Traders sold shares of Xcel Energy Inc. (NYSE:XEL) on strength during trading hours on Thursday after an insider sold shares in the company. $26.67 million flowed into the stock on the tick-up and $50.37 million flowed out of the stock on the tick-down, for a money net flow of $23.70 million out of the stock. Of all stocks tracked, Xcel Energy had the 0th highest net out-flow for the day. Xcel Energy traded up $0.03 for the day and closed at $49.26Specifically, Director Timothy V. Wolf sold 3,000 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $49.48, for a total value of $148,440.00. Following the completion of the sale, the director now directly owns 3,700 shares in the company, valued at $183,076. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Daniel Yohannes bought 1,000 shares of the firm’s stock in a transaction dated Tuesday, September 5th. The shares were acquired at an average price of $49.53 per share, with a total value of $49,530.00. Following the completion of the transaction, the director now owns 1,000 shares of the company’s stock, valued at approximately $49,530. The disclosure for this purchase can be found here. 0.22% of the stock is owned by company insiders.

Several research firms have recently weighed in on XEL. SunTrust Banks, Inc. reiterated a “hold” rating and set a $47.00 target price on shares of Xcel Energy in a research report on Tuesday, October 24th. Mizuho reiterated a “hold” rating and set a $46.00 target price on shares of Xcel Energy in a research report on Friday, September 29th. Bank of America Corporation began coverage on Xcel Energy in a research report on Tuesday, October 24th. They set a “buy” rating and a $53.00 target price for the company. BMO Capital Markets lifted their target price on Xcel Energy from $46.00 to $47.00 and gave the stock a “market perform” rating in a research report on Friday, July 28th. Finally, BidaskClub upgraded Xcel Energy from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 23rd. Nine equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $48.91.

Xcel Energy (NYSE:XEL) last posted its earnings results on Thursday, October 26th. The utilities provider reported $0.97 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.92 by $0.05. Xcel Energy had a return on equity of 10.63% and a net margin of 10.40%. The firm had revenue of $3.02 billion for the quarter, compared to analyst estimates of $3.27 billion. During the same quarter in the prior year, the company earned $0.90 EPS. Xcel Energy’s revenue was down .8% on a year-over-year basis.

The business also recently declared a quarterly dividend, which was paid on Friday, October 20th. Shareholders of record on Friday, September 15th were given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of Infinity. The ex-dividend date of this dividend was Thursday, September 14th. Xcel Energy’s dividend payout ratio is currently 61.54%.

A number of hedge funds have recently bought and sold shares of the business. Sharkey Howes & Javer raised its position in Xcel Energy by 0.5% in the 2nd quarter. Sharkey Howes & Javer now owns 3,010 shares of the utilities provider’s stock valued at $138,000 after purchasing an additional 16 shares in the last quarter. 1st Global Advisors Inc. raised its position in Xcel Energy by 0.4% in the 2nd quarter. 1st Global Advisors Inc. now owns 4,798 shares of the utilities provider’s stock valued at $220,000 after purchasing an additional 17 shares in the last quarter. Buckingham Asset Management LLC raised its position in Xcel Energy by 0.5% in the 2nd quarter. Buckingham Asset Management LLC now owns 5,662 shares of the utilities provider’s stock valued at $260,000 after purchasing an additional 28 shares in the last quarter. Eqis Capital Management Inc. raised its position in Xcel Energy by 0.5% in the 2nd quarter. Eqis Capital Management Inc. now owns 5,325 shares of the utilities provider’s stock valued at $244,000 after purchasing an additional 29 shares in the last quarter. Finally, Parallel Advisors LLC raised its position in Xcel Energy by 1.6% in the 2nd quarter. Parallel Advisors LLC now owns 2,227 shares of the utilities provider’s stock valued at $105,000 after purchasing an additional 36 shares in the last quarter. 72.57% of the stock is currently owned by institutional investors.

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Xcel Energy Company Profile

Xcel Energy Inc is a public utility holding company. The Company’s operations include the activity of four utility subsidiaries that serve electric and natural gas customers in eight states. The Company’s segments include regulated electric utility, regulated natural gas utility and all other. The Company’s utility subsidiaries include NSP-Minnesota, NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co (SPS), which serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.

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