95,782 Shares in Great Plains Energy Inc (GXP) Acquired by Capital Analysts LLC

Capital Analysts LLC purchased a new position in Great Plains Energy Inc (NYSE:GXP) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 95,782 shares of the company’s stock, valued at approximately $2,620,000. Capital Analysts LLC owned about 0.06% of Great Plains Energy as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. BlackRock Fund Advisors increased its position in shares of Great Plains Energy by 20.5% in the third quarter. BlackRock Fund Advisors now owns 10,099,992 shares of the company’s stock valued at $275,629,000 after buying an additional 1,717,362 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its position in shares of Great Plains Energy by 24.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 5,782,071 shares of the company’s stock valued at $157,793,000 after buying an additional 1,149,431 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Great Plains Energy by 20.8% in the third quarter. Bank of New York Mellon Corp now owns 4,927,555 shares of the company’s stock valued at $134,473,000 after buying an additional 846,985 shares during the last quarter. Boston Partners increased its position in shares of Great Plains Energy by 8.2% in the third quarter. Boston Partners now owns 4,683,170 shares of the company’s stock valued at $127,803,000 after buying an additional 356,659 shares during the last quarter. Finally, FMR LLC increased its position in shares of Great Plains Energy by 19.3% in the fourth quarter. FMR LLC now owns 4,320,307 shares of the company’s stock valued at $118,161,000 after buying an additional 700,407 shares during the last quarter. 90.15% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Great Plains Energy (NYSE:GXP)

Great Plains Energy Inc (NYSE:GXP) traded down 0.04% during trading on Monday, hitting $28.00. 1,460,007 shares of the stock traded hands. The company has a 50-day moving average price of $27.36 and a 200-day moving average price of $27.50. The stock has a market cap of $4.33 billion, a PE ratio of 20.33 and a beta of 0.40. Great Plains Energy Inc has a 12 month low of $25.85 and a 12 month high of $32.74.

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Several brokerages recently commented on GXP. Zacks Investment Research downgraded shares of Great Plains Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, February 8th. Ladenburg Thalmann Financial Services raised shares of Great Plains Energy from a “neutral” rating to a “buy” rating and set a $31.00 price objective for the company in a research note on Wednesday, October 26th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. Great Plains Energy presently has an average rating of “Hold” and an average target price of $31.43.

Great Plains Energy Company Profile

Great Plains Energy Incorporated is a public utility holding company. The Company operates through electric utility segment. The Company does not own or operate any assets other than the stock of its subsidiaries. The Company’s subsidiaries with operations include Kansas City Power & Light Company (KCP&L) and KCP&L Greater Missouri Operations Company (GMO).

5 Day Chart for NYSE:GXP

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