Xcel Energy Inc. $XEL Shares Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL) by 6.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 295,812 shares of the company’s stock after purchasing an additional 16,953 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Xcel Energy were worth $23,857,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in XEL. ORG Partners LLC lifted its position in Xcel Energy by 168.4% during the third quarter. ORG Partners LLC now owns 314 shares of the company’s stock worth $25,000 after buying an additional 197 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Xcel Energy during the 2nd quarter worth about $25,000. Clearstead Trust LLC lifted its holdings in shares of Xcel Energy by 202.2% during the 2nd quarter. Clearstead Trust LLC now owns 417 shares of the company’s stock worth $28,000 after acquiring an additional 279 shares during the period. Salomon & Ludwin LLC boosted its position in shares of Xcel Energy by 98.8% in the third quarter. Salomon & Ludwin LLC now owns 509 shares of the company’s stock worth $41,000 after acquiring an additional 253 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. purchased a new stake in Xcel Energy in the third quarter valued at approximately $50,000. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on XEL shares. Evercore ISI started coverage on shares of Xcel Energy in a report on Monday, October 6th. They issued an “outperform” rating and a $92.00 price target on the stock. BTIG Research raised Xcel Energy to a “strong-buy” rating in a research report on Wednesday, October 22nd. Bank of America boosted their price target on Xcel Energy from $78.00 to $84.00 and gave the company a “buy” rating in a research report on Thursday, September 25th. JPMorgan Chase & Co. dropped their price target on Xcel Energy from $90.00 to $87.00 and set an “overweight” rating for the company in a research note on Thursday, December 11th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Xcel Energy in a research note on Wednesday. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $87.00.

Xcel Energy Stock Down 0.8%

Shares of NASDAQ XEL opened at $75.86 on Friday. The stock has a fifty day moving average price of $76.28 and a 200 day moving average price of $75.68. The company has a current ratio of 0.79, a quick ratio of 0.69 and a debt-to-equity ratio of 1.51. Xcel Energy Inc. has a 12-month low of $65.21 and a 12-month high of $83.01. The company has a market cap of $44.87 billion, a P/E ratio of 23.13, a P/E/G ratio of 2.09 and a beta of 0.46.

Xcel Energy (NASDAQ:XEL) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $1.24 EPS for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.08). Xcel Energy had a return on equity of 10.45% and a net margin of 13.46%.The company had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.89 billion. During the same quarter in the prior year, the firm earned $1.25 EPS. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. Research analysts anticipate that Xcel Energy Inc. will post 3.82 EPS for the current fiscal year.

Xcel Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Monday, December 29th were given a $0.57 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a $2.28 annualized dividend and a yield of 3.0%. Xcel Energy’s dividend payout ratio (DPR) is 69.51%.

Xcel Energy 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.