Rational Advisors buys $2,762,740 stake in Xcel Energy Inc (XEL)

Xcel Energy Inc (XEL) : Rational Advisors scooped up 28,800 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 10, 2016. The investment management firm now holds a total of 64,550 shares of Xcel Energy Inc which is valued at $2,762,740.Xcel Energy Inc makes up approximately 1.90% of Rational Advisors’s portfolio.

Other Hedge Funds, Including , Blackrock Investment Management reduced its stake in XEL by selling 4,377 shares or 0.37% in the most recent quarter. The Hedge Fund company now holds 1,192,505 shares of XEL which is valued at $51,039,214. Xcel Energy Inc makes up approx 0.06% of Blackrock Investment Management’s portfolio.Moors Cabot boosted its stake in XEL in the latest quarter, The investment management firm added 3,407 additional shares and now holds a total of 12,564 shares of Xcel Energy Inc which is valued at $536,608. Xcel Energy Inc makes up approx 0.09% of Moors Cabot’s portfolio.Intrust Bank Na reduced its stake in XEL by selling 1,804 shares or 21.62% in the most recent quarter. The Hedge Fund company now holds 6,540 shares of XEL which is valued at $282,266. Xcel Energy Inc makes up approx 0.11% of Intrust Bank Na’s portfolio.Anchor Capital Advisors reduced its stake in XEL by selling 29,525 shares or 4.11% in the most recent quarter. The Hedge Fund company now holds 688,916 shares of XEL which is valued at $29,733,615. Xcel Energy Inc makes up approx 0.76% of Anchor Capital Advisors’s portfolio. Loeb Partners Corp added XEL to its portfolio by purchasing 10,000 company shares during the most recent quarter which is valued at $443,200. Xcel Energy Inc makes up approx 0.14% of Loeb Partners Corp’s portfolio.

Xcel Energy Inc closed down -0.54 points or -1.26% at $42.42 with 26,10,764 shares getting traded on Friday. Post opening the session at $42.76, the shares hit an intraday low of $42.18 and an intraday high of $42.89 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 $0.39 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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