Traders purchased shares of Great Plains Energy Inc. (NYSE:GXP) on weakness during trading hours on Tuesday. $15.28 million flowed into the stock on the tick-up and $4.90 million flowed out of the stock on the tick-down, for a money net flow of $10.38 million into the stock. Of all equities tracked, Great Plains Energy had the 29th highest net in-flow for the day. Great Plains Energy traded down ($0.50) for the day and closed at $30.72

Several equities analysts have weighed in on GXP shares. Zacks Investment Research lowered Great Plains Energy from a “hold” rating to a “sell” rating in a report on Tuesday, March 29th. Barclays PLC lowered Great Plains Energy from an “equal weight” rating to an “underweight” rating and cut their price target for the stock from $28.97 to $28.00 in a report on Thursday, June 2nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. Great Plains Energy has an average rating of “Hold” and an average target price of $30.00.

The firm has a market cap of $4.74 billion and a P/E ratio of 21.65. The stock has a 50 day moving average price of $29.95 and a 200 day moving average price of $29.89.

Great Plains Energy (NYSE:GXP) last announced its quarterly earnings data on Thursday, May 5th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. During the same quarter in the previous year, the business earned $0.12 earnings per share. Analysts expect that Great Plains Energy Inc. will post $1.72 EPS for the current fiscal year.

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

A number of institutional investors have recently made changes to their positions in the company. Sei Investments Co. raised its position in shares of Great Plains Energy by 30.5% in the fourth quarter. Sei Investments Co. now owns 38,571 shares of the company’s stock worth $1,053,000 after buying an additional 9,021 shares during the last quarter. Advisors Asset Management Inc. raised its position in shares of Great Plains Energy by 2.3% in the fourth quarter. Advisors Asset Management Inc. now owns 43,358 shares of the company’s stock worth $1,184,000 after buying an additional 982 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of 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 worth $1,220,000 after buying an additional 133 shares during the last quarter. Private Advisor Group LLC raised its position in shares of Great Plains Energy by 5.8% in the fourth quarter. Private Advisor Group LLC now owns 75,053 shares of the company’s stock worth $2,050,000 after buying an additional 4,136 shares during the last quarter. Finally, Liberty Mutual Group Asset Management Inc. raised its position in shares of 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 worth $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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