Xcel Energy Inc (XEL) : Transamerica Financial Advisors scooped up 3,798 additional shares in Xcel Energy Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 43,649 shares of Xcel Energy Inc which is valued at $1,704,493.Xcel Energy Inc makes up approximately 0.14% of Transamerica Financial Advisors’s portfolio.
Xcel Energy Inc opened for trading at $39.31 and hit $39.98 on the upside on Wednesday, eventually ending the session at $39.71, with a gain of 1.33% or 0.52 points. The heightened volatility saw the trading volume jump to 44,32,137 shares. Company has a market cap of $20,155 M.
Other Hedge Funds, Including , Mizuho Securities Usa sold out all of its stake in XEL during the most recent quarter. The investment firm sold 151,000 shares of XEL which is valued $5,896,550.Wealth Enhancement Advisory Services reduced its stake in XEL by selling 18,781 shares or 31.2% in the most recent quarter. The Hedge Fund company now holds 41,415 shares of XEL which is valued at $1,617,256. Xcel Energy Inc makes up approx 0.32% of Wealth Enhancement Advisory Services’s portfolio. Bkd Wealth Advisors added XEL to its portfolio by purchasing 4,831 company shares during the most recent quarter which is valued at $197,250. Xcel Energy Inc makes up approx 0.03% of Bkd Wealth Advisors’s portfolio.
On the company’s financial health, Xcel Energy Inc reported $0.41 EPS for the quarter, based on the information available during the earnings call on Jan 28, 2016. Analyst had a consensus estimate of $0.41. The company had revenue of $2645.80 million for the quarter, compared to analysts expectations of $3645.26 million. The company’s revenue was down -9.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.39 EPS.
Many Wall Street Analysts have commented on Xcel Energy Inc. Xcel Energy Inc was Downgraded by Macquarie to ” Neutral” on Jan 29, 2016.
Xcel Energy Inc. is a public utility holding company. The Company’s operations include the activity of four wholly owned utility subsidiaries that serve electric and natural gas customers in eight states. These utility subsidiaries are NSP-Minnesota NSP-Wisconsin Public Service Company of Colorado (PSCo) and Southwestern Public Service Co. (SPS) and serve customers in portions of Colorado Michigan Minnesota New Mexico North Dakota South Dakota Texas and Wisconsin. Its segments include regulated electric utility regulated natural gas utility and all other. The regulated electric utility segment generates transmits and distributes electricity in Minnesota Wisconsin Michigan North Dakota South Dakota Colorado Texas and New Mexico. Regulated electric utility also includes commodity trading operations. The regulated natural gas utility segment transports stores and distributes natural gas primarily in portions of Minnesota Wisconsin North Dakota Michigan and Colorado.