Great Plains Energy Incorporated (GXP) : Lnz Capital Lp added new position in Great Plains Energy Incorporated during the most recent quarter end. The investment management firm now holds 501,801 shares of Great Plains Energy Incorporated which is valued at $14,271,220 , the company said in a statement filed on Aug 15, 2016 with the SEC.Great Plains Energy Incorporated makes up approximately 2.41% of Lnz Capital Lp’s portfolio.
Other Hedge Funds, Including , Panagora Asset Management Inc boosted its stake in GXP in the latest quarter, The investment management firm added 35,039 additional shares and now holds a total of 391,844 shares of Great Plains Energy Incorporated which is valued at $11,144,043. Great Plains Energy Incorporated makes up approx 0.05% of Panagora Asset Management Inc’s portfolio.Los Angeles Capital Management Equity Research Inc reduced its stake in GXP by selling 550 shares or 5.53% in the most recent quarter. The Hedge Fund company now holds 9,393 shares of GXP which is valued at $268,264.Anchor Capital Advisors reduced its stake in GXP by selling 8,269 shares or 19.94% in the most recent quarter. The Hedge Fund company now holds 33,193 shares of GXP which is valued at $965,252. Great Plains Energy Incorporated makes up approx 0.02% of Anchor Capital Advisors’s portfolio.
Great Plains Energy Incorporated closed down -0.18 points or -0.66% at $26.98 with 12,00,552 shares getting traded on Thursday. Post opening the session at $27.14, the shares hit an intraday low of $26.87 and an intraday high of $27.24 and the price fluctuated in this range throughout the day.Shares ended Thursday 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).