<div id="readability-page-1"><p>RWC Asset Management LLP increased its holdings in  Xcel Energy Inc. (NASDAQ:XEL - Free Report) by 48.1% in the 3rd quarter, according to its most recent disclosure with the Securities &amp; Exchange Commission. The institutional investor  owned 197,225 shares of the company's stock after purchasing an additional 64,016 shares during the period. RWC Asset Management LLP's holdings in Xcel Energy were worth $15,906,000 at the end of the most recent quarter.</p><ul><li>3 Utilities Plays You Can Lean on During Volatility</li></ul><p>A number of other institutional investors also recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC increased its position in shares of  Xcel Energy by 35.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 35,803 shares of the company's stock worth $2,438,000 after purchasing an additional 9,355 shares in the last quarter.  Balyasny Asset Management L.P. increased its holdings in shares of  Xcel Energy by 2,324.9% during the second quarter. Balyasny Asset Management L.P. now owns 1,716,351 shares of the company's stock worth $116,884,000 after buying an additional 1,645,571 shares in the last quarter.  Jump Financial LLC bought a new position in shares of  Xcel Energy in the second quarter valued at approximately $9,196,000.  Nordea Investment Management AB boosted its holdings in shares of  Xcel Energy by 10.3% in the 2nd quarter. Nordea Investment Management AB now owns 3,211,081 shares of the company's stock worth $216,042,000 after acquiring an additional 299,484 shares in the last quarter.  Finally, VCI Wealth Management LLC acquired a new position in shares of  Xcel Energy in the 3rd quarter worth approximately $1,176,000. 78.38% of the stock is owned by institutional investors and hedge funds. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of research firms have commented on XEL. Morgan Stanley  reissued an &#34;underperform&#34; rating and issued a $84.00 price objective on shares of Xcel Energy in a research note on Thursday, November 20th. Weiss Ratings raised shares of Xcel Energy from a &#34;hold (c+)&#34; rating to a &#34;buy (b-)&#34; rating in a report on Friday, October 24th. Argus raised shares of Xcel Energy to a &#34;strong-buy&#34; rating in a research note on Wednesday, December 3rd. Bank of America upped their target price on shares of Xcel Energy from $78.00 to $84.00 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, September 25th. Finally, UBS Group decreased their price target on shares of Xcel Energy from $86.00 to $81.00 and set a &#34;neutral&#34; rating on the stock in a research note on Wednesday, December 17th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, one  has issued  a Hold rating and one  has issued  a Sell rating to the company's stock. According to data from MarketBeat, the stock  has a consensus rating of &#34;Buy&#34; and a consensus price target of $87.21.</p><ul><li>Powering Your Portfolio: The Utility Sector's Electrifying Surge</li></ul><p><b>Get Our Latest Research Report on Xcel Energy</b></p><h2>Xcel Energy Stock Down 0.4%</h2><p>Xcel Energy stock opened at $74.00 on Tuesday. The company's 50 day simple moving average is $77.09 and its 200 day simple moving average is $75.36. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.79 and a quick ratio of 0.69. The firm has a market capitalization of $43.77 billion, a price-to-earnings ratio of 22.56, a PEG ratio of 2.03 and a beta of 0.46. Xcel Energy Inc. has a fifty-two week low of $63.13 and a fifty-two week high of $83.01. </p><ul><li>Are defensive sectors ready to outshine growth in 2024?</li></ul><p>Xcel Energy (NASDAQ:XEL - Get Free Report) last released its quarterly earnings data on Wednesday, October 29th. The company reported $1.24 EPS for the quarter, missing analysts' consensus estimates of $1.32 by ($0.08). The firm had revenue of $3.92 billion during the quarter, compared to the consensus estimate of $3.89 billion. Xcel Energy had a net margin of 13.46% and a return on equity of 10.45%. Xcel Energy's quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.25 EPS.  As a group, sell-side analysts anticipate that  Xcel Energy Inc. will post 3.82 EPS for the current year. </p><h2>Xcel Energy Announces Dividend</h2><p>The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 20th. Stockholders of record on Monday, December 29th will be issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Monday, December 29th. Xcel Energy's payout ratio is 69.51%. </p><h2>Xcel Energy Profile</h2> (Free Report)<p>Xcel Energy <span>NASDAQ: XEL<span></span></span> is a Minneapolis-based, publicly traded utility holding company that develops, owns and operates regulated electricity and natural gas delivery systems. The company's core activities include generation, transmission and distribution of electricity, the delivery of natural gas to customers, and related customer service operations. Xcel provides a mix of utility services to residential, commercial and industrial customers and participates in wholesale energy markets where appropriate.  </p><p>Its generation portfolio combines nuclear, natural gas, coal and a growing share of renewable resources such as wind and solar.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Xcel Energy</li><li>Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>A U.S. “birthright” claim worth trillions - activated quietly</li><li>Ticker Revealed: Pre-IPO Access to &#34;Next Elon Musk&#34; Company</li><li>This stock gets a 94 out of 100</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9WEVM?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9WEVM"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Xcel Energy Right Now?</h2><p>Before you consider Xcel Energy, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Xcel Energy wasn't on the list.</p><p>While Xcel Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>RWC Asset Management LLP increased its stake in Xcel Energy Inc. (NASDAQ:XEL) by 48.1% in Q3, owning 197,225 shares valued at $15.91 million. Other institutional investors also adjusted their positions, with significant increases from Sequoia Financial Advisors and Balyasny Asset Management. Xcel Energy's stock has a consensus rating of "Buy" with a target price of $87.21. The company reported a quarterly EPS of $1.24, missing estimates, and announced a dividend of $0.57 per share, payable on January 20th.</p>

RWC Asset Management LLP Has $15.91 Million Position in Xcel Energy Inc. $XEL