Xcel Energy Inc. $XEL Shares Purchased by Integrity Alliance LLC.

Integrity Alliance LLC. increased its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL) by 207.7% in the fourth quarter, Holdings Channel reports. The firm owned 9,641 shares of the company’s stock after acquiring an additional 6,508 shares during the period. Integrity Alliance LLC.’s holdings in Xcel Energy were worth $712,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Quadrant Capital Group LLC increased its position in Xcel Energy by 1.7% during the 3rd quarter. Quadrant Capital Group LLC now owns 7,358 shares of the company’s stock worth $593,000 after purchasing an additional 125 shares in the last quarter. TIAA Trust National Association increased its position in Xcel Energy by 1.0% during the 3rd quarter. TIAA Trust National Association now owns 12,683 shares of the company’s stock worth $1,022,000 after purchasing an additional 126 shares in the last quarter. Bleakley Financial Group LLC boosted its holdings in Xcel Energy by 0.5% in the 4th quarter. Bleakley Financial Group LLC now owns 28,949 shares of the company’s stock worth $2,138,000 after acquiring an additional 131 shares during the period. Hills Bank & Trust Co boosted its holdings in Xcel Energy by 2.2% in the 4th quarter. Hills Bank & Trust Co now owns 6,184 shares of the company’s stock worth $457,000 after acquiring an additional 133 shares during the period. Finally, Intrust Bank NA boosted its holdings in Xcel Energy by 1.3% in the 3rd quarter. Intrust Bank NA now owns 11,360 shares of the company’s stock worth $916,000 after acquiring an additional 142 shares during the period. Institutional investors and hedge funds own 78.38% of the company’s stock.

Wall Street Analysts Forecast Growth

XEL has been the subject of a number of analyst reports. Barclays decreased their price target on Xcel Energy from $91.00 to $87.00 and set an “overweight” rating for the company in a report on Tuesday, May 12th. Argus set a $86.00 price target on Xcel Energy in a report on Thursday, March 12th. Morgan Stanley set a $87.00 price target on Xcel Energy in a report on Thursday, May 21st. BTIG Research set a $94.00 price target on Xcel Energy in a report on Friday, January 30th. Finally, Wall Street Zen cut Xcel Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Xcel Energy presently has an average rating of “Buy” and an average price target of $90.63.

Xcel Energy Stock Performance

Xcel Energy stock opened at $79.50 on Friday. The stock has a market cap of $49.63 billion, a P/E ratio of 22.91, a price-to-earnings-growth ratio of 2.06 and a beta of 0.41. The company has a current ratio of 0.77, a quick ratio of 0.68 and a debt-to-equity ratio of 1.45. The stock has a 50 day moving average of $79.82 and a 200-day moving average of $78.61. Xcel Energy Inc. has a 52 week low of $65.21 and a 52 week high of $84.23.

Xcel Energy (NASDAQ:XEL) last released its earnings results on Wednesday, April 29th. The company reported $0.91 EPS for the quarter, meeting the consensus estimate of $0.91. The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $4.21 billion. Xcel Energy had a return on equity of 10.37% and a net margin of 14.14%.The business’s revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.84 EPS. On average, analysts expect that Xcel Energy Inc. will post 4.11 EPS for the current fiscal year.

Xcel Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.5925 per share. This represents a $2.37 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Monday, June 15th. Xcel Energy’s dividend payout ratio is 68.30%.

Xcel Energy Company Profile

Xcel Energy (NASDAQ: XEL) is a Minneapolis-based, publicly traded utility holding company that develops, owns and operates regulated electricity and natural gas delivery systems. The company’s core activities include generation, transmission and distribution of electricity, the delivery of natural gas to customers, and related customer service operations. Xcel provides a mix of utility services to residential, commercial and industrial customers and participates in wholesale energy markets where appropriate.

Its generation portfolio combines nuclear, natural gas, coal and a growing share of renewable resources such as wind and solar.