Great Plains Energy Incorporated (GXP) : Btr Capital Management Inc added new position in Great Plains Energy Incorporated during the most recent quarter end. The investment management firm now holds 13,000 shares of Great Plains Energy Incorporated which is valued at $353,210 , the company said in a statement filed on Oct 14, 2016 with the SEC.Great Plains Energy Incorporated makes up approximately 0.08% of Btr Capital Management Inc’s portfolio.
Other Hedge Funds, Including , First Premier Bank boosted its stake in GXP in the latest quarter, The investment management firm added 269 additional shares and now holds a total of 2,660 shares of Great Plains Energy Incorporated which is valued at $72,778. Great Plains Energy Incorporated makes up approx 0.06% of First Premier Bank’s portfolio.Capstone Asset Management Co reduced its stake in GXP by selling 560 shares or 3.46% in the most recent quarter. The Hedge Fund company now holds 15,612 shares of GXP which is valued at $417,465. Great Plains Energy Incorporated makes up approx 0.01% of Capstone Asset Management Co’s portfolio.Raymond James Trust N.a. reduced its stake in GXP by selling 2,295 shares or 15.82% in the most recent quarter. The Hedge Fund company now holds 12,213 shares of GXP which is valued at $331,094. Great Plains Energy Incorporated makes up approx 0.03% of Raymond James Trust N.a.’s portfolio.
Great Plains Energy Incorporated closed down -0.19 points or -0.69% at $27.17 with 26,78,586 shares getting traded on Friday. Post opening the session at $27.3, the shares hit an intraday low of $27.055 and an intraday high of $27.455 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Great Plains Energy Incorporated reported $0.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.13 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.42.Analysts expectations of $ 659.42.During the same quarter in the previous year, the company posted $0.28 EPS.
Many Wall Street Analysts have commented on Great Plains Energy Incorporated. Great Plains Energy Incorporated was Upgraded by BofA/Merrill to ” Buy” on Oct 3, 2016.
Great Plains Energy Incorporated (Great Plains Energy) is a public utility holding company. The Company does not own or operate any assets other than the stock of its subsidiaries. The Company’s wholly owned direct subsidiaries with operations include Kansas City Power & Light Company (KCP&L) and KCP&L Greater Missouri Operations Company (GMO). KCP&L is an integrated regulated electric utility that provides electricity to customers primarily in the states of Missouri and Kansas. KCP&L has one active wholly owned subsidiary Kansas City Power & Light Receivables Company (KCP&L Receivables Company). GMO is an integrated regulated electric utility that provides electricity to customers in the state of Missouri. GMO also provides regulated steam service to certain customers in the St. Joseph Missouri area. GMO has two active wholly owned subsidiaries GMO Receivables Company and MPS Merchant Services Inc. (MPS Merchant).