Stifel Financial Corp increased its holdings in Xcel Energy Inc. (NYSE:XEL) by 2.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 82,000 shares of the utilities provider’s stock after buying an additional 1,775 shares during the period. Stifel Financial Corp’s holdings in Xcel Energy were worth $3,886,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its stake in Xcel Energy by 12.6% in the second quarter. JPMorgan Chase & Co. now owns 28,507,015 shares of the utilities provider’s stock worth $1,307,902,000 after buying an additional 3,187,095 shares in the last quarter. Blair William & Co. IL raised its stake in Xcel Energy by 4.9% in the second quarter. Blair William & Co. IL now owns 28,902 shares of the utilities provider’s stock worth $1,326,000 after buying an additional 1,343 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new position in Xcel Energy in the second quarter worth approximately $1,556,000. Prudential Financial Inc. raised its stake in Xcel Energy by 0.9% in the second quarter. Prudential Financial Inc. now owns 712,959 shares of the utilities provider’s stock worth $32,711,000 after buying an additional 6,550 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in Xcel Energy by 0.6% in the second quarter. Franklin Resources Inc. now owns 13,899,928 shares of the utilities provider’s stock worth $637,728,000 after buying an additional 85,566 shares in the last quarter. 73.41% of the stock is owned by institutional investors.

Shares of Xcel Energy Inc. (XEL) traded up $0.39 during mid-day trading on Monday, hitting $50.78. The stock had a trading volume of 4,461,000 shares, compared to its average volume of 2,611,777. The firm has a market capitalization of $25,788.01, a P/E ratio of 21.70, a PEG ratio of 4.03 and a beta of 0.21. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.68 and a current ratio of 0.87. Xcel Energy Inc. has a 1-year low of $40.04 and a 1-year high of $52.22.

Xcel Energy (NYSE:XEL) last issued its quarterly earnings results on Thursday, October 26th. The utilities provider reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.05. Xcel Energy had a return on equity of 10.63% and a net margin of 10.40%. The business had revenue of $3.02 billion for the quarter, compared to the consensus estimate of $3.27 billion. During the same period in the prior year, the firm posted $0.90 earnings per share. The business’s quarterly revenue was down .8% on a year-over-year basis. sell-side analysts forecast that Xcel Energy Inc. will post 2.31 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Saturday, January 20th. Investors of record on Thursday, December 28th will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 2.84%. The ex-dividend date is Wednesday, December 27th. Xcel Energy’s payout ratio is 61.54%.

In related news, EVP Marvin E. Jr. Mcdaniel sold 5,176 shares of the company’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $51.07, for a total value of $264,338.32. Following the transaction, the executive vice president now directly owns 81,371 shares of the company’s stock, valued at approximately $4,155,616.97. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Mark E. Stoering sold 20,187 shares of the company’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $49.66, for a total value of $1,002,486.42. Following the completion of the transaction, the insider now directly owns 48,424 shares in the company, valued at $2,404,735.84. The disclosure for this sale can be found here. Over the last three months, insiders sold 28,363 shares of company stock worth $1,415,265. 0.22% of the stock is owned by insiders.

A number of brokerages recently commented on XEL. Zacks Investment Research downgraded shares of Xcel Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. Morgan Stanley upped their price target on Xcel Energy from $50.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 13th. Mizuho reaffirmed a “hold” rating and set a $46.00 price target on shares of Xcel Energy in a research report on Friday, September 29th. SunTrust Banks reaffirmed a “hold” rating and set a $48.00 price target on shares of Xcel Energy in a research report on Monday, December 4th. Finally, BidaskClub raised Xcel Energy from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 23rd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $49.45.

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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.

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

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