November 25, 2016 - By Pete Kolinski · 0 Comments
Xcel Energy Inc (NYSE:XEL) institutional sentiment decreased to 1 in 2016 Q2. Its down -0.31, from 1.31 in 2016Q1. The ratio dropped, as 266 funds increased or opened new positions, while 203 sold and reduced positions in Xcel Energy Inc. The funds in our partner’s database now own: 353.37 million shares, down from 365.36 million shares in 2016Q1. Also, the number of funds holding Xcel Energy Inc in their top 10 positions increased from 4 to 5 for an increase of 1. Sold All: 29 Reduced: 174 Increased: 205 New Position: 61.
Xcel Energy Inc. is a public utility holding company. The company has a market cap of $19.81 billion. The Company’s activities include activity of four utility subsidiaries that serve electric and natural gas customers. It has a 18.22 P/E ratio. The Company’s divisions are regulated electric utility, regulated natural gas utility and all other.
The stock increased 1.93% or $0.75 during the last trading session, hitting $39.52. About 1.28 million shares traded hands. Xcel Energy Inc (NYSE:XEL) has declined 0.72% since April 22, 2016 and is downtrending. It has underperformed by 6.13% the S&P500.
Analysts await Xcel Energy Inc (NYSE:XEL) to report earnings on January, 26. They expect $0.45 EPS, up 9.76% or $0.04 from last year’s $0.41 per share. XEL’s profit will be $225.57 million for 21.96 P/E if the $0.45 EPS becomes a reality. After $0.90 actual EPS reported by Xcel Energy Inc for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.
According to Zacks Investment Research, “Xcel Energy Inc. is predominantly an operating public utility engaged in the generation, transmission and distribution of electricity and the transportation, storage and distribution of natural gas.”
Bruce & Co. Inc. holds 5.51% of its portfolio in Xcel Energy Inc for 481,600 shares. Stewart & Patten Co Llc owns 544,703 shares or 4.79% of their US portfolio. Moreover, Hwg Holdings Lp has 3.51% invested in the company for 84,467 shares. The Texas-based First Dallas Securities Inc. has invested 2.85% in the stock. Travelers Companies Inc., a Minnesota-based fund reported 192,000 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 2 sales for $901,486 net activity.
Ratings analysis reveals 22% of Xcel Energy Inc.’s analysts are positive. Out of 9 Wall Street analysts rating Xcel Energy Inc., 2 give it “Buy”, 1 “Sell” rating, while 6 recommend “Hold”. The lowest target is $1 while the high is $47. The stock’s average target of $35.44 is -10.32% below today’s ($39.52) share price. XEL was included in 20 notes of analysts from July 29, 2015. SunTrust maintained the stock with “Neutral” rating in Monday, March 7 report. The rating was maintained by Barclays Capital with “Overweight” on Friday, March 18. The firm has “Neutral” rating given on Friday, January 29 by Macquarie Research. On Thursday, September 3 the stock rating was downgraded by Zacks to “Sell”. The stock of Xcel Energy Inc (NYSE:XEL) earned “Neutral” rating by UBS on Monday, September 19. On Friday, October 16 the stock rating was downgraded by Jefferies to “Hold”. The firm has “Neutral” rating by SunTrust given on Monday, October 19. The firm has “Hold” rating by Jefferies given on Wednesday, October 21. The firm earned “Overweight” rating on Thursday, June 16 by JP Morgan. The firm earned “Neutral” rating on Wednesday, March 2 by Robert W. Baird.
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.
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By Pete Kolinski