Scout Investments buys $41,045,250 stake in Xcel Energy Inc (XEL)

Xcel Energy Inc (XEL) : Scout Investments scooped up 178,043 additional shares in Xcel Energy Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 961,022 shares of Xcel Energy Inc which is valued at $41,045,250.Xcel Energy Inc makes up approximately 1.09% of Scout Investments’s portfolio.

Other Hedge Funds, Including , Norinchukin Bank The boosted its stake in XEL in the latest quarter, The investment management firm added 595 additional shares and now holds a total of 26,643 shares of Xcel Energy Inc which is valued at $1,137,923. Xcel Energy Inc makes up approx 0.03% of Norinchukin Bank The’s portfolio.Signaturefd reduced its stake in XEL by selling 53 shares or 10.86% in the most recent quarter. The Hedge Fund company now holds 435 shares of XEL which is valued at $19,131.Louisiana State Employees Retirement System reduced its stake in XEL by selling 600 shares or 1.77% in the most recent quarter. The Hedge Fund company now holds 33,300 shares of XEL which is valued at $1,448,550. Xcel Energy Inc makes up approx 0.07% of Louisiana State Employees Retirement System’s portfolio.

Xcel Energy Inc closed down -0.68 points or -1.59% at $42.12 with 21,56,160 shares getting traded on Monday. Post opening the session at $42.86, the shares hit an intraday low of $42.09 and an intraday high of $42.94 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Xcel Energy Inc reported $0.39 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus of $0.40. The company had revenue of $2499.90 million for the quarter, compared to analysts expectations of $2484.69 million. The company’s revenue was down -.6 % 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 Upgraded by JP Morgan to ” Overweight” on Jun 16, 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.

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