The Xcel Energy Inc. (XEL) Given “Hold” Rating at Jefferies Group LLC

The firm owned 3,741,935 shares of the utilities provider’s stock after buying an additional 2,940,959 shares during the period. 560,809 shares of the stock traded hands.

Among 14 analysts covering Xcel Energy Inc. The stock declined 0.65% or $0.13 reaching $19.86 per share.

On the same day that Duke Energy Florida reached a settlement agreement under which it will finally abandon a mothballed nuclear project and instead build large volumes of solar, energy storage and EV charging networks, Xcel Energy also announced a plan to shutter coal-fired generation and open up a new competitive bidding process for up to 700 MW of solar and 1 GW of wind, as well as natural gas and energy storage. It has underperformed by 29.39% the S&P500.

Becker Capital Management Inc decreased Exxon Mobil Corporation (NYSE:XOM) stake by 4,511 shares to 408,550 valued at $38.30 million in 2016Q4. Hap Trading Limited Company invested in 0.3% or 52,488 shares. The company’s revenue was up 5.8% on a year-over-year basis. About 10,025 shares traded. Finally, Parsons Capital Management Inc. American Electric Power Company Inc (NYSE:AEP) has risen 7.63% since August 30, 2016 and is uptrending. It has outperformed by 34.58% the S&P500. Jefferies Group LLC reiterated a “hold” rating and issued a $50.00 price target on shares of Xcel Energy in a research note on Thursday. Ten equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Therefore 92% are positive.

Parties to the Colorado stipulation include Xcel Energy’s Public Service Co. of Colorado; the CPUC staff; the Colorado Office of Consumer Counsel; the Colorado Energy Office; the City of Boulder; Climax Molybdenum Co.; the Colorado Energy Consumers Group; the Colorado Independent Energy Association; the Colorado Solar Energy Industries Association; Interwest Energy Alliance; Invenergy LLC; Southwest Generation Operating Co. The rating was maintained by Jefferies on Friday, June 9 with “Hold”. The SI to Xcel Energy Incorporated’s float is 2.3%. Jefferies maintained it with “Hold” rating and $4800 target in Friday, July 21 report. The firm earned “Equal Weight” rating on Friday, December 2 by Barclays Capital. The stock of Allegion PLC (NYSE:ALLE) has “Buy” rating given on Monday, May 1 by Credit Suisse. Mizuho initiated the shares of AEP in report on Tuesday, August 18 with “Buy” rating. As per Wednesday, March 2, the company rating was downgraded by Robert W. Baird. The stock has “Overweight” rating by JP Morgan on Thursday, June 16. Imperial Capital downgraded Allegion PLC (NYSE:ALLE) rating on Thursday, November 5.

The forecast of 1 surveyed investment analysts covering the stock advises investors to Buy stake in the company. 0 analysts call it Underweight, while 1 think it is Overweight.

Want to see what other hedge funds are holding XEL? 70 funds opened positions while 175 raised stakes. Its up 13.06% from 10.29 million shares previously. Mitsubishi UFJ Kokusai Asset Management Co.

Energy Income Partners Llc increased Xcel Energy Inc (XEL) stake by 232.02% reported in 2016Q4 SEC filing. Quinn Opportunity Prtnrs Ltd Liability Company invested 0.14% of its portfolio in Facebook Inc (NASDAQ:FB). Ameriprise Fin Incorporated invested in 3.41M shares. Koshinski Asset Mngmt holds 20,579 shares. Zacks Investment Research raised shares of Xcel Energy from a “hold” rating to a “buy” rating and set a $53.00 price objective for the company in a report on Thursday, June 22nd. Eaton Vance owns 21,683 shares or 0% of their U.S. portfolio.

Investors may be interested in viewing the Gross Margin score on shares of Xcel Energy Inc. Tarbox accumulated 11 shares. The California-based Schwab Charles Inv Management has invested 0.07% in Xcel Energy Inc (NYSE:XEL). Aperio Group Inc Lc has 28,703 shares. (NYSE:XEL) is 36. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. Parsons Capital Management Inc. After this sale, 52,255 common shares of XEL are directly owned by the insider, with total stake valued at $2,586,623. Mckesson Corp (NYSE:MCK) was reduced too.

Investors sentiment increased to 1.23 in 2016 Q4. Its up 0.13, from 0.98 in 2016Q3. At Bank holds 0.11% in Facebook Inc (NASDAQ:FB) or 7,281 shares. Oakworth Capital reported 1,302 shares or 0.05% of all its holdings. (NASDAQ:ECPG). Comerica Bankshares invested 0.01% in Encore Capital Group, Inc. Moreover, Neuberger Berman Gru Ltd Liability has 0% invested in Allegion PLC (NYSE:ALLE).

About 50,262 shares traded. Eagle Ltd reported 2.05% of its portfolio in Facebook Inc (NASDAQ:FB). The Pennsylvania-based Vanguard Grp has invested 0.03% in Allegion PLC (NYSE:ALLE). (NASDAQ:ECPG). Ameriprise Financial invested in 0% or 139,224 shares. Old Mutual Glob (Uk) Limited invested in 0.45% or 228,691 shares. Meeder Asset Mgmt Incorporated owns 1,168 shares or 0% of their United States portfolio. Louisiana State Employees Retirement stated it has 31,900 shares. Massmutual Fsb Adv reported 555 shares or 0% of all its holdings. Oakbrook Investments Lc has 25,831 shares. 1,017 shares valued at $30,968 were sold by Masih Ashish on Tuesday, March 14.

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