Aviva Plc Raised Xcel Energy (XEL) Stake By $777,240; 2 Analysts Bullish ALLETE (ALE)

September 17, 2017 - By marketbeat

Among 5 analysts covering ALLETE Inc (NYSE:ALE), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. ALLETE Inc had 9 analyst reports since October 15, 2015 according to SRatingsIntel. The rating was maintained by Williams Capital Group with “Buy” on Monday, June 19. The firm has “Buy” rating by Wunderlich given on Tuesday, December 8. Wunderlich downgraded ALLETE Inc (NYSE:ALE) rating on Monday, October 19. Wunderlich has “Hold” rating and $54 target. The rating was initiated by Wells Fargo on Thursday, October 15 with “Market Perform”. The firm has “Underweight” rating by JP Morgan given on Wednesday, March 30. The stock has “Buy” rating by Williams Capital Group on Friday, April 21. The firm earned “Neutral” rating on Friday, November 4 by Macquarie Research. As per Tuesday, March 29, the company rating was downgraded by Williams Capital Group. See ALLETE Inc (NYSE:ALE) latest ratings:

19/06/2017 Broker: Williams Capital Group Rating: Buy Old Target: $75.00 New Target: $78.00 Maintain
21/04/2017 Broker: Williams Capital Group Rating: Buy Old Target: $70.00 New Target: $75.00 Maintain

Aviva Plc increased Xcel Energy Inc (XEL) stake by 6.23% reported in 2016Q4 SEC filing. Aviva Plc acquired 19,431 shares as Xcel Energy Inc (XEL)’s stock rose 9.17%. The Aviva Plc holds 331,575 shares with $13.50M value, up from 312,144 last quarter. Xcel Energy Inc now has $24.92 billion valuation. The stock decreased 0.04% or $0.02 on September 15, reaching $49.08. About 3.43 million shares traded or 54.50% up from the average. Xcel Energy Inc (NYSE:XEL) has risen 13.18% since September 17, 2016 and is uptrending. It has underperformed by 3.52% the S&P500.

The stock increased 0.27% or $0.21 on September 15, reaching $78.41. About 405,492 shares traded or 111.10% up from the average. ALLETE Inc (NYSE:ALE) has risen 26.32% since September 17, 2016 and is uptrending. It has outperformed by 9.62% the S&P500.

ALLETE, Inc. is an energy company. The Company’s divisions include Regulated Operations, ALLETE Clean Energy, Inc. , U.S. The company has market cap of $4.00 billion. Water Services Holding Company (U.S. It has a 23.08 P/E ratio. Water Services), and Corporate and Other.

Since May 9, 2017, it had 0 insider buys, and 1 insider sale for $139,340 activity. DeVinck Steven Q sold $139,340 worth of stock.

Investors sentiment decreased to 1.31 in 2016 Q4. Its down 0.52, from 1.83 in 2016Q3. It turned negative, as 21 investors sold ALLETE Inc shares while 76 reduced holdings. 34 funds opened positions while 68 raised stakes. 34.69 million shares or 1.00% less from 35.04 million shares in 2016Q3 were reported. Breton Hill Cap invested in 0.07% or 4,569 shares. Federated Invsts Pa has 0% invested in ALLETE Inc (NYSE:ALE). American Intll Gp has invested 0.01% in ALLETE Inc (NYSE:ALE). Prudential Financial invested in 0.01% or 99,052 shares. Deroy And Devereaux Private Invest Counsel holds 253,869 shares. 32,285 are held by Nuveen Asset Mgmt Limited Liability Com. 113,002 were reported by Ny State Teachers Retirement Sys. Pacad Ltd reported 1,800 shares. Rothschild Asset Mgmt Incorporated holds 0.2% of its portfolio in ALLETE Inc (NYSE:ALE) for 242,686 shares. First Tru Advsr L P owns 0.07% invested in ALLETE Inc (NYSE:ALE) for 348,153 shares. 167,749 were reported by Wells Fargo Mn. Blackrock Investment Management Ltd Liability Co holds 0.02% of its portfolio in ALLETE Inc (NYSE:ALE) for 269,015 shares. Magnetar Financial Ltd Liability Corporation reported 5,335 shares. Next Finance Gru holds 0% of its portfolio in ALLETE Inc (NYSE:ALE) for 25 shares. Riverhead Cap Management Lc reported 0.01% in ALLETE Inc (NYSE:ALE).

Investors sentiment increased to 1.23 in 2016 Q4. Its up 0.01, from 1.22 in 2016Q3. It increased, as 35 investors sold XEL shares while 183 reduced holdings. 70 funds opened positions while 175 raised stakes. 353.97 million shares or 2.29% more from 346.05 million shares in 2016Q3 were reported. Pictet Asset Mgmt Ltd reported 0.44% in Xcel Energy Inc (NYSE:XEL). Gabelli Funds Ltd Liability has 504,000 shares for 0.12% of their portfolio. Sfmg Ltd Llc owns 7,600 shares or 0.07% of their US portfolio. Moreover, Fdx Advisors has 0.01% invested in Xcel Energy Inc (NYSE:XEL). First Dallas Securities invested 1.64% of its portfolio in Xcel Energy Inc (NYSE:XEL). Travelers Cos reported 192,000 shares stake. Duff Phelps Invest Management Communications, Illinois-based fund reported 2.11M shares. 1St holds 0.03% or 5,150 shares. Stifel Financial Corporation holds 0.01% or 43,741 shares in its portfolio. First Midwest Bank & Trust Tru Division holds 10,330 shares or 0.05% of its portfolio. Dorsey & Whitney Trust Lc invested 0.28% of its portfolio in Xcel Energy Inc (NYSE:XEL). Martingale Asset Management Ltd Partnership has invested 0.02% in Xcel Energy Inc (NYSE:XEL). Lazard Asset Ltd Liability Corporation reported 0.08% stake. Gw Henssler & Associate has invested 0.36% in Xcel Energy Inc (NYSE:XEL). The Japan-based Norinchukin Savings Bank The has invested 0.03% in Xcel Energy Inc (NYSE:XEL).

Aviva Plc decreased Amgen Inc (NASDAQ:AMGN) stake by 4,451 shares to 677,826 valued at $99.14M in 2016Q4. It also reduced Priceline Com Inc (NASDAQ:PCLN) stake by 4,477 shares and now owns 32,648 shares. Synopsys Inc (NASDAQ:SNPS) was reduced too.

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