Pathstone Holdings LLC Has $4.94 Million Stock Holdings in Xcel Energy Inc. (NASDAQ:XEL)

Pathstone Holdings LLC increased its position in shares of Xcel Energy Inc. (NASDAQ:XEL) by 9.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 75,673 shares of the company’s stock after buying an additional 6,620 shares during the quarter. Pathstone Holdings LLC’s holdings in Xcel Energy were worth $4,944,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD grew its holdings in shares of Xcel Energy by 770.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 7,552,625 shares of the company’s stock valued at $405,955,000 after buying an additional 6,684,499 shares during the last quarter. Federated Hermes Inc. increased its holdings in Xcel Energy by 120.2% during the 2nd quarter. Federated Hermes Inc. now owns 2,379,615 shares of the company’s stock worth $127,095,000 after purchasing an additional 1,299,025 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Xcel Energy by 130.4% in the second quarter. American Century Companies Inc. now owns 2,084,345 shares of the company’s stock worth $111,325,000 after purchasing an additional 1,179,823 shares during the last quarter. Zimmer Partners LP lifted its holdings in shares of Xcel Energy by 1,765.0% in the first quarter. Zimmer Partners LP now owns 932,505 shares of the company’s stock valued at $50,122,000 after purchasing an additional 882,505 shares in the last quarter. Finally, Los Angeles Capital Management LLC boosted its position in shares of Xcel Energy by 725.1% during the second quarter. Los Angeles Capital Management LLC now owns 907,030 shares of the company’s stock valued at $48,444,000 after buying an additional 797,096 shares during the last quarter. Institutional investors own 78.38% of the company’s stock.

Xcel Energy Trading Down 0.0 %

Shares of Xcel Energy stock opened at $71.35 on Friday. The stock has a market capitalization of $40.97 billion, a P/E ratio of 21.17, a P/E/G ratio of 2.84 and a beta of 0.38. Xcel Energy Inc. has a 52-week low of $46.79 and a 52-week high of $71.79. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.82 and a current ratio of 0.93. The stock’s 50-day simple moving average is $65.42 and its 200 day simple moving average is $59.75.

Xcel Energy (NASDAQ:XEL) last released its quarterly earnings data on Thursday, October 31st. The company reported $1.25 EPS for the quarter, missing the consensus estimate of $1.26 by ($0.01). Xcel Energy had a return on equity of 10.76% and a net margin of 13.67%. The business had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.93 billion. During the same period last year, the business posted $1.23 earnings per share. The firm’s quarterly revenue was down .5% on a year-over-year basis. As a group, research analysts anticipate that Xcel Energy Inc. will post 3.55 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Argus raised Xcel Energy from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a research report on Monday, August 26th. KeyCorp boosted their price target on shares of Xcel Energy from $69.00 to $74.00 and gave the stock an “overweight” rating in a report on Friday, November 1st. Morgan Stanley reduced their price objective on shares of Xcel Energy from $74.00 to $72.00 and set an “equal weight” rating for the company in a research report on Friday. Barclays lifted their target price on shares of Xcel Energy from $57.00 to $67.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Finally, Wells Fargo & Company increased their price target on Xcel Energy from $63.00 to $66.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 16th. Seven analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $66.31.

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.