Viking Fund Management LLC Decreases Holdings in Xcel Energy Inc. $XEL

robot
Abstract generation in progress

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.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin