Retirement Planning Group buys $707,022 stake in Great Plains Energy Incorporated (GXP)

Great Plains Energy Incorporated (GXP) : Retirement Planning Group scooped up 3,215 additional shares in Great Plains Energy Incorporated during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 24,313 shares of Great Plains Energy Incorporated which is valued at $707,022.Great Plains Energy Incorporated makes up approximately 0.24% of Retirement Planning Group’s portfolio.

Other Hedge Funds, Including , State Treasurer State Of Michigan boosted its stake in GXP in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 62,010 shares of Great Plains Energy Incorporated which is valued at $1,803,251. Great Plains Energy Incorporated makes up approx 0.01% of State Treasurer State Of Michigan’s portfolio. Quantbot Technologies Lp added GXP to its portfolio by purchasing 85,983 company shares during the most recent quarter which is valued at $2,500,386. Great Plains Energy Incorporated makes up approx 0.26% of Quantbot Technologies Lp’s portfolio. Robeco Institutional Asset Management B.v. added GXP to its portfolio by purchasing 10,026 company shares during the most recent quarter which is valued at $305,592.Weaver C. Barksdale Associates boosted its stake in GXP in the latest quarter, The investment management firm added 60 additional shares and now holds a total of 386 shares of Great Plains Energy Incorporated which is valued at $11,916. Great Plains Energy Incorporated makes up approx 0.02% of Weaver C. Barksdale Associates’s portfolio.Marshwinds Advisory Co reduced its stake in GXP by selling 600 shares or 1.66% in the most recent quarter. The Hedge Fund company now holds 35,477 shares of GXP which is valued at $1,106,882. Great Plains Energy Incorporated makes up approx 0.54% of Marshwinds Advisory Co’s portfolio.

Great Plains Energy Incorporated closed down -0.18 points or -0.63% at $28.39 with 25,14,790 shares getting traded on Monday. Post opening the session at $28.5, the shares hit an intraday low of $28.35 and an intraday high of $28.76 and the price fluctuated in this range throughout the day.Shares ended Monday 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.

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).

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