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Viking Fund Management LLC Decreases Holdings in Xcel Energy Inc. $XEL
Viking Fund Management LLC reduced its stake in Xcel Energy Inc. (NASDAQ:XEL) by 13.6% in the fourth quarter, selling 30,000 shares to hold 190,000 shares valued at approximately $14.03 million. Despite several analysts lowering their price targets for Xcel Energy, the consensus rating remains a “Buy” with an average price target of $88.44. Xcel Energy also recently increased its quarterly dividend to $0.5925 per share, offering a 3.0% yield.