Xcel Energy Inc. (XEL) Insider sold 20187 Shares

Joanna Estrada
November 23, 2017

Several other institutional investors have also sold shares of the company. Jarislowsky Fraser Ltd's holdings in Xcel Energy were worth $7,514,000 as of its most recent SEC filing. (NYSE:XEL), 2 have Buy rating, 1 Sell and 12 Hold. This nets out to a decrease of 2 million shares and is another bearish sign for XEL.

Investors may also want to take a longer-term look at company shares. Finally, Quantitative Systematic Strategies LLC acquired a new stake in shares of Xcel Energy in the second quarter worth $221,000.

Ameriprise Financial Inc. increased its position in Xcel Energy Inc. Parallel Advisors LLC now owns 2,227 shares of the utilities provider's stock worth $105,000 after buying an additional 36 shares during the last quarter. Carroll Financial Associates Inc. now owns 2,365 shares of the utilities provider's stock valued at $108,000 after purchasing an additional 300 shares during the period. After the recent increase in the stock price, investors might also be looking to see if the stock has entered overbought territory and possibly be primed for a pullback.

In other Xcel Energy news, Director Timothy V. Wolf sold 3,000 shares of Xcel Energy stock in a transaction that occurred on Wednesday, November 1st. The share price has already crossed its 20 days moving average, floating at a distance of 0.87% and sits -0.5% lower versus its 50 days moving average. American International Group Incorporated invested in 236,724 shares or 0.04% of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

The company had seen its current volume reaching at 1.93 million shares in the last trade. The day started at a price of $50.61 but then traded as high as $50.74 before giving part of the gains back. Following the transaction, the insider now directly owns 48,424 shares in the company, valued at $2,404,735.84. The disclosure for this purchase can be found here. Stifel Nicolaus maintained the stock with "Buy" rating in Thursday, March 24 report. Many investors consider these recommendations very seriously, and often times whenever an analyst changes their outlook on a stock, the price change nearly immediately. Xcel Energy Inc. had 41 analyst reports since July 29, 2015 according to SRatingsIntel.

Tracking some technical levels, shares are trading 6.15% away from the 50 day simple moving average and 12.93% off of the 200 day simple moving average. Jefferies downgraded the stock to "Hold" rating in Friday, October 16 report. Analysts rating the company a 3 indicate a Hold recommendation. The company now has an average volume of 2.83 Million. SunTrust maintained the shares of XEL in report on Monday, October 19 with "Neutral" rating. If you are reading this story on another publication, it was copied illegally and reposted in violation of US and worldwide trademark and copyright law. The correct version of this piece of content can be accessed at https://www.truebluetribune.com/2017/11/23/jarislowsky-fraser-ltd-sells-5500-shares-of-xcel-energy-inc-xel.html. Farmers And Merchants Invests Inc invested in 0.04% or 11,598 shares. (NYSE:XEL) traded down $0.08 during midday trading on Thursday, hitting $50.53. That's down from its daily average of 2.15 million contracts. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Three months ago, analysts assigned KSS a 3.14 rating, which implies that analysts have become more optimistic about the outlook for the stock over the next year. The company shares sank -3.24% from their peak of $52.22 and now has a $25.8 billion market value of equity. Silvercrest Asset Mngmt Gru Limited Liability Co has invested 0% in Xcel Energy Inc (NYSE:XEL). The company's quarterly EPS surprised Wall Street by as much as -4% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. The business had revenue of $3.02 billion for the quarter, compared to the consensus estimate of $3.27 billion. The 1 year EPS growth rate is 13.80%. It increased, as 32 investors sold Xcel Energy Inc shares while 170 reduced holdings.

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 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 customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.

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