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Pro-Xcel Energy Inc Institutional Investors Sentiment Runs High in Q2 2017

Pro-Xcel Energy Inc Institutional Investors Sentiment Runs High in Q2 2017”

Jefferies Group LLC reissued a "hold" rating and issued a $48.00 target price on shares of Xcel Energy in a report on Friday, June 9th. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. With 1.98M shares average volume, it will take short sellers 6 days to cover their XEL's short positions. Finally, GHP Investment Advisors Inc. raised its position in Xcel Energy by 25.5% during the first quarter. Also, the number of hedge funds holding Xcel Energy Inc in their top 10 positions decreased from 7 to 5 for a decrease of 2. After $0.45 actual EPS reported by Xcel Energy Inc for the previous quarter, Wall Street now forecasts 108.89 % EPS growth. Moreover, National Investment Services Inc Wi has 2.81% invested in the company for 58,295 shares. Buckingham Asset Management grew its stake in stocks of Xcel Energy by 0.5% through out the 2nd period. Sharkey Howes & Javer now owns 2,994 shares of the utilities provider's stock valued at $133,000 after purchasing an additional 16 shares during the period. The correct version of this story can be viewed at https://www.truebluetribune.com/2017/09/22/xcel-energy-inc-xel-holdings-boosted-by-commonwealth-bank-of-australia.html. A 13 analysts rate it as either a buy or a strong buy, while1 believe that investors should either steer clear of DG or, if they already own its stock, sell it. Teachers Insurance & Annuity Association of America increased its holdings in Xcel Energy by 7.8% in the 2nd quarter. Quantitative Investment Management LLC now owns 216,400 shares of the utilities provider's stock worth $9,618,000 after acquiring an additional 101,500 shares during the period. BidaskClub boosted Xcel Energy from a "buy" recommendation to a "strong-buy" recommendation in a analysis report on Wed, Aug 23rd.

TRADEMARK VIOLATION NOTICE: "Xcel Energy Inc". If you are accessing this article on another site, it was stolen and reposted in violation of USA & worldwide copyright & trademark law. Xcel Energy Inc (NYSE:XEL) has risen 13.18% since September 22, 2016 and is uptrending.

Several research analysts have recently commented on XEL shares. Argus lifted their price objective on shares of Xcel Energy from $50.00 to $53.00 and gave the company a "buy" rating in a research note on Wednesday, June 14th. Finally, Morgan Stanley increased their target price on shares of Xcel Energy from $45.00 to $46.00 and gave the stock an "equal weight" rating in a report on Thursday, August 10th. Xcel Energy Inc. had 34 analyst reports since July 29, 2015 according to SRatingsIntel. SunTrust maintained the shares of XEL in report on Monday, October 19 with "Neutral" rating. Xcel Energy presently has an average rating of "Hold" and an average price target of $47.50. Hudock Capital Limited Liability Com stated it has 0.08% of its portfolio in Xcel Energy Inc (NYSE:XEL). (XEL) opened at 48.01 on Friday. Xcel Energy Inc. has a 52-week low of $38.00 and a 52-week high of $50.56. The company has a market capitalization of $24.38 billion, a P/E ratio of 21.20 and a beta of 0.20.

News stories about Xcel Energy (NYSE:XEL) have been trending somewhat positive recently, Accern Sentiment reports. The utilities provider reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.02. The company earned $2.79 billion during the quarter, compared to the consensus estimate of $3.18 billion.

Xcel Energy (XEL) started trading at 48.05 on Early Thur. The business's quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.41 earnings per share. On average, analysts forecast that Xcel Energy Inc. will post $2.20 EPS for the current year. On Friday, October 16 the stock rating was downgraded by Jefferies to "Hold". Stockholders of record on Friday, September 15th will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 2.99%.

In related news, EVP Kent T. Larson sold 10,000 shares of the company's stock in a transaction on Friday, July 28th. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up.

In other news, Director Daniel Yohannes purchased 1,000 shares of the company's stock in a transaction that occurred on Tuesday, September 5th. The stock was purchased at an average cost of $49.53 per share, with a total value of $49,530.00. While the company's share hit the 52 week high on 09/11/17 stationing the value of $50.56. Insiders contain to comply with strict disclosure requirements with regard to the sale or purchase of the shares of their company. As its institutional ownership stands at 79.30%, the ownership flows provide evidence to be a good test of stock returns.

Studying all the different company information can take up a lot of time and energy. The Company's operations include activity of four utility subsidiaries that serve electric and natural gas customers. The regulated electric utility segment generates, transmits and distributes electricity in Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Colorado, Texas and New Mexico.



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