Nisa Investment Advisors LLC Has $4.31 Million Holdings in Xcel Energy Inc. $XEL

Nisa Investment Advisors LLC decreased its position in shares of Xcel Energy Inc. (NASDAQ:XEL) by 12.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,075 shares of the company’s stock after selling 7,434 shares during the period. Nisa Investment Advisors LLC’s holdings in Xcel Energy were worth $4,311,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of XEL. Twin Peaks Wealth Advisors LLC bought a new stake in Xcel Energy during the 2nd quarter worth approximately $25,000. Clearstead Trust LLC boosted its stake in Xcel Energy by 202.2% in the second quarter. Clearstead Trust LLC now owns 417 shares of the company’s stock worth $28,000 after purchasing an additional 279 shares in the last quarter. Rise Advisors LLC boosted its stake in Xcel Energy by 62.9% in the second quarter. Rise Advisors LLC now owns 518 shares of the company’s stock worth $35,000 after purchasing an additional 200 shares in the last quarter. Salomon & Ludwin LLC grew its holdings in shares of Xcel Energy by 98.8% during the third quarter. Salomon & Ludwin LLC now owns 509 shares of the company’s stock worth $41,000 after purchasing an additional 253 shares during the last quarter. Finally, Marshall & Sullivan Inc. WA acquired a new stake in shares of Xcel Energy in the second quarter valued at $44,000. Institutional investors own 78.38% of the company’s stock.

Xcel Energy Stock Up 1.2%

Shares of NASDAQ:XEL opened at $74.26 on Monday. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.79 and a quick ratio of 0.69. The stock has a market cap of $43.93 billion, a price-to-earnings ratio of 22.64, a P/E/G ratio of 2.03 and a beta of 0.46. The company has a 50 day moving average of $77.23 and a 200-day moving average of $75.31. Xcel Energy Inc. has a one year low of $62.58 and a one year high of $83.01.

Xcel Energy (NASDAQ:XEL) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.08). Xcel Energy had a net margin of 13.46% and a return on equity of 10.45%. The business had revenue of $3.92 billion during the quarter, compared to the consensus estimate of $3.89 billion. During the same period in the previous year, the business posted $1.25 earnings per share. Xcel Energy’s revenue was up 7.4% compared to the same quarter last year. On average, sell-side analysts forecast that Xcel Energy Inc. will post 3.82 earnings per share for the current year.

Xcel Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 20th. Investors of record on Monday, December 29th will be paid a dividend of $0.57 per share. The ex-dividend date of this dividend is Monday, December 29th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.1%. Xcel Energy’s payout ratio is 69.51%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Royal Bank Of Canada assumed coverage on shares of Xcel Energy in a research report on Tuesday, October 28th. They set a “moderate buy” rating on the stock. BTIG Research upgraded shares of Xcel Energy to a “strong-buy” rating in a research report on Wednesday, October 22nd. JPMorgan Chase & Co. decreased their price target on shares of Xcel Energy from $90.00 to $87.00 and set an “overweight” rating on the stock in a research note on Thursday, December 11th. Bank of America boosted their price objective on shares of Xcel Energy from $78.00 to $84.00 and gave the stock a “buy” rating in a research report on Thursday, September 25th. Finally, KeyCorp reduced their price objective on Xcel Energy from $85.00 to $84.00 and set an “overweight” rating on the stock in a report on Friday, December 12th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $87.21.

Xcel Energy Company Profile

Xcel Energy (NASDAQ: XEL) is a Minneapolis-based, publicly traded utility holding company that develops, owns and operates regulated electricity and natural gas delivery systems. The company’s core activities include generation, transmission and distribution of electricity, the delivery of natural gas to customers, and related customer service operations. Xcel provides a mix of utility services to residential, commercial and industrial customers and participates in wholesale energy markets where appropriate.

Its generation portfolio combines nuclear, natural gas, coal and a growing share of renewable resources such as wind and solar.