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Matrix Trust Co Buys Shares of 17,736 Xcel Energy Inc. $XEL
Matrix Trust Co has acquired a new position of 17,736 shares in Xcel Energy Inc., valued at approximately $1.31 million, increasing institutional ownership to 78.38%. Xcel Energy reported Q4 EPS of $0.96 and revenue of $3.56 billion, and recently increased its quarterly dividend to $0.5925 per share. Analysts have a consensus “Buy” rating for Xcel Energy with an average target price of $88.44.