Milestone Group buys $541,062 stake in Xcel Energy Inc (XEL)

Xcel Energy Inc (XEL) : Milestone Group scooped up 58 additional shares in Xcel Energy Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 12,972 shares of Xcel Energy Inc which is valued at $541,062.Xcel Energy Inc makes up approximately 0.09% of Milestone Group’s portfolio.

Other Hedge Funds, Including , Thrivent Financial For Lutherans boosted its stake in XEL in the latest quarter, The investment management firm added 740 additional shares and now holds a total of 15,845 shares of Xcel Energy Inc which is valued at $660,895.White Pine Capital reduced its stake in XEL by selling 67 shares or 0.21% in the most recent quarter. The Hedge Fund company now holds 32,509 shares of XEL which is valued at $1.4 Million. Xcel Energy Inc makes up approx 0.59% of White Pine Capital’s portfolio.Martingale Asset Management L P reduced its stake in XEL by selling 10,399 shares or 13.75% in the most recent quarter. The Hedge Fund company now holds 65,243 shares of XEL which is valued at $2.7 Million. Xcel Energy Inc makes up approx 0.05% of Martingale Asset Management L P’s portfolio.Teachers Advisors Inc boosted its stake in XEL in the latest quarter, The investment management firm added 882,870 additional shares and now holds a total of 2,842,673 shares of Xcel Energy Inc which is valued at $115 Million. Xcel Energy Inc makes up approx 0.21% of Teachers Advisors Inc’s portfolio.Profund Advisors boosted its stake in XEL in the latest quarter, The investment management firm added 26,848 additional shares and now holds a total of 63,075 shares of Xcel Energy Inc which is valued at $2.6 Million. Xcel Energy Inc makes up approx 0.13% of Profund Advisors’s portfolio.

Xcel Energy Inc closed down -0.04 points or -0.10% at $40.47 with 29,67,494 shares getting traded on Friday. Post opening the session at $40.68, the shares hit an intraday low of $40.18 and an intraday high of $40.71 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Xcel Energy Inc reported $0.47 EPS for the quarter, based on the information available during the earnings call on May 9, 2016. Analyst had a consensus estimate of $0.47. The company had revenue of $2772.30 million for the quarter, compared to analysts expectations of $2969.87 million. The company’s revenue was down -6.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.46 EPS.

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.

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