Xcel Energy Inc. (NASDAQ:XEL) Shares Bought by Pacer Advisors Inc.

Pacer Advisors Inc. increased its stake in Xcel Energy Inc. (NASDAQ:XEL - Free Report) by 11.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 76,390 shares of the company's stock after acquiring an additional 7,873 shares during the period. Pacer Advisors Inc.'s holdings in Xcel Energy were worth $5,158,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Dakota Wealth Management raised 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 valued at $1,562,000 after purchasing an additional 151 shares during the last quarter. Integris Wealth Management LLC raised its holdings in shares of Xcel Energy by 2.7% during the third quarter. Integris Wealth Management LLC now owns 6,163 shares of the company's stock valued at $402,000 after acquiring an additional 163 shares in the last quarter. Bond & Devick Financial Network Inc. lifted its stake in Xcel Energy by 1.1% in the third quarter. Bond & Devick Financial Network Inc. now owns 15,972 shares of the company's stock worth $1,043,000 after acquiring an additional 168 shares during the period. LRI Investments LLC boosted its holdings in Xcel Energy by 5.9% in the third quarter. LRI Investments LLC now owns 3,037 shares of the company's stock valued at $209,000 after acquiring an additional 170 shares in the last quarter. Finally, Brooklyn Investment Group increased its position in Xcel Energy by 10.2% during the 4th quarter. Brooklyn Investment Group now owns 1,920 shares of the company's stock valued at $130,000 after purchasing an additional 178 shares during the period. 78.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on XEL. Jefferies Financial Group raised Xcel Energy from a "hold" rating to a "buy" rating and upped their price target for the stock from $71.00 to $76.00 in a research note on Friday, November 1st. Wells Fargo & Company raised shares of Xcel Energy from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $70.00 to $72.00 in a research report on Monday, January 13th. KeyCorp boosted their price objective on shares of Xcel Energy from $74.00 to $79.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 4th. JPMorgan Chase & Co. raised shares of 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. Finally, Barclays dropped their price target on Xcel Energy from $71.00 to $69.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 22nd. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $69.64.

Xcel Energy Trading Up 0.8 %

Shares of Xcel Energy stock traded up $0.55 during trading on Monday, hitting $67.75. The stock had a trading volume of 2,915,673 shares, compared to its average volume of 3,638,814. Xcel Energy Inc. has a 12 month low of $46.79 and a 12 month high of $73.38. 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's fifty day simple moving average is $67.85 and its 200-day simple moving average is $64.61. The stock has a market cap of $38.90 billion, a PE ratio of 20.10, a PEG ratio of 2.54 and a beta of 0.43.

Xcel Energy (NASDAQ:XEL - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The company reported $1.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.26 by ($0.01). Xcel Energy had a net margin of 13.67% and a return on equity of 10.76%. The business had revenue of $3.64 billion for the quarter, compared to analysts' expectations of $3.93 billion. During the same quarter in the previous year, the firm earned $1.23 EPS. Xcel Energy's revenue was down .5% compared to the same quarter last year. As a group, sell-side analysts expect that Xcel Energy Inc. will post 3.54 EPS for the current fiscal year.

Xcel Energy Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 29th. Investors 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 annualized dividend and a yield of 3.23%. Xcel Energy's dividend payout ratio (DPR) is currently 64.99%.

Xcel Energy Company Profile

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.