Xcel Energy Inc. (NASDAQ:XEL) Shares Purchased by Savant Capital LLC

Savant Capital LLC raised its holdings in Xcel Energy Inc. (NASDAQ:XEL) by 0.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,047 shares of the company’s stock after buying an additional 199 shares during the quarter. Savant Capital LLC’s holdings in Xcel Energy were worth $2,096,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of XEL. Ashton Thomas Securities LLC purchased a new position in shares of Xcel Energy in the 3rd quarter worth about $25,000. Transcendent Capital Group LLC purchased a new position in shares of Xcel Energy in the 3rd quarter valued at $33,000. Crews Bank & Trust acquired a new position in shares of Xcel Energy during the 4th quarter valued at $34,000. MCF Advisors LLC boosted its position in Xcel Energy by 566.3% during the 4th quarter. MCF Advisors LLC now owns 593 shares of the company’s stock worth $40,000 after purchasing an additional 504 shares during the period. Finally, First Financial Corp IN acquired a new stake in Xcel Energy in the 4th quarter valued at $46,000. Institutional investors and hedge funds own 78.38% of the company’s stock.

Xcel Energy Stock Performance

Shares of XEL stock opened at $67.40 on Thursday. The company has a market cap of $38.70 billion, a P/E ratio of 19.59, a PEG ratio of 2.54 and a beta of 0.43. Xcel Energy Inc. has a 52 week low of $46.79 and a 52 week high of $73.38. The company has a quick ratio of 0.82, a current ratio of 0.93 and a debt-to-equity ratio of 1.42. The business has a 50 day moving average of $67.19 and a two-hundred day moving average of $65.15.

Xcel Energy (NASDAQ:XEL) last issued its earnings results on Thursday, February 6th. The company reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.06). Xcel Energy had a return on equity of 10.65% and a net margin of 14.40%. As a group, analysts anticipate that Xcel Energy Inc. will post 3.82 EPS for the current year.

Xcel Energy Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Monday, January 6th were given a dividend of $0.5475 per share. The ex-dividend date of this dividend was Monday, January 6th. This represents a $2.19 dividend on an annualized basis and a yield of 3.25%. Xcel Energy’s dividend payout ratio (DPR) is presently 63.66%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Morgan Stanley reduced their price target on Xcel Energy from $74.00 to $72.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Jefferies Financial Group raised shares of Xcel Energy from a “hold” rating to a “buy” rating and upped their price objective for the company from $71.00 to $76.00 in a research report on Friday, November 1st. JPMorgan Chase & Co. raised Xcel Energy from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $69.00 to $80.00 in a research report on Thursday, December 12th. KeyCorp increased their price target on Xcel Energy from $74.00 to $79.00 and gave the company an “overweight” rating in a report on Wednesday, December 4th. Finally, Wells Fargo & Company lifted their price target on shares of Xcel Energy from $72.00 to $75.00 and gave the stock an “overweight” rating in a research note on Friday, February 7th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $69.91.

Xcel Energy Profile

Xcel Energy Inc, through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through wind, nuclear, hydroelectric, biomass, and solar energy sources, as well as coal, natural gas, oil, wood, and refuse-derived fuels.