Great Plains Energy Inc. (NYSE:GXP)’s share price traded down 1.1% during trading on Tuesday . The stock traded as low as $30.80 and last traded at $30.88, with a volume of 547,479 shares trading hands. The stock had previously closed at $31.22.

Several equities analysts have recently commented on the company. Zacks Investment Research lowered Great Plains Energy from a “hold” rating to a “sell” rating in a report on Monday, April 11th. SunTrust Banks Inc. upped their target price on Great Plains Energy from $30.00 to $31.00 and gave the company a “neutral” rating in a report on Monday, March 14th. Finally, Barclays PLC lowered Great Plains Energy from an “equal weight” rating to an “underweight” rating and decreased their price objective for the stock from $28.97 to $28.00 in a report on Thursday, June 2nd. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $30.00.

The firm has a 50 day moving average price of $29.95 and a 200-day moving average price of $29.88. The stock has a market capitalization of $4.74 billion and a PE ratio of 21.65.

Great Plains Energy (NYSE:GXP) last released its earnings results on Thursday, May 5th. The company reported $0.17 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.03. During the same quarter in the prior year, the firm posted $0.12 earnings per share. Analysts predict that Great Plains Energy Inc. will post $1.72 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, June 20th. Investors of record on Friday, May 27th were paid a $0.2625 dividend. This represents a $1.05 annualized dividend and a dividend yield of 3.36%. The ex-dividend date of this dividend was Wednesday, May 25th.

Other large investors recently added to or reduced their stakes in the company. Sei Investments Co. boosted its stake in Great Plains Energy by 30.5% in the fourth quarter. Sei Investments Co. now owns 38,571 shares of the company’s stock valued at $1,053,000 after buying an additional 9,021 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in Great Plains Energy by 2.3% in the fourth quarter. Advisors Asset Management Inc. now owns 43,358 shares of the company’s stock valued at $1,184,000 after buying an additional 982 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Great Plains Energy by 0.3% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 44,688 shares of the company’s stock valued at $1,220,000 after buying an additional 133 shares during the last quarter. Private Advisor Group LLC boosted its stake in Great Plains Energy by 5.8% in the fourth quarter. Private Advisor Group LLC now owns 75,053 shares of the company’s stock valued at $2,050,000 after buying an additional 4,136 shares during the last quarter. Finally, Liberty Mutual Group Asset Management Inc. boosted its stake in Great Plains Energy by 51.4% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 99,480 shares of the company’s stock valued at $2,718,000 after buying an additional 33,774 shares during the last quarter.

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).

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