Xcel Energy Inc. (NASDAQ:XEL) Shares Sold by Valtinson Bruner Financial Planning LLC

Valtinson Bruner Financial Planning LLC lowered its position in Xcel Energy Inc. (NASDAQ:XELFree Report) by 4.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,795 shares of the company’s stock after selling 1,010 shares during the quarter. Valtinson Bruner Financial Planning LLC’s holdings in Xcel Energy were worth $1,404,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in XEL. Ashton Thomas Securities LLC acquired a new position in Xcel Energy in the third quarter valued at $25,000. Harbour Investments Inc. boosted its holdings in Xcel Energy by 5.4% in the third quarter. Harbour Investments Inc. now owns 19,095 shares of the company’s stock valued at $1,247,000 after acquiring an additional 978 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd acquired a new position in Xcel Energy in the third quarter valued at $239,000. Aptus Capital Advisors LLC boosted its holdings in Xcel Energy by 9.5% in the third quarter. Aptus Capital Advisors LLC now owns 11,649 shares of the company’s stock valued at $761,000 after acquiring an additional 1,008 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its holdings in Xcel Energy by 5.4% in the third quarter. Oppenheimer Asset Management Inc. now owns 20,503 shares of the company’s stock valued at $1,339,000 after acquiring an additional 1,050 shares during the last quarter. Institutional investors and hedge funds own 78.38% of the company’s stock.

Xcel Energy Trading Up 1.6 %

NASDAQ:XEL opened at $69.75 on Friday. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.82 and a current ratio of 0.93. Xcel Energy Inc. has a one year low of $51.37 and a one year high of $73.38. The business’s 50-day simple moving average is $67.75 and its 200 day simple moving average is $66.71. The stock has a market cap of $40.08 billion, a price-to-earnings ratio of 20.28, a price-to-earnings-growth ratio of 2.62 and a beta of 0.37.

Xcel Energy (NASDAQ:XELGet Free Report) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.06). Xcel Energy had a return on equity of 10.65% and a net margin of 14.40%. As a group, sell-side analysts predict that Xcel Energy Inc. will post 3.82 earnings per share for the current fiscal year.

Xcel Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, April 20th. Investors of record on Friday, March 14th will be issued a $0.57 dividend. This is a positive change from Xcel Energy’s previous quarterly dividend of $0.55. This represents a $2.28 annualized dividend and a yield of 3.27%. The ex-dividend date of this dividend is Friday, March 14th. Xcel Energy’s payout ratio is currently 66.28%.

Analyst Upgrades and Downgrades

XEL has been the topic of a number of recent research reports. Barclays reduced their price objective on Xcel Energy from $71.00 to $69.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 22nd. KeyCorp boosted their price objective on Xcel Energy from $74.00 to $79.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 4th. Morgan Stanley reduced their price objective on Xcel Energy from $74.00 to $72.00 and set an “equal weight” rating on the stock in a research note on Friday, November 22nd. JPMorgan Chase & Co. upgraded Xcel Energy from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $69.00 to $80.00 in a research note on Thursday, December 12th. Finally, Wells Fargo & Company boosted their price objective on Xcel Energy from $72.00 to $75.00 and gave the stock an “overweight” rating in a research note on Friday, February 7th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $71.10.

Get Our Latest Stock Report on XEL

Insider Activity at Xcel Energy

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

About Xcel Energy

(Free Report)

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.

Featured Stories

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:XELFree Report).

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.