Xcel Energy Inc (XEL) : Cypress Capital Management has sold out all of its stake in Xcel Energy Inc during the most recent quarter, according to the disclosure filed by the company on Nov 14, 2016 with the SEC. The investment management company has sold out 122,597 shares of Xcel Energy Inc which is valued at $4,721,210.
Other Hedge Funds, Including , Van Eck Associates Corp boosted its stake in XEL in the latest quarter, The investment management firm added 5,936 additional shares and now holds a total of 52,635 shares of Xcel Energy Inc which is valued at $2,026,974. Xcel Energy Inc makes up approx 0.01% of Van Eck Associates Corp’s portfolio. Rational Advisors sold out all of its stake in XEL during the most recent quarter. The investment firm sold 64,550 shares of XEL which is valued $2,496,794.Bronfman E.l. Rothschild reduced its stake in XEL by selling 71,884 shares or 49.85% in the most recent quarter. The Hedge Fund company now holds 72,329 shares of XEL which is valued at $2,919,198. Xcel Energy Inc makes up approx 0.47% of Bronfman E.l. Rothschild’s portfolio.Next Financial Group Inc boosted its stake in XEL in the latest quarter, The investment management firm added 2,950 additional shares and now holds a total of 9,240 shares of Xcel Energy Inc which is valued at $373,850. Xcel Energy Inc makes up approx 0.07% of Next Financial Group Inc’s portfolio.First National Bank Trust Co Of Newtown reduced its stake in XEL by selling 250 shares or 1.99% in the most recent quarter. The Hedge Fund company now holds 12,329 shares of XEL which is valued at $497,105. Xcel Energy Inc makes up approx 0.16% of First National Bank Trust Co Of Newtown’s portfolio.
Xcel Energy Inc closed down -0.13 points or -0.33% at $38.87 with 22,79,538 shares getting traded on Monday. Post opening the session at $38.96, the shares hit an intraday low of $38.685 and an intraday high of $39.2 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 $0.90 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Oct 27, 2016. Analyst had a consensus of $0.87. The company had revenue of $3040.15 million for the quarter, compared to analysts expectations of $3318.00 million. The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.84 EPS.
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.