Xcel Energy saw noteworthy
moves in share ownership as both
acquisitions and
sales of XEL were made by various financial groups. High-profile companies like Universal Beteiligungs und Servicegesellschaft mbH, Mackenzie Financial Corp, 111 Capital, Wealth Enhancement Advisory Services and others made significant investments while others like Man Group plc and Toronto Dominion Bank have sold a substantial number of shares.
Xcel declared dividends on common stock, an indication of a healthy financial outlook. Generally, there seems to be an increase in both individual and institutional interest in XEL, with shares also purchased by Voloridge Investment Management and Woodline Partners. Amid this, Xcel is witnessing strong growth and expanding power demand. Predictions and analyses are mixed, with Morgan Stanley setting a $78.00 price target and Wall Street Zen downgrading the stock.
Earnings reports have missed Q1 estimates but the company has planned to invest $45 billion. Xcel Energy is, therefore, a topic of active discussion among investors and analysts alike.
Xcel Energy XEL News Analytics from Mon, 04 Nov 2024 08:00:00 GMT to Sat, 31 May 2025 23:39:44 GMT -
Rating 6
- Innovation -3
- Information 5
- Rumor -5
