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

Integrity Alliance LLC. boosted its position in Xcel Energy Inc. (NASDAQ:XEL) by 207.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,641 shares of the company’s stock after purchasing an additional 6,508 shares during the quarter. Integrity Alliance LLC.’s holdings in Xcel Energy were worth $712,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in XEL. Vermillion & White Wealth Management Group LLC acquired a new position in Xcel Energy in the 3rd quarter valued at about $27,000. Abound Wealth Management raised its stake in Xcel Energy by 394.5% in the 4th quarter. Abound Wealth Management now owns 361 shares of the company’s stock valued at $27,000 after purchasing an additional 288 shares during the last quarter. Beacon Financial Strategies CORP acquired a new position in Xcel Energy in the 4th quarter valued at about $33,000. Pittenger & Anderson Inc. raised its stake in Xcel Energy by 73.8% in the 4th quarter. Pittenger & Anderson Inc. now owns 471 shares of the company’s stock valued at $35,000 after purchasing an additional 200 shares during the last quarter. Finally, Collier Financial acquired a new position in Xcel Energy in the 3rd quarter valued at about $38,000. Institutional investors and hedge funds own 78.38% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on XEL. Morgan Stanley set a $87.00 target price on shares of Xcel Energy in a research note on Thursday, May 21st. BMO Capital Markets upped their price objective on shares of Xcel Energy from $90.00 to $94.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Barclays dropped their price objective on shares of Xcel Energy from $91.00 to $87.00 and set an “overweight” rating for the company in a research note on Tuesday, May 12th. Argus set a $86.00 price objective on shares of Xcel Energy in a research note on Thursday, March 12th. Finally, Evercore reaffirmed an “outperform” rating and set a $96.00 price objective on shares of Xcel Energy in a research note on Monday, May 4th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Xcel Energy presently has a consensus rating of “Buy” and a consensus target price of $90.63.

Xcel Energy Trading Up 0.3%

NASDAQ XEL opened at $79.50 on Friday. Xcel Energy Inc. has a 12 month low of $65.21 and a 12 month high of $84.23. The company has a 50-day moving average of $79.82 and a 200-day moving average of $78.61. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.77 and a quick ratio of 0.68. The company has a market cap of $49.63 billion, a P/E ratio of 22.91, a P/E/G ratio of 2.06 and a beta of 0.41.

Xcel Energy (NASDAQ:XEL) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.91 EPS for the quarter, meeting analysts’ consensus estimates of $0.91. Xcel Energy had a net margin of 14.14% and a return on equity of 10.37%. The company had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $4.21 billion. During the same quarter in the prior year, the company posted $0.84 EPS. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. As a group, equities analysts predict that Xcel Energy Inc. will post 4.11 earnings per share for the current year.

Xcel Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Monday, June 15th will be given a dividend of $0.5925 per share. This represents a $2.37 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend 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.