F3Logic LLC increased its stake in Xcel Energy Inc (NYSE:XEL) by 14.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,159 shares of the utilities provider’s stock after acquiring an additional 1,897 shares during the period. F3Logic LLC’s holdings in Xcel Energy were worth $853,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Investment Advisory Services LLC purchased a new position in Xcel Energy during the 4th quarter valued at about $25,000. Claybrook Capital LLC purchased a new position in Xcel Energy during the 4th quarter valued at about $25,000. Altshuler Shaham Ltd purchased a new position in Xcel Energy during the 4th quarter valued at about $26,000. Bruderman Asset Management LLC purchased a new position in Xcel Energy during the 4th quarter valued at about $27,000. Finally, Group One Trading L.P. purchased a new position in Xcel Energy during the 4th quarter valued at about $32,000. 73.96% of the stock is owned by institutional investors.

XEL stock opened at $57.22 on Thursday. Xcel Energy Inc has a fifty-two week low of $41.99 and a fifty-two week high of $57.85.

Xcel Energy (NYSE:XEL) last posted its earnings results on Thursday, April 25th. The utilities provider reported $0.61 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.61. The firm had revenue of $3.14 billion for the quarter, compared to analysts’ expectations of $3.11 billion. During the same quarter last year, the company posted $0.57 EPS. The firm’s revenue was up 6.4% on a year-over-year basis.

The company also recently announced a quarterly dividend, which will be paid on Saturday, July 20th. Shareholders of record on Friday, June 14th will be issued a dividend of $0.405 per share. This represents a $1.62 dividend on an annualized basis and a dividend yield of 2.83%.

In other Xcel Energy news, SVP Judy M. Poferl sold 8,953 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $55.86, for a total transaction of $500,114.58. Following the transaction, the senior vice president now owns 8,855 shares in the company, valued at approximately $494,640.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Benjamin G. S. Fowke III sold 75,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $55.13, for a total value of $4,134,750.00. The disclosure for this sale can be found here. 0.22% of the stock is currently owned by corporate insiders.

XEL has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Xcel Energy from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a report on Monday, February 4th. Wolfe Research set a $57.00 target price on Xcel Energy and gave the stock a “hold” rating in a report on Friday, April 26th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $53.14.

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Xcel Energy Profile

Xcel Energy Inc is a public utility holding company. The Company’s operations include the activity of four utility subsidiaries that serve electric and natural gas customers in eight states. The Company’s segments 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 customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.

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Institutional Ownership by Quarter for Xcel Energy (NYSE:XEL)

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