Public Sector Pension Funding Board raised its holdings in Xcel Power Inc. (NASDAQ:XEL – Free Report) by 50.6% within the second quarter, in line with its most up-to-date 13F submitting with the Securities & Trade Fee. The agency owned 94,198 shares of the corporate’s inventory after buying an extra 31,645 shares in the course of the interval. Public Sector Pension Funding Board’s holdings in Xcel Power have been value $5,031,000 on the finish of the newest quarter.
Various different institutional buyers and hedge funds have additionally not too long ago made modifications to their positions within the enterprise. Value T Rowe Associates Inc. MD boosted its stake in shares of Xcel Power by 770.0% within the first quarter. Value T Rowe Associates Inc. MD now owns 7,552,625 shares of the corporate’s inventory valued at $405,955,000 after shopping for an extra 6,684,499 shares in the course of the interval. Jupiter Asset Administration Ltd. purchased a brand new stake in shares of Xcel Power in the course of the 1st quarter valued at $80,283,000. Federated Hermes Inc. grew its holdings in shares of Xcel Power by 120.2% in the course of the 2nd quarter. Federated Hermes Inc. now owns 2,379,615 shares of the corporate’s inventory value $127,095,000 after buying an extra 1,299,025 shares within the final quarter. American Century Corporations Inc. elevated its place in shares of Xcel Power by 130.4% within the second quarter. American Century Corporations Inc. now owns 2,084,345 shares of the corporate’s inventory value $111,325,000 after buying an extra 1,179,823 shares in the course of the interval. Lastly, Zimmer Companions LP raised its stake in Xcel Power by 1,765.0% within the first quarter. Zimmer Companions LP now owns 932,505 shares of the corporate’s inventory valued at $50,122,000 after buying an extra 882,505 shares within the final quarter. Institutional buyers and hedge funds personal 78.38% of the corporate’s inventory.
Xcel Power Value Efficiency
XEL inventory opened at $64.19 on Thursday. The corporate has a market capitalization of $35.67 billion, a P/E ratio of 19.26, a PEG ratio of two.82 and a beta of 0.38. The corporate has a fifty day shifting common worth of $60.31 and a 200-day shifting common worth of $56.15. The corporate has a debt-to-equity ratio of 1.54, a fast ratio of 0.86 and a present ratio of 0.97. Xcel Power Inc. has a 52-week low of $46.79 and a 52-week excessive of $64.95.
Xcel Power (NASDAQ:XEL – Get Free Report) final introduced its earnings outcomes on Thursday, August 1st. The corporate reported $0.54 EPS for the quarter, lacking the consensus estimate of $0.57 by ($0.03). The corporate had income of $3.03 billion for the quarter, in comparison with analyst estimates of $3.29 billion. Xcel Power had a return on fairness of 10.94% and a internet margin of 13.46%. The agency’s quarterly income was up .2% in comparison with the identical quarter final yr. Throughout the identical interval within the earlier yr, the agency posted $0.52 earnings per share. As a gaggle, equities analysts count on that Xcel Power Inc. will submit 3.55 EPS for the present yr.
Xcel Power Will increase Dividend
The corporate additionally not too long ago declared a quarterly dividend, which can be paid on Sunday, October twentieth. Shareholders of document on Friday, September thirteenth can be issued a dividend of $0.548 per share. It is a constructive change from Xcel Power’s earlier quarterly dividend of $0.55. The ex-dividend date of this dividend is Friday, September thirteenth. This represents a $2.19 annualized dividend and a yield of three.41%. Xcel Power’s dividend payout ratio (DPR) is presently 65.77%.
Wall Road Analyst Weigh In
Various brokerages have issued studies on XEL. Jefferies Monetary Group assumed protection on shares of Xcel Power in a analysis word on Thursday, September nineteenth. They set a “maintain” score and a $70.00 worth goal on the inventory. Wells Fargo & Firm upped their goal worth on Xcel Power from $57.00 to $63.00 and gave the inventory an “equal weight” score in a analysis word on Friday, August 2nd. Argus upgraded Xcel Power from a “maintain” score to a “purchase” score and set a $68.00 worth goal on the inventory in a analysis word on Monday, August twenty sixth. UBS Group boosted their worth goal on Xcel Power from $66.00 to $67.00 and gave the inventory a “impartial” score in a report on Friday, September twentieth. Lastly, KeyCorp raised their worth goal on Xcel Power from $65.00 to $66.00 and gave the corporate an “obese” score in a analysis word on Monday, September sixteenth. Eight funding analysts have rated the inventory with a maintain score and 7 have issued a purchase score to the inventory. In response to information from MarketBeat.com, the corporate presently has a median score of “Maintain” and a consensus goal worth of $64.14.
Examine Out Our Newest Evaluation on XEL
Xcel Power Firm Profile
Xcel Power Inc, by means of its subsidiaries, engages within the era, buying, transmission, distribution, and sale of electrical energy. It operates by means of Regulated Electrical Utility, Regulated Pure Fuel Utility, and All Different segments. The corporate generates electrical energy by means of wind, nuclear, hydroelectric, biomass, and photo voltaic power sources, in addition to coal, pure gasoline, oil, wooden, and refuse-derived fuels.
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