Noteworthy Short Interest Filing: What’s Xcel Energy Incorporated (NYSE:XEL) Upside After This Short Interest Increase?

November 21, 2016 - By Marguerite Chambers   ·   0 Comments

Noteworthy Short Interest Filing: What's Xcel Energy Incorporated (NYSE:XEL) Upside After This Short Interest Increase?

The stock of Xcel Energy Incorporated (NYSE:XEL) registered an increase of 0.25% in short interest. XEL’s total short interest was 8.56 million shares in November as published by FINRA. Its up 0.25% from 8.54 million shares, reported previously. With 3.11M shares average volume, it will take short sellers 3 days to cover their XEL’s short positions. The short interest to Xcel Energy Incorporated’s float is 1.69%. About 1.47M shares traded hands. Xcel Energy Inc (NYSE:XEL) has declined 5.56% since April 19, 2016 and is downtrending. It has underperformed by 9.42% the S&P500.

Xcel Energy Inc. is a public utility holding company. The company has a market cap of $19.98 billion. The Company’s activities include activity of four utility subsidiaries that serve electric and natural gas customers. It has a 18.12 P/E ratio. The Company’s divisions are regulated electric utility, regulated natural gas utility and all other.

Insitutional Activity: The institutional sentiment decreased to 1 in Q2 2016. Its down 0.31, from 1.31 in 2016Q1. The ratio turned negative, as 29 funds sold all Xcel Energy Inc shares owned while 174 reduced positions. 61 funds bought stakes while 205 increased positions. They now own 353.37 million shares or 3.28% less from 365.36 million shares in 2016Q1.
Wealthtrust Axiom Limited Company accumulated 0.5% or 29,301 shares. Swiss Bank & Trust holds 0.18% or 2.44 million shares in its portfolio. Thompson Siegel Walmsley Ltd Limited Liability Company holds 0.82% of its portfolio in Xcel Energy Inc (NYSE:XEL) for 1.15 million shares. Dean Investment Associate Ltd Llc accumulated 0.13% or 14,985 shares. Vanguard Gru, a Pennsylvania-based fund reported 32.79 million shares. Advantus Capital Management last reported 0.06% of its portfolio in the stock. Apg Asset Mgmt Nv has 2.06 million shares for 0.17% of their US portfolio. The South Dakota-based First Commercial Bank Sioux Falls has invested 0.66% in Xcel Energy Inc (NYSE:XEL). Alexandria Limited Liability Co accumulated 120 shares or 0% of the stock. Pub Employees Retirement Association Of Colorado holds 0.04% or 106,870 shares in its portfolio. Moors And Cabot has 12,564 shares for 0.1% of their US portfolio. Ironwood Fincl Ltd accumulated 0.13% or 3,860 shares. Moreover, Deutsche Natl Bank Ag has 0.03% invested in Xcel Energy Inc (NYSE:XEL) for 935,935 shares. Moreover, Alley Lc has 1.45% invested in Xcel Energy Inc (NYSE:XEL) for 71,262 shares. Plante Moran Fincl Limited Company has 0.02% invested in the company for 481 shares.

Insider Transactions: Since August 26, 2016, the stock had 0 buys, and 2 selling transactions for $901,486 net activity. Shares for $405,694 were sold by Eves David L on Thursday, November 3. McDaniel Marvin E. Jr. had sold 11,900 shares worth $495,792.

Xcel Energy Inc (NYSE:XEL) Ratings Coverage

Out of 9 analysts covering Xcel Energy Inc. (NYSE:XEL), 2 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 22% are positive. Xcel Energy Inc. has been the topic of 20 analyst reports since July 29, 2015 according to StockzIntelligence Inc. SunTrust maintained the stock with “Neutral” rating in Monday, September 26 report. Barclays Capital maintained the shares of XEL in a report on Friday, March 18 with “Overweight” rating. The rating was downgraded by Robert W. Baird to “Neutral” on Wednesday, March 2. As per Monday, September 19, the company rating was upgraded by UBS. SunTrust maintained Xcel Energy Inc (NYSE:XEL) on Monday, October 19 with “Neutral” rating. The stock of Xcel Energy Inc (NYSE:XEL) earned “Hold” rating by Jefferies on Wednesday, October 21. The firm has “Sell” rating by Zacks given on Thursday, September 3. JP Morgan upgraded Xcel Energy Inc (NYSE:XEL) rating on Thursday, June 16. JP Morgan has “Overweight” rating and $47 price target. On Friday, October 16 the stock rating was downgraded by Jefferies to “Hold”. SunTrust maintained the shares of XEL in a report on Monday, March 7 with “Neutral” rating.

XEL Company Profile

Xcel Energy Inc., incorporated on June 17, 1909, is a public utility holding company. The Company’s activities include the activity of four utility subsidiaries that serve electric and natural gas clients in over eight states. The Company’s divisions include regulated electric utility, regulated natural gas utility and all other. The Company’s utility subsidiaries include NSP-Minnesota, NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co. (SPS), which serve clients in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. Along with WYCO Development LLC (WYCO), a joint venture formed with Colorado Interstate Gas Company, LLC (CIG) to develop and lease natural gas pipelines storage and compression facilities, and WestGas InterState, Inc. (WGI), an interstate natural gas pipeline company, these companies comprise the regulated utility operations.

Another recent and important Xcel Energy Inc (NYSE:XEL) news was published by Finance.Yahoo.com which published an article titled: “Xcel Energy Announces Redemption of Outstanding 5.613% Senior Notes, Series B …” on November 10, 2016.

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By Marguerite Chambers


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