Xcel Energy Inc. (NASDAQ:XEL) Shares Sold by Greenleaf Trust

Greenleaf Trust decreased its position in shares of Xcel Energy Inc. (NASDAQ:XELGet Rating) by 41.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 12,599 shares of the company’s stock after selling 8,960 shares during the quarter. Greenleaf Trust’s holdings in Xcel Energy were worth $892,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Great Valley Advisor Group Inc. lifted its stake in shares of Xcel Energy by 5.3% during the second quarter. Great Valley Advisor Group Inc. now owns 13,706 shares of the company’s stock valued at $970,000 after buying an additional 695 shares during the period. Trust Co. of Vermont purchased a new position in shares of Xcel Energy during the second quarter valued at approximately $88,000. Prospera Financial Services Inc raised its stake in Xcel Energy by 20.0% during the second quarter. Prospera Financial Services Inc now owns 11,309 shares of the company’s stock worth $800,000 after purchasing an additional 1,888 shares during the period. Calamos Advisors LLC raised its stake in Xcel Energy by 2.7% during the second quarter. Calamos Advisors LLC now owns 230,219 shares of the company’s stock worth $16,290,000 after purchasing an additional 6,094 shares during the period. Finally, Kinneret Advisory LLC raised its stake in Xcel Energy by 2.2% during the second quarter. Kinneret Advisory LLC now owns 30,974 shares of the company’s stock worth $2,207,000 after purchasing an additional 656 shares during the period. Hedge funds and other institutional investors own 77.52% of the company’s stock.

Insiders Place Their Bets

In other Xcel Energy news, SVP Frank P. Prager sold 1,138 shares of the business’s stock in a transaction dated Wednesday, November 16th. The shares were sold at an average price of $68.48, for a total transaction of $77,930.24. Following the sale, the senior vice president now directly owns 28,036 shares in the company, valued at approximately $1,919,905.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.05% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Mizuho cut their target price on shares of Xcel Energy from $72.00 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday, October 19th. Wolfe Research raised shares of Xcel Energy from a “peer perform” rating to an “outperform” rating and set a $69.00 price target for the company in a report on Thursday, October 20th. StockNews.com began coverage on shares of Xcel Energy in a report on Wednesday, October 12th. They set a “hold” rating for the company. UBS Group lifted their price target on shares of Xcel Energy to $68.00 in a report on Monday. Finally, Morgan Stanley lifted their price target on shares of Xcel Energy from $59.00 to $63.00 and gave the company an “equal weight” rating in a report on Friday, November 11th. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $69.64.

Xcel Energy Trading Up 0.5 %

Shares of NASDAQ:XEL opened at $69.20 on Thursday. The company has a market cap of $37.87 billion, a PE ratio of 22.61, a P/E/G ratio of 3.36 and a beta of 0.40. The company’s 50-day moving average price is $63.30 and its 200 day moving average price is $69.16. Xcel Energy Inc. has a fifty-two week low of $56.89 and a fifty-two week high of $77.66. The company has a quick ratio of 0.86, a current ratio of 1.04 and a debt-to-equity ratio of 1.42.

Xcel Energy Profile

(Get Rating)

Xcel Energy Inc, through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources.

Read More

Want to see what other hedge funds are holding XEL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xcel Energy Inc. (NASDAQ:XELGet Rating).

Institutional Ownership by Quarter for Xcel Energy (NASDAQ:XEL)

Receive News & Ratings for Xcel Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xcel Energy and related companies with MarketBeat.com's FREE daily email newsletter.