Xcel Energy Inc. (NASDAQ:XEL) Shares Bought by Captrust Financial Advisors

Captrust Financial Advisors boosted its position in shares of Xcel Energy Inc. (NASDAQ:XEL - Free Report) by 7.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 106,356 shares of the company's stock after purchasing an additional 6,984 shares during the quarter. Captrust Financial Advisors' holdings in Xcel Energy were worth $7,181,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Dakota Wealth Management raised its stake in Xcel Energy by 0.7% during the 4th quarter. Dakota Wealth Management now owns 23,130 shares of the company's stock worth $1,562,000 after acquiring an additional 151 shares during the period. Rothschild Investment LLC raised its stake in Xcel Energy by 26.0% during the 4th quarter. Rothschild Investment LLC now owns 731 shares of the company's stock worth $49,000 after acquiring an additional 151 shares during the period. GenTrust LLC raised its position in shares of Xcel Energy by 4.5% during the fourth quarter. GenTrust LLC now owns 3,602 shares of the company's stock valued at $243,000 after buying an additional 155 shares during the last quarter. Creative Financial Designs Inc. ADV raised its position in shares of Xcel Energy by 23.2% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 827 shares of the company's stock valued at $56,000 after buying an additional 156 shares during the last quarter. Finally, Integris Wealth Management LLC raised its position in shares of Xcel Energy by 2.6% during the fourth quarter. Integris Wealth Management LLC now owns 6,323 shares of the company's stock valued at $427,000 after buying an additional 160 shares during the last quarter. 78.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on XEL shares. StockNews.com upgraded shares of Xcel Energy from a "sell" rating to a "hold" rating in a research report on Friday, May 2nd. Evercore ISI lifted their price objective on shares of Xcel Energy from $74.00 to $77.00 and gave the company an "outperform" rating in a research report on Monday, April 28th. Barclays lifted their price objective on shares of Xcel Energy from $72.00 to $73.00 and gave the company an "overweight" rating in a research report on Tuesday, April 22nd. UBS Group lifted their price objective on shares of Xcel Energy from $73.00 to $77.00 and gave the company a "neutral" rating in a research report on Tuesday, April 1st. Finally, BMO Capital Markets boosted their price target on shares of Xcel Energy from $69.00 to $73.00 and gave the stock a "market perform" rating in a research report on Wednesday, April 23rd. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $76.00.

Xcel Energy Trading Down 0.4%

Shares of XEL traded down $0.25 during trading hours on Wednesday, reaching $68.06. 1,677,361 shares of the company traded hands, compared to its average volume of 3,568,587. The firm has a market cap of $39.25 billion, a price-to-earnings ratio of 19.78, a PEG ratio of 2.62 and a beta of 0.38. Xcel Energy Inc. has a 12-month low of $51.97 and a 12-month high of $73.38. The company has a current ratio of 0.93, a quick ratio of 0.82 and a debt-to-equity ratio of 1.42. The stock's fifty day moving average price is $69.61 and its 200 day moving average price is $68.60.

Xcel Energy (NASDAQ:XEL - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $0.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.95 by ($0.11). The company had revenue of $3.91 billion for the quarter, compared to analysts' expectations of $3.93 billion. Xcel Energy had a net margin of 14.40% and a return on equity of 10.65%. The firm's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.88 earnings per share. Sell-side analysts forecast that Xcel Energy Inc. will post 3.82 earnings per share for the current year.

Xcel Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Sunday, April 20th. Stockholders of record on Friday, March 14th were paid a dividend of $0.57 per share. This is a positive change from Xcel Energy's previous quarterly dividend of $0.55. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date was Friday, March 14th. Xcel Energy's payout ratio is currently 67.06%.

Insider Activity

In other news, Director Devin W. Stockfish purchased 2,170 shares of the firm's stock in a transaction on Tuesday, March 11th. The stock was acquired at an average cost of $68.93 per share, with a total value of $149,578.10. Following the completion of the transaction, the director now owns 3,007 shares in the company, valued at $207,272.51. This represents a 259.26% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.09% of the company's stock.

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.