Xcel Energy Inc. (NYSE:XEL) Shares Bought by Bremer Trust National Association

Claudine Rigal
Juillet 18, 2017

(NYSE:XEL) by 0.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. A 3 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE:XEL) or, if they already own its stock, sell it. Reilly Financial Advisors LLC increased its position in shares of Xcel Energy by 5.8% in the first quarter.

Several other hedge funds also recently made changes to their positions in XEL. Greenleaf Trust purchased a new position in Xcel Energy during the first quarter worth about $221,000. Reilly Financial Advisors LLC now owns 2,901 shares of the utilities provider's stock valued at $129,000 after buying an additional 160 shares during the last quarter. Finally, IFM Investors Pty Ltd bought a new stake in Xcel Energy during the fourth quarter valued at $261,000. The firm purchased 251,441 shares of the utilities provider's stock, valued at approximately $11,177,000. Independent Portfolio Consultants Inc. boosted its position in Xcel Energy by 89.9% in the second quarter. Winslow Evans & Crocker Inc. now owns 3,274 shares of the utilities provider's stock valued at $150,000 after buying an additional 266 shares in the last quarter. Creative Planning increased its stake in Xcel Energy by 4.6% in the second quarter. The firm owned 9,438 shares of the utilities provider's stock after selling 965 shares during the period. Tudor Investment Corp Et Al raised its stake in Xcel Energy by 88.2% in the fourth quarter. Sharkey Howes & Javer now owns 2,994 shares of the utilities provider's stock valued at $133,000 after buying an additional 16 shares in the last quarter.

The share price of the company (NYSE:XEL) was up +0.55% during the last trading session, with a high of 46.08 and the volume of Xcel Energy Inc. shares traded was 2366109. Xcel Energy Inc. (NYSE:XEL), at its latest closing price of $45.92, it has a price-to-book ratio of 2.11, compared to an industry average at 1.24. The stock has a 50 day moving average price of $46.98 and a 200-day moving average price of $43.84.

Xcel Energy Inc. (NYSE:XEL), stock is trading $48.50 above the 52-week high and has displayed a high EPS growth of 5.10% in last 5 years.

Xcel Energy Inc. (NYSE:XEL) has a market cap of $23.34 billion and over the last 12 months, XEL has risen by 5.3%.

Xcel Energy (NYSE:XEL) last posted its quarterly earnings results on Thursday, April 27th. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.03. The company had revenue of $2.95 billion during the quarter, compared to analyst estimates of $2.94 billion. Xcel Energy had a return on equity of 10.24% and a net margin of 9.94%. The business's revenue for the quarter was up 6.3% compared to the same quarter a year ago. Equities research analysts anticipate that Xcel Energy will post $2.20 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 20th. Investors of record on Thursday, June 15th will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date of this dividend is Tuesday, June 13th. Xcel Energy's dividend payout ratio is now 65.16%.

TRADEMARK VIOLATION NOTICE: This article was first published by Stock Observer and is owned by of Stock Observer. If you are reading this piece of content on another website, it was stolen and reposted in violation of US & global trademark & copyright legislation. Fulton Breakefield Broenniman Limited Company reported 0.14% in Xcel Energy Inc (NYSE:XEL). Ameriprise Fin reported 0.08% of its portfolio in Xcel Energy Inc (NYSE:XEL). BidaskClub lowered Xcel Energy from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 24th. SunTrust maintained the stock with "Neutral" rating in Monday, October 19 report. Finally, Deutsche Bank AG increased their price objective on Xcel Energy from $44.00 to $45.00 and gave the company a "hold" rating in a research report on Tuesday, April 11th. Argus increased their price objective on Xcel Energy from $50.00 to $53.00 and gave the company a "buy" rating in a research report on Wednesday, June 14th. Robert W. Baird downgraded the stock to "Neutral" rating in Wednesday, March 2 report. The company now has an average rating of "Hold" and a consensus price target of $46.70. Nine analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The company maintains price to book ratio of 1.52 vs.an industry average at 2.29. The Company's activities include the activity of four utility subsidiaries that serve electric and natural gas clients in eight states.

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