UBS Group AG Has $175.06 Million Position in Xcel Energy Inc. $XEL

UBS Group AG has significantly reduced its stake in Xcel Energy Inc. by 20.9% in the fourth quarter, now holding 2,370,093 shares valued at approximately $175.06 million, representing about 0.40% of the company. Despite this reduction, analyst sentiment remains largely positive with a “Buy” rating and an average price target of $90.88 for Xcel Energy. The company also increased its quarterly dividend, offering an annualized dividend of $2.37, which translates to a 3.0% yield.

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