Capitolis Liquid Global Markets LLC Invests $25.83 Million in Xcel Energy Inc. $XEL

Capitolis Liquid Global Markets LLC acquired a new position in shares of Xcel Energy Inc. (NASDAQ:XEL) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 349,700 shares of the company’s stock, valued at approximately $25,829,000.

A number of other hedge funds also recently made changes to their positions in the stock. Quadrant Capital Group LLC raised its position in shares of Xcel Energy by 1.7% during the third quarter. Quadrant Capital Group LLC now owns 7,358 shares of the company’s stock worth $593,000 after acquiring an additional 125 shares during the last quarter. TIAA Trust National Association raised its position in shares of Xcel Energy by 1.0% during the third quarter. TIAA Trust National Association now owns 12,683 shares of the company’s stock worth $1,022,000 after acquiring an additional 126 shares during the last quarter. Bleakley Financial Group LLC raised its position in shares of Xcel Energy by 0.5% during the fourth quarter. Bleakley Financial Group LLC now owns 28,949 shares of the company’s stock worth $2,138,000 after acquiring an additional 131 shares during the last quarter. Hills Bank & Trust Co raised its position in shares of Xcel Energy by 2.2% during the fourth quarter. Hills Bank & Trust Co now owns 6,184 shares of the company’s stock worth $457,000 after acquiring an additional 133 shares during the last quarter. Finally, Keel Point LLC raised its position in shares of Xcel Energy by 2.6% during the fourth quarter. Keel Point LLC now owns 5,485 shares of the company’s stock worth $405,000 after acquiring an additional 137 shares during the last quarter. 78.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

XEL has been the subject of a number of analyst reports. Morgan Stanley set a $87.00 price objective on Xcel Energy in a research report on Thursday, May 21st. KeyCorp reiterated an “overweight” rating on shares of Xcel Energy in a report on Monday, June 8th. JPMorgan Chase & Co. lowered their target price on Xcel Energy from $94.00 to $91.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. UBS Group lifted their target price on Xcel Energy from $89.00 to $91.00 and gave the stock a “buy” rating in a report on Monday, April 20th. Finally, Barclays lowered their target price on Xcel Energy from $91.00 to $87.00 and set an “overweight” rating for the company in a report on Tuesday, May 12th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Xcel Energy currently has a consensus rating of “Buy” and a consensus target price of $90.63.

Xcel Energy Price Performance

Shares of XEL opened at $77.46 on Thursday. Xcel Energy Inc. has a 12-month low of $65.21 and a 12-month high of $84.23. The business’s fifty day moving average is $79.62 and its 200 day moving average is $78.38. The company has a quick ratio of 0.68, a current ratio of 0.77 and a debt-to-equity ratio of 1.45. The stock has a market cap of $48.36 billion, a P/E ratio of 22.32, a P/E/G ratio of 2.05 and a beta of 0.39.

Xcel Energy (NASDAQ:XEL) last issued its earnings results on Wednesday, April 29th. The company reported $0.91 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.91. Xcel Energy had a return on equity of 10.37% and a net margin of 14.14%.The company had revenue of $4.02 billion for the quarter, compared to analysts’ expectations of $4.21 billion. During the same period last year, the business earned $0.84 EPS. Xcel Energy’s quarterly revenue was up 2.9% compared to the same quarter last year. Sell-side analysts anticipate that Xcel Energy Inc. will post 4.11 earnings per share for the current fiscal year.

Xcel Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Monday, June 15th will be issued a $0.5925 dividend. This represents a $2.37 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Monday, June 15th. Xcel Energy’s dividend payout ratio (DPR) is currently 68.30%.

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.