Mirae Asset Global Investments Co. Ltd. has reduced its stock position in
Xcel Energy Inc., while
SpiderRock Advisors LLC and the
Norden Group LLC have made new investments. Some significant share sales have also been registered, with
Mission Wealth Management LP and
Legacy Wealth Asset Management LLC selling stocks. Furthermore, the
Maryland State Retirement & Pension System and
Sumitomo Mitsui Trust Holdings Inc. have bought shares. Amid these activities, Xcel Energy Inc.'s Q1 2024 earnings have surpassed analyst EPS estimates, but they also saw decelerating rates of return. The utility company's stock took a downturn due to a wildfire in Texas for which it has been held liable, leading to legal actions. Despite this,
Morgan Stanley offered a lower price target for Xcel Energy (XEL). With the announcement of dividends on common stocks, the company remains appealing to shareholders. Xcel Energy was also said to be partnering with Ford Pro to install 30,000 EV Charging Ports for business fleets by 2030.
Xcel Energy XEL News Analytics from Tue, 05 Dec 2023 08:00:00 GMT to Sun, 07 Jul 2024 13:54:16 GMT -
Rating -5
- Innovation 0
- Information 6
- Rumor 1
