As the name suggests, this gives the middle ground of the fund's equity investments, letting investors know if the fund mainly invests in large-, mid- or small-cap stocks.
According to Zacks, "Great Plains Energy Incorporated engages in the generation, transmission, distribution and sale of electricity to customers located in all or portions of numerous counties in western Missouri and eastern Kansas". The Firm provides purification solutions for drinking water, wastewater, pollution abatement, and a range of industrial and commercial manufacturing processes.
A number of other analysts have also issued reports on GXP. BidaskClub raised Great Plains Energy from a hold rating to a buy rating in a report on Tuesday, August 8th. On Monday, November 30 the stock rating was maintained by Argus Research with "Buy". The insider now holds 26,041 shares of Great Plains Energy Incorporated (GXP). Wells Fargo & Company raised Great Plains Energy from a market perform rating to an outperform rating in a report on Monday, October 2nd.
Short traders are more bearish on shares of the company lately if you put credence in the increase in short interest. The average investment rating for GXP on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 3.89 or a Hold.
About shares traded. Great Plains Energy Incorporated (NYSE:GXP) has declined 7.52% since October 13, 2016 and is downtrending. 1,258,713 shares of the company traded hands. Great Plains Energy has $55.0 highest and $26 lowest target. The PEG ratio is used to determine a stock's value while taking the company's earnings growth into account, and is considered to provide a more complete picture than the P/E ratio. The stock has a 50 day moving average of $30.76 and a 200 day moving average of $29.89.
Great Plains Energy Incorporated (GXP) have shown a high EPS growth of 5.30% in the last 5 years and has earnings rose of 17.90% yoy. The funds in our partner's database reported: 183.97 million shares, down from 185.68 million shares in 2017Q1. The firm had revenue of $682.60 million for the quarter, compared to analysts' expectations of $677.00 million. Hartford Finance Management Inc has invested 0.01% in Great Plains Energy Incorporated (NYSE:GXP). During the same period in the previous year, the firm earned $0.55 earnings per share. GXP's profit will be $216.03 million for 7.99 P/E if the $1.00 EPS becomes a reality.
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Recently, the stock has been noted 0.02% away from it's 52- week high and 23.08% separated from its 52 week low. Shareholders of record on Tuesday, May 30th will be paid a $0.275 dividend. The ex-dividend date was Friday, August 25th. This represents a $1.10 dividend on an annualized basis and a yield of 3.44%. Great Plains Energy's dividend payout ratio (DPR) is now 105.77%.
In other news, VP Lori A. Wright sold 7,668 shares of the stock in a transaction that occurred on Monday, September 18th. Barclays PLC reiterated an equal weight rating and set a $30.00 price objective (up from $27.00) on shares of Great Plains Energy in a research note on Saturday, March 11th. The transaction was disclosed in a document filed with the SEC, which is available through this link. Sell-side research reports may contain estimates and stock recommendations as well. And the values below 20 that it is oversold indicate prices could very well bounce upwards. The disclosure for this sale can be found here. Perkins Investment Management, LLC now holds 3,058,345 shares with a value of $89,365,000. Edge Asset Management, Inc claims 1,528,639 shares valued at $44,667,000. Carroll Fin Associates holds 0% of its portfolio in Great Plains Energy Incorporated (NYSE:GXP) for 34 shares. The company's 3-months average volume stands at 1.99 million. Highbridge Capital Management LLC now owns 799,361 shares of the utilities provider's stock worth $21,815,000 after buying an additional 631,813 shares in the last quarter. Polar Asset Mngmt has 0.04% invested in Great Plains Energy Incorporated (NYSE:GXP) for 60,000 shares. Ffcm LLC now owns 4,018 shares of the utilities provider's stock worth $118,000 after purchasing an additional 2,538 shares in the last quarter. First Command Bank boosted its position in shares of Great Plains Energy by 100.0% in the 2nd quarter. The total number of shares traded in the last 12 months is 273,327. PNC Financial Services Group Inc. grew its stake in Great Plains Energy by 0.3% in the second quarter. Advisory Services Network LLC now owns 4,793 shares of the utilities provider's stock worth $140,000 after purchasing an additional 45 shares in the last quarter. Institutional investors and hedge funds own 87.90% of the company's stock.