November 1st. Finally, Argus upgraded shares of Xcel Energy from a "hold" rating to a "buy" rating and set a $68.00 target price on the stock in a research report on Monday, August 26th. Seven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Xcel Energy currently has an average rating of "Moderate Buy" and a consensus price target of $66.62.

Get Our Latest Research Report on Xcel Energy

Xcel Energy Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Xcel Energy (NASDAQ:XEL)

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