Xcel Energy Inc Institutional Investor Sentiment Worsened in Q1 2018

July 16, 2018 - By Vernon Prom

Xcel Energy Inc. (NASDAQ:XEL) Logo

Sentiment for Xcel Energy Inc (NYSE:XEL)

Xcel Energy Inc (NYSE:XEL) institutional sentiment decreased to 0.96 in 2018 Q1. Its down -0.29, from 1.25 in 2017Q4. The ratio is negative, as 235 active investment managers started new or increased stock positions, while 245 reduced and sold their stock positions in Xcel Energy Inc. The active investment managers in our partner’s database now have: 370.41 million shares, up from 367.42 million shares in 2017Q4. Also, the number of active investment managers holding Xcel Energy Inc in their top 10 stock positions decreased from 3 to 2 for a decrease of 1. Sold All: 47 Reduced: 198 Increased: 178 New Position: 57.

Xcel Energy Inc., through its subsidiaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. The company has market cap of $23.46 billion. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other divisions. It has a 20.49 P/E ratio. The firm generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil and refuse, and wind energy sources.

The stock decreased 0.35% or $0.16 during the last trading session, reaching $46.11. About 1.36M shares traded. Xcel Energy Inc. (NYSE:XEL) has declined 4.38% since July 16, 2017 and is downtrending. It has underperformed by 16.95% the S&P500.

Analysts await Xcel Energy Inc. (NASDAQ:XEL) to report earnings on July, 26 before the open. They expect $0.47 EPS, up 4.44 % or $0.02 from last year’s $0.45 per share. XEL’s profit will be $239.16 million for 24.53 P/E if the $0.47 EPS becomes a reality. After $0.57 actual EPS reported by Xcel Energy Inc. for the previous quarter, Wall Street now forecasts -17.54 % negative EPS growth.

Bruce & Co. Inc. holds 4.57% of its portfolio in Xcel Energy Inc. for 481,600 shares. Stewart & Patten Co Llc owns 475,439 shares or 4.18% of their US portfolio. Moreover, National Investment Services Inc Wi has 2.22% invested in the company for 52,311 shares. The Illinois-based Dearborn Partners Llc has invested 1.65% in the stock. First Dallas Securities Inc., a Texas-based fund reported 52,713 shares.

Since January 1, 0001, it had 0 insider purchases, and 2 selling transactions for $3.90 million activity.

Xcel Energy Inc. (NASDAQ:XEL) Ratings Coverage

Ratings analysis reveals 50% of Xcel Energy’s analysts are positive. Out of 8 Wall Street analysts rating Xcel Energy, 4 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $42.0 while the high is $53. The stock’s average target of $47.13 is 2.21% above today’s ($46.11) share price. XEL was included in 17 notes of analysts from February 1, 2018. The stock of Xcel Energy Inc. (NASDAQ:XEL) has “Hold” rating given on Monday, April 16 by SunTrust. The rating was maintained by SunTrust with “Hold” on Monday, March 5. On Tuesday, February 13 the stock rating was upgraded by Morgan Stanley to “Overweight”. The firm earned “Hold” rating on Wednesday, June 20 by Bank of America. The company was maintained on Monday, March 19 by SunTrust. The rating was maintained by SunTrust with “Hold” on Monday, April 23. On Wednesday, June 13 the stock rating was maintained by Morgan Stanley with “Overweight”. SunTrust maintained it with “Hold” rating and $43.0 target in Monday, February 5 report. The stock of Xcel Energy Inc. (NASDAQ:XEL) has “Buy” rating given on Tuesday, March 27 by Mizuho. Morgan Stanley maintained it with “Overweight” rating and $50 target in Monday, April 16 report.

Another recent and important Xcel Energy Inc. (NASDAQ:XEL) news was published by Nasdaq.com which published an article titled: “Don’t Waste Your Money on Penny Stocks: These 3 Stocks Are Better Buys” on July 16, 2018.

Xcel Energy Inc. (NASDAQ:XEL) Institutional Positions Chart

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