Trending Stock News

Old Mutual Global Investors Uk LTD Has Trimmed Xcel Energy (XEL) Stake By $38.15 Million; Pennantpark Investment (PNNT) Has 1.15 Sentiment

Xcel Energy Inc. (NASDAQ:XEL) Logo

Old Mutual Global Investors Uk Ltd decreased Xcel Energy Inc (XEL) stake by 90.83% reported in 2018Q1 SEC filing. Old Mutual Global Investors Uk Ltd sold 847,695 shares as Xcel Energy Inc (XEL)’s stock rose 1.46%. The Old Mutual Global Investors Uk Ltd holds 85,620 shares with $3.89 million value, down from 933,315 last quarter. Xcel Energy Inc now has $22.19 billion valuation. The stock increased 0.62% or $0.27 during the last trading session, reaching $43.6. About 2.00 million shares traded. Xcel Energy Inc. (NYSE:XEL) has declined 4.38% since June 18, 2017 and is downtrending. It has underperformed by 16.95% the S&P500. Some Historical XEL News: ; 02/05/2018 – Xcel Energy to Webcast Annual Shareholders Meeting; 29/03/2018 – FITCH AFFIRMS XCEL ENERGY, SUBS’ RATINGS; OUTLOOK STABLE; 02/05/2018 – Westinghouse Wins Fuel Contract Extension for Xcel Energy’s Prairie Island Nuclear Generating Plant; 16/03/2018 – DEEP ECO: Xcel Energy May Benefit, Industry Best in 22.5 Yrs; 17/04/2018 – Xcel Energy: Brett Carter Named Chief Customer and Innovation Officer; 17/04/2018 – Xcel Energy Announces Leadership Changes; 17/04/2018 – DEEP ECO: Xcel Energy May Benefit, Industry Rises This Quarter; 26/04/2018 – XCEL ENERGY 1Q EARNINGS CALL ENDS; 20/04/2018 – Xcel Energy Won’t Participate in Related Efforts to Form Regional Transmission Organization in Rocky Mountain West; 26/04/2018 – XCEL CEO BEN FOWKE COMMENTS ON CALL

Pennantpark Investment Corp (PNNT) investors sentiment decreased to 1.15 in Q1 2018. It’s down -0.03, from 1.18 in 2017Q4. The ratio has worsened, as 46 active investment managers increased and started new holdings, while 40 reduced and sold their positions in Pennantpark Investment Corp. The active investment managers in our database now hold: 28.25 million shares, up from 26.98 million shares in 2017Q4. Also, the number of active investment managers holding Pennantpark Investment Corp in top ten holdings was flat from 1 to 1 for the same number . Sold All: 12 Reduced: 28 Increased: 34 New Position: 12.

Since April 30, 2018, it had 0 insider buys, and 2 sales for $3.90 million activity. WOLF TIMOTHY V also sold $142,809 worth of Xcel Energy Inc. (NASDAQ:XEL) shares. $3.76 million worth of Xcel Energy Inc. (NASDAQ:XEL) was sold by FOWKE BENJAMIN G S III on Monday, April 30.

Old Mutual Global Investors Uk Ltd increased S&P Global Inc stake by 9,996 shares to 41,020 valued at $7.84 million in 2018Q1. It also upped Essent Group Ltd (NYSE:ESNT) stake by 423,648 shares and now owns 1.08M shares. Price T Rowe Group Inc (NASDAQ:TROW) was raised too.

Analysts await Xcel Energy Inc. (NASDAQ:XEL) to report earnings on July, 26. They expect $0.47 earnings per share, up 4.44% or $0.02 from last year’s $0.45 per share. XEL’s profit will be $239.16M for 23.19 P/E if the $0.47 EPS becomes a reality. After $0.57 actual earnings per share reported by Xcel Energy Inc. for the previous quarter, Wall Street now forecasts -17.54% negative EPS growth.

Among 15 analysts covering Xcel Energy Inc. (NYSE:XEL), 4 have Buy rating, 1 Sell and 10 Hold. Therefore 27% are positive. Xcel Energy Inc. had 61 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Overweight” rating by JP Morgan given on Thursday, June 16. Jefferies downgraded Xcel Energy Inc. (NASDAQ:XEL) on Friday, October 16 to “Hold” rating. SunTrust maintained Xcel Energy Inc. (NASDAQ:XEL) on Monday, September 26 with “Neutral” rating. The rating was maintained by Morgan Stanley with “Overweight” on Monday, April 16. The firm has “Neutral” rating by SunTrust given on Monday, March 7. The firm has “Hold” rating by RBC Capital Markets given on Monday, July 31. Morgan Stanley upgraded the stock to “Overweight” rating in Tuesday, February 13 report. The stock of Xcel Energy Inc. (NASDAQ:XEL) has “Hold” rating given on Friday, April 28 by Jefferies. The stock of Xcel Energy Inc. (NASDAQ:XEL) has “Hold” rating given on Monday, February 5 by SunTrust. On Friday, June 9 the stock rating was maintained by Jefferies with “Hold”.

More news for Xcel Energy Inc. (NASDAQ:XEL) were recently published by: Seekingalpha.com, which released: “Xcel Energy: A Slam Dunk Decision” on June 14, 2018. Seekingalpha.com‘s article titled: “Stocks To Watch: Focus On E3, IHOP/b And The World Cup” and published on June 09, 2018 is yet another important article.

Investors sentiment decreased to 0.96 in Q1 2018. Its down 0.29, from 1.25 in 2017Q4. It dropped, as 47 investors sold XEL shares while 198 reduced holdings. 57 funds opened positions while 178 raised stakes. 370.41 million shares or 0.81% more from 367.42 million shares in 2017Q4 were reported. Gabelli Funds Ltd Liability Corporation holds 0.13% in Xcel Energy Inc. (NASDAQ:XEL) or 490,000 shares. Cibc Ww Markets holds 201,644 shares. Clinton Grp holds 0.05% of its portfolio in Xcel Energy Inc. (NASDAQ:XEL) for 11,027 shares. Convergence Investment Ltd invested in 1,094 shares. Thomas White Limited, a Illinois-based fund reported 17,658 shares. Ontario – Canada-based Sun Life has invested 0% in Xcel Energy Inc. (NASDAQ:XEL). Gemmer Asset Mgmt Ltd Llc holds 463 shares or 0.01% of its portfolio. Art Advisors Ltd Llc holds 0.15% or 80,200 shares in its portfolio. Old Republic Int owns 1.08M shares. Employees Retirement Association Of Colorado has invested 0.03% in Xcel Energy Inc. (NASDAQ:XEL). State Of Wisconsin Board holds 0.06% or 443,840 shares in its portfolio. Koshinski Asset Mngmt Incorporated reported 20,787 shares. Accredited Incorporated owns 6,685 shares. Eqis Cap Management invested in 5,432 shares or 0.01% of the stock. Chevy Chase Tru stated it has 429,964 shares or 0.09% of all its holdings.

More news for PennantPark Investment Corporation (NASDAQ:PNNT) were recently published by: Seekingalpha.com, which released: “TCG BDC Inc.: 9% Dividend Yield With Upside For Rising Interest Rates” on June 01, 2018. Seekingalpha.com‘s article titled: “This 11.2% Yielding BDC Is Ready For Shareholder Activism” and published on May 30, 2018 is yet another important article.

Ratings analysis reveals 75% of Pennant Investment’s analysts are positive. Out of 4 Wall Street analysts rating Pennant Investment, 3 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $8.0 while the high is $10.0. The stock’s average target of $8.67 is 21.94% above today’s ($7.11) share price. PNNT was included in 4 notes of analysts from August 6, 2015. The stock of PennantPark Investment Corporation (NASDAQ:PNNT) has “Mkt Perform” rating given on Wednesday, November 23 by FBR Capital. The stock of PennantPark Investment Corporation (NASDAQ:PNNT) has “Buy” rating given on Thursday, August 6 by MLV. The stock of PennantPark Investment Corporation (NASDAQ:PNNT) has “Buy” rating given on Wednesday, September 30 by DA Davidson. The rating was upgraded by Ladenburg Thalmann to “Buy” on Tuesday, November 22.

Analysts await PennantPark Investment Corporation (NASDAQ:PNNT) to report earnings on August, 6. They expect $0.17 EPS, down 5.56% or $0.01 from last year’s $0.18 per share. PNNT’s profit will be $12.08 million for 10.46 P/E if the $0.17 EPS becomes a reality. After $0.19 actual EPS reported by PennantPark Investment Corporation for the previous quarter, Wall Street now forecasts -10.53% negative EPS growth.

PennantPark Investment Corporation specializes in direct and mezzanine investments in middle market companies. The company has market cap of $505.24 million. It invests in the form of mezzanine debt, senior secured loans, and equity investments. It has a 8.19 P/E ratio. The fund typically invests in building and real estate, hotels and gaming, electronics, healthcare, education and childcare, financial services, printing and publishing, consumer products, business services, energy and utilities, distribution, gas and oil, media, environmental services, aerospace and defense, manufacturing industries and retail.

Signia Capital Management Llc holds 4.37% of its portfolio in PennantPark Investment Corporation for 644,317 shares. Greenwich Investment Management Inc. owns 546,950 shares or 4.34% of their US portfolio. Moreover, Muzinich & Co. Inc. has 2.64% invested in the company for 2.36 million shares. The Illinois-based West Family Investments Inc. has invested 1.7% in the stock. Taylor Frigon Capital Management Llc, a California-based fund reported 134,385 shares.

The stock decreased 0.56% or $0.04 during the last trading session, reaching $7.11. About 177,584 shares traded. PennantPark Investment Corporation (PNNT) has declined 1.87% since June 18, 2017 and is downtrending. It has underperformed by 14.44% the S&P500. Some Historical PNNT News: ; 09/05/2018 – PENNANTPARK INVESTMENT CORP – EXPECTS REPURCHASE PROGRAM TO REMAIN IN PLACE UNTIL EARLIER OF MAY 8, 2019; 09/05/2018 – PennantPark Investment Corp Announces $30M Stk Repurchase Program; 09/05/2018 – PENNANTPARK INVESTMENT 2Q INVESTMENT EPS 19C, EST. 18C; 05/03/2018 Fitch Affirms PennantPark at ‘BBB-‘; Outlook Remains Negative; 05/03/2018 – PennantPark Investment Corporation Announces Quarterly Distribution of $0.18 per Share; 05/04/2018 – PennantPark Investment at Company Marketing Hosted By Janney; 03/04/2018 – PennantPark Investment Access Event Set By Janney for Apr. 5; 09/05/2018 – PENNANTPARK INVESTMENT CORP QTRLY NET ASSET VALUE PER SHARE $ 9.00; 09/05/2018 – PennantPark Investment 2Q Net Asset Value $9/Share; 09/05/2018 – PENNANTPARK INVESTMENT 2Q INVESTMENT EPS 19C

PennantPark Investment Corporation (NASDAQ:PNNT) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *