Xcel Energy Inc. $XEL Stock: PBU The Pension Fund of Early Childhood & Youth Educators Boosts Holdings

PBU The Pension Fund of Early Childhood & Youth Educators lifted its holdings in Xcel Energy Inc. (NASDAQ:XEL) by 7.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 221,552 shares of the company’s stock after purchasing an additional 14,418 shares during the quarter. PBU The Pension Fund of Early Childhood & Youth Educators’ holdings in Xcel Energy were worth $15,615,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in XEL. James T. Borello RIA increased its stake in Xcel Energy by 59.6% in the 3rd quarter. James T. Borello RIA now owns 367 shares of the company’s stock valued at $26,000 after buying an additional 137 shares during the last quarter. KCM Investment Advisors LLC grew its holdings in shares of Xcel Energy by 1.9% in the 1st quarter. KCM Investment Advisors LLC now owns 7,549 shares of the company’s stock valued at $600,000 after acquiring an additional 140 shares in the last quarter. Cidel Asset Management Inc. increased its position in shares of Xcel Energy by 3.3% in the second quarter. Cidel Asset Management Inc. now owns 4,692 shares of the company’s stock valued at $377,000 after acquiring an additional 149 shares during the last quarter. Birchwood Financial Partners Inc. increased its position in shares of Xcel Energy by 1.7% in the first quarter. Birchwood Financial Partners Inc. now owns 9,252 shares of the company’s stock valued at $735,000 after acquiring an additional 158 shares during the last quarter. Finally, Wealth Group Ltd. raised its holdings in Xcel Energy by 6.1% during the third quarter. Wealth Group Ltd. now owns 2,914 shares of the company’s stock worth $208,000 after acquiring an additional 167 shares in the last quarter. Institutional investors and hedge funds own 78.38% of the company’s stock.

Xcel Energy Trading Up 0.5%

Shares of Xcel Energy stock opened at $81.50 on Friday. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.69 and a quick ratio of 0.61. The business has a fifty day simple moving average of $75.33 and a two-hundred day simple moving average of $78.39. Xcel Energy Inc. has a 1 year low of $68.72 and a 1 year high of $84.23. The company has a market capitalization of $52.31 billion, a price-to-earnings ratio of 18.77, a P/E/G ratio of 2.62 and a beta of 0.34.

Xcel Energy (NASDAQ:XEL) last released its quarterly earnings data on Wednesday, October 28th. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.39 by $0.13. The firm had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.26 billion. Xcel Energy had a net margin of 17.94% and a return on equity of 11.10%. The company’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.24 earnings per share. Research analysts forecast that Xcel Energy Inc. will post 4.14 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on XEL. Jefferies Financial Group restated a “buy” rating and issued a $99.00 price target (down from $101.00) on shares of Xcel Energy in a research note on Tuesday, October 20th. Weiss Ratings raised shares of Xcel Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, November 3rd. Royal Bank Of Canada set a $86.00 target price on shares of Xcel Energy in a report on Tuesday, October 20th. Scotiabank initiated coverage on shares of Xcel Energy in a report on Tuesday, September 29th. They set a “sector outperform” rating and a $77.00 target price on the stock. Finally, BMO Capital Markets decreased their price objective on shares of Xcel Energy from $91.00 to $86.00 and set an “outperform” rating for the company in a research report on Tuesday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $90.71.

Xcel Energy Profile

Xcel Energy Inc. is a regulated electric and natural gas utility headquartered in Minneapolis, Minnesota. Through its operating companies, it generates, purchases, transmits and distributes electricity, and delivers natural gas to residential, commercial and industrial customers. The company serves customers in eight states: Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. Its electric system includes a mix of generation resources, supported by transmission and distribution networks.