Xcel Energy Inc (NYSE:XEL) posted its quarterly earnings data on Thursday. The company reported $0.41 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.41, AnalystRatings.NET reports. The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same period in the prior year, the company posted $0.39 EPS. The firm’s quarterly revenue was down 9.7% compared to the same quarter last year. Xcel Energy updated its FY16 guidance to $2.12-2.27 EPS.

Shares of Xcel Energy (NYSE:XEL) opened at 38.22 on Monday. Xcel Energy has a 52-week low of $31.76 and a 52-week high of $38.26. The company has a market cap of $19.40 billion and a PE ratio of 19.71. The company has a 50 day moving average of $36.26 and a 200-day moving average of $35.18.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 20th. Investors of record on Thursday, December 24th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date was Tuesday, December 22nd. This is an increase from Xcel Energy’s previous quarterly dividend of $0.27.

An institutional investor recently raised its position in Xcel Energy stock. Russell Frank Co boosted its position in shares of Xcel Energy Inc (NYSE:XEL) by 76.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,558,488 shares of the company’s stock after buying an additional 676,562 shares during the period. Russell Frank Co owned 0.31% of Xcel Energy worth $56,735,000 as of its most recent SEC filing.

XEL has been the topic of several research reports. Jefferies Group downgraded Xcel Energy from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $38.00 to $37.00 in a report on Friday, October 16th. SunTrust reiterated a “hold” rating on shares of Xcel Energy in a research report on Monday, October 19th. Deutsche Bank reiterated a “hold” rating on shares of Xcel Energy in a research report on Sunday, November 1st. Zacks Investment Research cut shares of Xcel Energy from a “buy” rating to a “hold” rating in a research report on Friday, December 4th. Finally, Barclays reiterated an “overweight” rating and set a $40.00 target price (up previously from $39.00) on shares of Xcel Energy in a research report on Monday, January 4th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $38.25.

Xcel Energy Inc. is a public utility holding company. The Company’s operations include the activity of four wholly owned utility subsidiaries that serve electric and natural gas customers in eight states. These utility subsidiaries are NSP-Minnesota NSP-Wisconsin, Public Service Company of Colorado (NYSE:XEL) and Southwestern Public Service Co. (SPS) and serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. Its segments include 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. Regulated electric utility also includes commodity trading operations. The regulated natural gas utility segment transports, stores and distributes natural gas primarily in portions of Minnesota, Wisconsin, North Dakota, Michigan and Colorado.

12 Month Chart for NYSE:XEL

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