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Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 22,327 Shares of Xcel Energy Inc. $XEL
Empirical Financial Services LLC d.b.a. Empirical Wealth Management significantly reduced its stake in Xcel Energy Inc. (NASDAQ:XEL) by selling 22,327 shares, decreasing its position by 80.0% in the third quarter. Despite this, other major institutional investors like Vanguard Group Inc., State Street Corp, Bank of America Corp DE, JPMorgan Chase & Co., and Massachusetts Financial Services Co. MA increased their holdings in the utility company during the same period. Xcel Energy’s stock performance and financial metrics, including a recent dividend announcement and analyst upgrades, are also highlighted in the report.