3,404 Shares in Xcel Energy Inc. (NASDAQ:XEL) Acquired by First National Bank Sioux Falls

First National Bank Sioux Falls bought a new position in Xcel Energy Inc. (NASDAQ:XEL) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,404 shares of the company’s stock, valued at approximately $211,000.

Several other hedge funds also recently modified their holdings of XEL. Kesler Norman & Wride LLC grew its holdings in Xcel Energy by 0.7% in the 4th quarter. Kesler Norman & Wride LLC now owns 26,007 shares of the company’s stock valued at $1,610,000 after buying an additional 169 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Xcel Energy by 0.9% in the fourth quarter. Geneos Wealth Management Inc. now owns 20,580 shares of the company’s stock worth $1,274,000 after acquiring an additional 182 shares during the last quarter. Capital Advisors Ltd. LLC increased its position in Xcel Energy by 29.1% during the third quarter. Capital Advisors Ltd. LLC now owns 812 shares of the company’s stock worth $46,000 after acquiring an additional 183 shares during the period. Loomis Sayles & Co. L P raised its stake in Xcel Energy by 20.1% during the 3rd quarter. Loomis Sayles & Co. L P now owns 1,123 shares of the company’s stock valued at $64,000 after purchasing an additional 188 shares during the last quarter. Finally, Xponance Inc. grew its position in Xcel Energy by 0.3% in the 4th quarter. Xponance Inc. now owns 70,411 shares of the company’s stock worth $4,359,000 after purchasing an additional 198 shares during the last quarter. Institutional investors and hedge funds own 78.38% of the company’s stock.

Xcel Energy Price Performance

Xcel Energy stock traded up $0.31 on Tuesday, reaching $55.27. The company’s stock had a trading volume of 4,425,756 shares, compared to its average volume of 5,399,167. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.59 and a current ratio of 0.72. The company has a market cap of $30.70 billion, a price-to-earnings ratio of 17.12, a PEG ratio of 2.55 and a beta of 0.36. The business’s fifty day moving average price is $54.08 and its 200 day moving average price is $58.15. Xcel Energy Inc. has a twelve month low of $46.79 and a twelve month high of $71.32.

Xcel Energy (NASDAQ:XEL) last released its earnings results on Thursday, January 25th. The company reported $0.83 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.02). Xcel Energy had a net margin of 12.47% and a return on equity of 10.78%. The firm had revenue of $3.44 billion during the quarter, compared to analyst estimates of $4.01 billion. During the same period last year, the business posted $0.69 earnings per share. The firm’s quarterly revenue was down 15.1% on a year-over-year basis. Equities analysts expect that Xcel Energy Inc. will post 3.56 earnings per share for the current fiscal year.

Xcel Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, April 20th. Investors of record on Friday, March 15th were issued a $0.548 dividend. This is a positive change from Xcel Energy’s previous quarterly dividend of $0.52. This represents a $2.19 annualized dividend and a yield of 3.97%. The ex-dividend date of this dividend was Thursday, March 14th. Xcel Energy’s dividend payout ratio is currently 68.22%.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Barclays raised shares of Xcel Energy from an “equal weight” rating to an “overweight” rating and cut their price objective for the company from $61.00 to $54.00 in a research report on Monday, March 11th. Royal Bank of Canada lifted their price objective on Xcel Energy from $67.00 to $68.00 and gave the stock a “sector perform” rating in a report on Tuesday, January 30th. TheStreet lowered Xcel Energy from a “b-” rating to a “c+” rating in a research note on Thursday, March 14th. Wolfe Research raised shares of Xcel Energy from a “peer perform” rating to an “outperform” rating and set a $58.00 price target on the stock in a report on Monday, March 11th. Finally, KeyCorp reduced their price objective on shares of Xcel Energy from $68.00 to $65.00 and set an “overweight” rating for the company in a report on Friday. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $62.83.

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.