According to the most recent Form 13F filing that Benjamin F. Edwards & Company Inc. made with the Securities and Exchange Commission, the company’s holdings in Xcel Energy Inc. (NASDAQ: XEL) were reduced by 65.3% during the third quarter. Following the transaction during that period, in which 19,594 company stock was sold, the organization had 10,394 shares of the company’s stock. During the most recent accounting period, it was determined that Benjamin F. Edwards & Company, Inc. had Xcel Energy holdings worth a total of $665,000.
Several other institutional investors have recently been very active in the market, buying and selling XEL shares. Acadian Asset Management LLC shelled out approximately 302,000 dollars during the first three months of the year to purchase additional shares in Xcel Energy. During the first three months of 2019, the value of Dimensional Fund Advisors LP’s holdings in Xcel Energy increased by 8.6%. After making an additional purchase of 104,140 shares during the most recent quarter, Dimensional Fund Advisors LP now holds a total of 1,318,573 shares of the company’s stock in its portfolio. The value of these shares places a value of $95,163,000 on the stock of the company. In addition, Prudential PLC purchased a new Xcel Energy investment valued at $1,385,000 during the year’s first three months. Cetera Investment Advisers increased the amount of Xcel Energy stock it owned during the first three months of the year, bringing the total percentage to 12.9%. The total value of Cetera Investment Advisers’ holdings in the company has increased to 33,591 shares, equal to $2,424,000. This is because, during the most recent quarter, an additional 3,836 shares were purchased, bringing the total number of shares owned by the firm to 34. And finally, Sequoia Financial Advisors LLC increased the amount of Xcel Energy stock it owned by 8.8 percentage points over the year’s first three months. Over the most recent quarter, Sequoia Financial Advisors LLC increased its holdings in the company’s stock by 304 shares, bringing the total number of shares it owns to 304. Each share currently has a market value of $272,000. To the tune of 77.15 percent, the shares of stock are owned by hedge funds and various other institutional investors.
Furthermore, on November 16th, Senior Vice President and General Counsel Frank P. Prager sold 1,138 shares of the company’s stock, bringing the total up to $77,930. A total of $24 worth of stock was sold at an average price of $68.48 per share, resulting in a total sale of $24. Following the completion of the transaction, the senior vice president now has direct control over 28,036 company shares, which, based on their most recent valuation, total approximately $1,919,905.28. You might find a legal file that elaborates on the transaction on the Securities and Exchange Commission (SEC) website. Employees and other company insiders hold only 0.05 percent of the total company stock.
This past Friday, trading in XEL shares began for $71.95 per individual share. The price of Xcel Energy Inc. hit a low of $56.89 over the past year, while it reached a high of $77.66 over the same period. The price of the stock’s simple moving average over the past 200 days is $69.32, whereas the price of the stock’s simple moving average over the past 50 days is $69.53. Both prices are in US dollars. The organization has a debt-to-equity ratio of 1.42, a quick ratio of 0.86, and a current ratio of 1.04. A market cap of $39.37 billion, a PE ratio of 23.51, a price-to-earnings-growth ratio of 3.31,