Xcel Energy Inc (NYSE:XEL) Shares Sold by Clarius Group LLC

Clarius Group LLC decreased its holdings in Xcel Energy Inc (NYSE:XEL) by 7.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 3,687 shares of the utilities provider’s stock after selling 287 shares during the quarter. Clarius Group LLC’s holdings in Xcel Energy were worth $239,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in XEL. Magellan Asset Management Ltd lifted its stake in shares of Xcel Energy by 233.3% in the second quarter. Magellan Asset Management Ltd now owns 11,720,869 shares of the utilities provider’s stock worth $697,274,000 after acquiring an additional 8,204,411 shares in the last quarter. Scout Investments Inc. lifted its stake in shares of Xcel Energy by 196.1% in the second quarter. Scout Investments Inc. now owns 1,967,843 shares of the utilities provider’s stock worth $117,067,000 after acquiring an additional 1,303,156 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Xcel Energy by 2.3% in the second quarter. JPMorgan Chase & Co. now owns 40,037,447 shares of the utilities provider’s stock worth $2,373,420,000 after acquiring an additional 918,607 shares in the last quarter. Carillon Tower Advisers Inc. lifted its stake in shares of Xcel Energy by 202.6% in the second quarter. Carillon Tower Advisers Inc. now owns 1,349,000 shares of the utilities provider’s stock worth $80,252,000 after acquiring an additional 903,125 shares in the last quarter. Finally, California Public Employees Retirement System lifted its stake in shares of Xcel Energy by 18.2% in the second quarter. California Public Employees Retirement System now owns 3,940,117 shares of the utilities provider’s stock worth $234,398,000 after acquiring an additional 608,069 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

Shares of NYSE XEL opened at $64.54 on Friday. The stock’s 50 day moving average price is $64.14 and its two-hundred day moving average price is $60.53. Xcel Energy Inc has a 52-week low of $47.44 and a 52-week high of $66.05.

Xcel Energy (NYSE:XEL) last announced its quarterly earnings data on Thursday, October 24th. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.03 by ($0.02). The business had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3.55 billion. During the same quarter in the prior year, the firm earned $0.96 EPS. The firm’s quarterly revenue was down 1.1% compared to the same quarter last year.

The company also recently disclosed a quarterly dividend, which was paid on Sunday, October 20th. Shareholders of record on Friday, September 13th were paid a dividend of $0.405 per share. This represents a $1.62 annualized dividend and a yield of 2.51%. The ex-dividend date was Thursday, September 12th.

Several research analysts recently commented on XEL shares. Bank of America cut Xcel Energy from a “neutral” rating to an “underperform” rating and set a $62.00 price target on the stock. in a research note on Monday, September 30th. Mizuho boosted their price target on Xcel Energy from $50.00 to $64.00 and gave the stock a “neutral” rating in a research note on Thursday, October 10th. Zacks Investment Research upgraded Xcel Energy from a “sell” rating to a “hold” rating and set a $66.00 price target on the stock in a research note on Monday, August 26th. UBS Group boosted their price target on Xcel Energy from $63.00 to $66.00 and gave the stock a “neutral” rating in a research note on Friday, September 6th. Finally, SunTrust Banks set a $63.00 price target on Xcel Energy and gave the stock a “hold” rating in a research note on Tuesday, September 3rd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $64.20.

In other news, insider Christopher B. Clark sold 2,000 shares of the stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $64.25, for a total transaction of $128,500.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Scott M. Wilensky sold 15,000 shares of the stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $61.71, for a total value of $925,650.00. The disclosure for this sale can be found here. Insiders have sold 49,382 shares of company stock worth $3,133,045 in the last 90 days. 0.22% of the stock is currently owned by insiders.

Xcel Energy Profile

Xcel Energy Inc is a public utility holding company. The Company’s operations include the activity of four utility subsidiaries that serve electric and natural gas customers in eight states. The Company’s segments include regulated electric utility, regulated natural gas utility and all other. The Company’s utility subsidiaries include NSP-Minnesota, NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co (SPS), which serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.

Featured Story: Equal Weight Rating

Want to see what other hedge funds are holding XEL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xcel Energy Inc (NYSE:XEL).

Institutional Ownership by Quarter for Xcel Energy (NYSE:XEL)

Receive News & Ratings for Xcel Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xcel Energy and related companies with MarketBeat.com's FREE daily email newsletter.