Great Plains Energy Inc. (NYSE:GXP) shares saw an uptick in trading volume on Thursday . 1,978,317 shares changed hands during trading, a decline of 5% from the previous session’s volume of 2,080,030 shares.The stock last traded at $30.28 and had previously closed at $30.87.

A number of research firms recently issued reports on GXP. JPMorgan Chase & Co. boosted their target price on shares of Great Plains Energy from $31.00 to $32.00 and gave the company a “neutral” rating in a research report on Friday. Zacks Investment Research downgraded shares of Great Plains Energy from a “hold” rating to a “sell” rating in a report on Monday, April 18th. Finally, Barclays PLC downgraded shares of Great Plains Energy from an “equal weight” rating to an “underweight” rating and lowered their price objective for the stock from $28.97 to $28.00 in a report on Thursday, June 2nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. Great Plains Energy has an average rating of “Hold” and a consensus price target of $30.29.

The stock has a 50 day moving average of $29.92 and a 200-day moving average of $29.91. The stock has a market capitalization of $4.67 billion and a PE ratio of 21.29.

Great Plains Energy (NYSE:GXP) last issued its earnings results on Thursday, May 5th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.03. During the same quarter in the prior year, the firm posted $0.12 earnings per share. Equities research analysts expect that Great Plains Energy Inc. will post $1.72 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, June 20th. Stockholders of record on Friday, May 27th were issued a $0.2625 dividend. This represents a $1.05 annualized dividend and a dividend yield of 3.48%. The ex-dividend date was Wednesday, May 25th.

Other hedge funds and institutional investors have recently modified their holdings of the company. Private Advisor Group LLC boosted 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 valued at $2,050,000 after buying an additional 4,136 shares in the last quarter. California Public Employees Retirement System boosted its position in shares of Great Plains Energy by 3.1% in the fourth quarter. California Public Employees Retirement System now owns 444,152 shares of the company’s stock valued at $12,130,000 after buying an additional 13,300 shares in the last quarter. Liberty Mutual Group Asset Management Inc. boosted 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 valued at $2,718,000 after buying an additional 33,774 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Great Plains Energy by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 10,822,334 shares of the company’s stock valued at $295,557,000 after buying an additional 285,848 shares in the last quarter. Finally, Sei Investments Co. boosted 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 valued at $1,053,000 after buying an additional 9,021 shares in 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).

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.