Notable Runner: What Next for Xcel Energy Inc Stock After Today’s Significant Increase?

Notable Runner: What Next for Xcel Energy Inc Stock After Today's Significant Increase?

The stock of Xcel Energy Inc (NYSE:XEL) is a huge mover today! About 964,189 shares traded hands. Xcel Energy Inc (NYSE:XEL) has declined 3.12% since March 9, 2016 and is downtrending. It has underperformed by 10.53% the S&P500.
The move comes after 9 months positive chart setup for the $19.92 billion company. It was reported on Oct, 12 by Barchart.com. We have $56.71 PT which if reached, will make NYSE:XEL worth $8.57B more.

Analysts await Xcel Energy Inc (NYSE:XEL) to report earnings on November, 3. They expect $0.88 EPS, up 4.76% or $0.04 from last year’s $0.84 per share. XEL’s profit will be $442.00M for 11.27 P/E if the $0.88 EPS becomes a reality. After $0.39 actual EPS reported by Xcel Energy Inc for the previous quarter, Wall Street now forecasts 125.64% EPS growth.

Xcel Energy Inc (NYSE:XEL) Ratings Coverage

Out of 9 analysts covering Xcel Energy Inc. (NYSE:XEL), 2 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 22% are positive. Xcel Energy Inc. has been the topic of 20 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The rating was downgraded by Jefferies on Friday, October 16 to “Hold”. The stock has “Neutral” rating given by SunTrust on Monday, September 26. The rating was upgraded by JP Morgan on Thursday, June 16 to “Overweight”. As per Wednesday, October 21, the company rating was maintained by Jefferies. The rating was downgraded by Zacks to “Sell” on Thursday, September 3. As per Friday, March 18, the company rating was maintained by Barclays Capital. The firm earned “Neutral” rating on Wednesday, March 2 by Robert W. Baird. The firm has “Neutral” rating by Macquarie Research given on Friday, January 29. The stock of Xcel Energy Inc (NYSE:XEL) earned “Neutral” rating by UBS on Monday, September 19. The stock of Xcel Energy Inc (NYSE:XEL) has “Neutral” rating given on Monday, October 19 by SunTrust.

According to Zacks Investment Research, “Xcel Energy Inc. is predominantly an operating public utility engaged in the generation, transmission and distribution of electricity and the transportation, storage and distribution of natural gas.”

Insitutional Activity: The institutional sentiment increased to 1.31 in 2016 Q2. Its up 0.05, from 1.26 in 2016Q1. The ratio increased, as 29 funds sold all Xcel Energy Inc shares owned while 174 reduced positions. 61 funds bought stakes while 205 increased positions. They now own 353.37 million shares or 3.28% less from 365.36 million shares in 2016Q1.
Fincl Counselors Inc last reported 5,227 shares in the company. The New York-based Tiaa Cref Invest Limited Liability Co has invested 0.18% in Xcel Energy Inc (NYSE:XEL). Paloma Prns Mgmt owns 61,252 shares or 0.03% of their US portfolio. The Switzerland-based Gam Ag has invested 0.08% in Xcel Energy Inc (NYSE:XEL). Cahill Finance Advsr Incorporated holds 0.38% or 12,252 shares in its portfolio. Moors And Cabot Inc has invested 0.1% of its portfolio in Xcel Energy Inc (NYSE:XEL). Investment Centers Of America has 0.43% invested in the company for 50,478 shares. The Missouri-based Enterprise Finance Corporation has invested 0.02% in Xcel Energy Inc (NYSE:XEL). Moreover, Employees Retirement Association Of Colorado has 0.04% invested in Xcel Energy Inc (NYSE:XEL) for 106,870 shares. Icon Advisers Company has 0.07% invested in the company for 23,700 shares. Qci Asset Mgmt Ny owns 1,640 shares or 0.01% of their US portfolio. Moreover, Guardian Life Communication Of America has 0.01% invested in Xcel Energy Inc (NYSE:XEL) for 1,903 shares. Janus Capital Limited Com last reported 2.69M shares in the company. Rs Mgmt Comm Ltd Liability Co holds 347,740 shares or 0.16% of its portfolio. Thompson Siegel & Walmsley Ltd Llc last reported 1.15 million shares in the company.

Insider Transactions: Since August 26, 2016, the stock had 0 insider purchases, and 1 sale for $495,792 net activity. The insider McDaniel Marvin E. Jr. sold 11,900 shares worth $495,792.

More news for Xcel Energy Inc (NYSE:XEL) were recently published by: Bizjournals.com, which released: “Boulder files new plan to separate from Xcel Energy” on September 29, 2016. Prnewswire.com‘s article titled: “Xcel Energy, NextEra Energy Resources celebrate commissioning of Roswell and …” and published on October 06, 2016 is yet another important article.

XEL Company Profile

Xcel Energy Inc., incorporated on June 17, 1909, is a public utility holding company. The Company’s activities include the activity of four utility subsidiaries that serve electric and natural gas clients in over eight states. The Company’s divisions 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 clients in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. Along with WYCO Development LLC (WYCO), a joint venture formed with Colorado Interstate Gas Company, LLC (CIG) to develop and lease natural gas pipelines storage and compression facilities, and WestGas InterState, Inc. (WGI), an interstate natural gas pipeline company, these companies comprise the regulated utility operations.

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