Shares of Xcel Energy Inc. (NYSE:XEL) saw unusually-strong trading volume on Friday . Approximately 2,747,055 shares traded hands during mid-day trading, a decline of 23% from the previous session’s volume of 3,574,567 shares.The stock last traded at $44.17 and had previously closed at $44.32.

A number of equities analysts have weighed in on XEL shares. Barclays PLC reiterated a “buy” rating on shares of Xcel Energy in a research report on Saturday, March 19th. Argus reiterated a “buy” rating and issued a $48.00 price target (up from $46.00) on shares of Xcel Energy in a research report on Wednesday, June 15th. Deutsche Bank AG reissued a “hold” rating on shares of Xcel Energy in a report on Monday, April 18th. Zacks Investment Research raised shares of Xcel Energy from a “sell” rating to a “hold” rating in a report on Saturday, May 28th. Finally, Jefferies Group reissued a “hold” rating on shares of Xcel Energy in a report on Tuesday, May 10th. One analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. Xcel Energy has an average rating of “Hold” and an average price target of C$36.49.

The firm has a market cap of $22.65 billion and a P/E ratio of 21.13. The stock’s 50 day moving average price is $42.64 and its 200-day moving average price is $40.16.

Xcel Energy (NYSE:XEL) last posted its quarterly earnings results on Monday, May 9th. The company reported $0.47 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.47. The business had revenue of $2.77 billion for the quarter, compared to analysts’ expectations of $3 billion. The business’s quarterly revenue was down 6.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.46 earnings per share. On average, analysts forecast that Xcel Energy Inc. will post $2.20 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 20th. Shareholders of record on Thursday, June 16th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date of this dividend is Tuesday, June 14th.

Several large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in shares of Xcel Energy by 3.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 966,581 shares of the company’s stock worth $34,715,000 after buying an additional 34,711 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Xcel Energy by 1.9% in the fourth quarter. Advisors Asset Management Inc. now owns 32,462 shares of the company’s stock worth $1,166,000 after buying an additional 606 shares during the last quarter. Suntrust Banks Inc. boosted its stake in shares of Xcel Energy by 157.2% in the fourth quarter. Suntrust Banks Inc. now owns 108,950 shares of the company’s stock worth $3,911,000 after buying an additional 66,588 shares during the last quarter. Advantus Capital Management Inc boosted its stake in shares of Xcel Energy by 2.5% in the fourth quarter. Advantus Capital Management Inc now owns 48,487 shares of the company’s stock worth $1,741,000 after buying an additional 1,189 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in shares of Xcel Energy by 3.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 44,874 shares of the company’s stock worth $1,611,000 after buying an additional 1,531 shares during the last quarter.

Xcel Energy Inc is a public utility holding company. The Company’s operations include activity of four utility subsidiaries that serve electric and natural gas customers. Its segments are 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.

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