Great Plains Energy INC (GXP) Stock Value Rose While Vaughan David Investments INC Has Cut Holding

March 20, 2018 - By Henry Gaston

Investors sentiment is 1.13 in 2017 Q3. Its the same as in 2017Q2. It is without change, as 41 investors sold GXP shares while 95 reduced holdings. only 51 funds opened positions while 103 raised stakes. 183.40 million shares or 0.31% less from 183.97 million shares in 2017Q2 were reported. Raymond James Financial Services Advsr Inc has 55,659 shares. Hancock Hldg has 471,073 shares. Paragon Cap Mgmt holds 0.11% of its portfolio in Great Plains Energy Incorporated (NYSE:GXP) for 9,599 shares. Reilly Advsr Limited Liability Corp accumulated 86 shares or 0% of the stock. Hallmark Management Inc holds 1.99% of its portfolio in Great Plains Energy Incorporated (NYSE:GXP) for 522,978 shares. Weaver C Barksdale & Associates reported 456 shares or 0.02% of all its holdings. Marshwinds Advisory Com reported 31,277 shares. Jennison Assoc Llc reported 3.97 million shares or 0.12% of all its holdings. Prudential Public Limited Co owns 13,500 shares. Whittier holds 150 shares or 0% of its portfolio. Moreover, Bridgecreek Inv Mgmt Limited Liability Corp has 1.05% invested in Great Plains Energy Incorporated (NYSE:GXP) for 128,140 shares. California State Teachers Retirement Systems holds 366,115 shares or 0.02% of its portfolio. Twin Tree Mngmt Lp reported 52,546 shares. Vaughan David Il invested in 1.71% or 245,712 shares. Paloma Prtnrs Mgmt stated it has 237,089 shares or 0.1% of all its holdings.

Vaughan David Investments Inc decreased its stake in Great Plains Energy Inc (GXP) by 37.68% based on its latest 2017Q3 regulatory filing with the SEC. Vaughan David Investments Inc sold 148,567 shares as the company’s stock rose 1.39% with the market. The institutional investor held 245,712 shares of the central company at the end of 2017Q3, valued at $34.83M, down from 394,279 at the end of the previous reported quarter. Vaughan David Investments Inc who had been investing in Great Plains Energy Inc for a number of months, seems to be less bullish one the $6.54 billion market cap company. The stock decreased 0.74% or $0.225 during the last trading session, reaching $30.365. About 319,872 shares traded. Great Plains Energy Incorporated (NYSE:GXP) has declined 7.52% since March 20, 2017 and is downtrending. It has underperformed by 24.22% the S&P500.

Vaughan David Investments Inc, which manages about $1.81B and $2.04 billion US Long portfolio, upped its stake in Vanguard Extended Market Etf (VXF) by 338,142 shares to 340,311 shares, valued at $22.38M in 2017Q3, according to the filing. It also increased its holding in Charter Communications (New) by 49,375 shares in the quarter, for a total of 50,076 shares, and has risen its stake in S&P Global Inc.

Analysts await Great Plains Energy Incorporated (NYSE:GXP) to report earnings on May, 3. They expect $0.14 EPS, up 7.69 % or $0.01 from last year’s $0.13 per share. GXP’s profit will be $30.17 million for 54.22 P/E if the $0.14 EPS becomes a reality. After $0.13 actual EPS reported by Great Plains Energy Incorporated for the previous quarter, Wall Street now forecasts 7.69 % EPS growth.

Great Plains Energy Incorporated (NYSE:GXP) Ratings Coverage

Among 14 analysts covering Great Plains Energy (NYSE:GXP), 7 have Buy rating, 0 Sell and 7 Hold. Therefore 50% are positive. Great Plains Energy has $55.0 highest and $26 lowest target. $34.71’s average target is 14.31% above currents $30.365 stock price. Great Plains Energy had 31 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was maintained by SunTrust on Sunday, January 28 with “Hold”. The rating was downgraded by Goldman Sachs to “Neutral” on Monday, October 19. JP Morgan maintained the stock with “Neutral” rating in Friday, March 11 report. The company was upgraded on Monday, October 3 by Bank of America. The firm earned “Buy” rating on Monday, August 10 by Zacks. As per Tuesday, July 11, the company rating was upgraded by J.P. Morgan. The stock of Great Plains Energy Incorporated (NYSE:GXP) earned “Hold” rating by SunTrust on Monday, October 23. The stock has “Neutral” rating by Bank of America on Tuesday, January 12. The stock has “Hold” rating by SunTrust on Tuesday, January 16. The firm has “Buy” rating by Argus Research given on Monday, November 30.

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