Quantbot Buys $6.1M Stake in Xcel Energy as Revenue Slows
Quantbot bought 75,920 shares of Xcel Energy worth about $6.1M, adding a new institutional holder as the utility posts softer revenue. Xcel reported $0.93 EPS for the quarter ended July 29, above the $0.79 consensus, supporting a 3.1% yield. Analysts remain split after target trims while keeping bullish ratings.