Northwestern Mutual Wealth trims Xcel Energy stake as earnings beat
Northwestern Mutual Wealth Management Co. sold 50,888 shares of Xcel Energy, leaving it with 82,803 shares after the period. The stock also drew updated research coverage, with multiple firms assigning buy ratings and price targets. Xcel Energy reported quarterly EPS of $0.93, topping the $0.79 consensus, and listed a 64.93% dividend payout ratio.