Personal CFO Solutions LLC Purchases 163 Shares of Xcel Energy Inc. (NASDAQ:XEL)

Personal CFO Solutions LLC lifted its stake in shares of Xcel Energy Inc. (NASDAQ:XEL) by 2.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,934 shares of the company’s stock after acquiring an additional 163 shares during the period. Personal CFO Solutions LLC’s holdings in Xcel Energy were worth $401,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Ashton Thomas Securities LLC bought a new stake in shares of Xcel Energy in the 3rd quarter worth $25,000. Sierra Ocean LLC bought a new position in Xcel Energy during the fourth quarter worth about $26,000. Transcendent Capital Group LLC bought a new position in Xcel Energy during the third quarter worth about $33,000. Crews Bank & Trust bought a new position in Xcel Energy during the fourth quarter worth about $34,000. Finally, MCF Advisors LLC lifted its holdings in shares of Xcel Energy by 566.3% in the fourth quarter. MCF Advisors LLC now owns 593 shares of the company’s stock worth $40,000 after buying an additional 504 shares in the last quarter. Institutional investors and hedge funds own 78.38% of the company’s stock.

Xcel Energy Stock Up 0.5 %

NASDAQ:XEL opened at $68.00 on Monday. The firm has a market capitalization of $39.07 billion, a P/E ratio of 19.77, a PEG ratio of 2.62 and a beta of 0.37. Xcel Energy Inc. has a 1-year low of $49.89 and a 1-year high of $73.38. The company’s fifty day moving average price is $67.57 and its 200-day moving average price is $66.50. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.93 and a quick ratio of 0.82.

Xcel Energy (NASDAQ:XEL) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.06). Xcel Energy had a net margin of 14.40% and a return on equity of 10.65%. As a group, equities research analysts anticipate that Xcel Energy Inc. will post 3.82 EPS for the current year.

Xcel Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, April 20th. Shareholders of record on Friday, March 14th will be given a dividend of $0.57 per share. The ex-dividend date of this dividend is Friday, March 14th. This is a boost 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%. Xcel Energy’s dividend payout ratio (DPR) is currently 66.28%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on XEL. Wells Fargo & Company increased their price target on shares of Xcel Energy from $72.00 to $75.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. KeyCorp lifted their price target on shares of 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 cut their target price on shares of Xcel Energy from $74.00 to $72.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. Barclays cut their price target on shares of Xcel Energy from $71.00 to $69.00 and set an “overweight” rating on the stock in a report on Wednesday, January 22nd. Finally, JPMorgan Chase & Co. upgraded shares of Xcel Energy from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $69.00 to $80.00 in a report on Thursday, December 12th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $69.91.

About Xcel Energy

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.