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Xcel Energy (NYSE:XEL) announced a quarterly dividend on Wednesday, August 20th, Stock Ratings Network reports. Shareholders of record on Thursday, September 18th will be paid a dividend of 0.30 per share on Monday, October 20th. This represents a $1.20 annualized dividend and a dividend yield of 3.83%.

On the ratings front, analysts at Jefferies Group reiterated a “buy” rating on shares of Xcel Energy in a research note on Friday, August 1st. They now have a $34.50 price target on the stock, down previously from $36.00. Two equities research analysts have rated the stock with a sell rating and one has assigned a buy rating to the company’s stock. Xcel Energy currently has an average rating of “Hold” and an average price target of $31.30.

Shares of Xcel Energy (NYSE:XEL) traded down 0.41% during mid-day trading on Wednesday, hitting $31.23. The stock had a trading volume of 552,476 shares. Xcel Energy has a 1-year low of $26.90 and a 1-year high of $32.37. The stock’s 50-day moving average is $31.25 and its 200-day moving average is $30.6. The company has a market cap of $15.783 billion and a price-to-earnings ratio of 16.17.

Xcel Energy (NYSE:XEL) last released its earnings data on Thursday, July 31st. The company reported $0.39 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.41 by $0.02. The company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter last year, the company posted $0.40 earnings per share. Xcel Energy’s revenue was up 4.1% compared to the same quarter last year. Analysts expect that Xcel Energy will post $2.01 EPS for the current fiscal year.

Xcel Energy Inc is a holding company with subsidiaries engaged primarily in the utility business. During the year ended December 31, 2012, the Company’s operations included the activity of four wholly owned utility subsidiaries that serve electric and natural gas customers in eight states.

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