As Westar Energy INC (WR) Market Valuation Declined, Shareholder Highvista Strategies LLC Trimmed Its Holding by $10.12 Million

May 16, 2018 - By Ellis Scott

Westar Energy, Inc. (NYSE:WR) LogoInvestors sentiment decreased to 1.1 in 2017 Q4. Its down 0.18, from 1.28 in 2017Q3. It worsened, as 23 investors sold WR shares while 101 reduced holdings. 44 funds opened positions while 93 raised stakes. 101.58 million shares or 1.34% more from 100.24 million shares in 2017Q3 were reported. 102,691 are held by M&T National Bank Corporation. Boston Advsrs Limited Liability Corp invested in 6,300 shares. Invest Counselors Of Maryland Lc reported 0.01% of its portfolio in Westar Energy, Inc. (NYSE:WR). Renaissance Ltd Liability Corp has invested 0.24% in Westar Energy, Inc. (NYSE:WR). State Teachers Retirement System holds 197,135 shares. Wolverine Asset Management Ltd Limited Liability Company has invested 0% in Westar Energy, Inc. (NYSE:WR). 810,433 were reported by Legal And General Grp Public Lc. 8,374 were accumulated by Toronto Dominion Bank & Trust. Wexford Capital Lp has invested 0.12% in Westar Energy, Inc. (NYSE:WR). Raymond James Ser Advsr Inc reported 18,640 shares. Neuberger Berman Group Ltd Limited Liability Company reported 0% in Westar Energy, Inc. (NYSE:WR). City has 900 shares. Tokio Marine Asset Management Communications Ltd stated it has 0.49% in Westar Energy, Inc. (NYSE:WR). Ing Groep Nv holds 0.01% of its portfolio in Westar Energy, Inc. (NYSE:WR) for 7,733 shares. Verition Fund Mngmt Ltd Llc reported 0.38% stake.

Since March 13, 2018, it had 0 insider buys, and 6 insider sales for $3.10 million activity. The insider Banning Jerl L. sold $210,056. $252,800 worth of stock was sold by IRICK LARRY D on Friday, March 16. Another trade for 5,507 shares valued at $278,259 was sold by AKIN BRUCE A. Shares for $599,147 were sold by SOMMA ANTHONY D on Tuesday, March 13. Another trade for 5,000 shares valued at $250,608 was made by GREENWOOD GREG A on Thursday, March 15.

Highvista Strategies Llc decreased its stake in Westar Energy Inc (WR) by 71.23% based on its latest 2017Q4 regulatory filing with the SEC. Highvista Strategies Llc sold 194,655 shares as the company’s stock declined 2.07% with the market. The hedge fund held 78,631 shares of the public utilities company at the end of 2017Q4, valued at $4.15 million, down from 273,286 at the end of the previous reported quarter. Highvista Strategies Llc who had been investing in Westar Energy Inc for a number of months, seems to be less bullish one the $7.64B market cap company. The stock decreased 0.41% or $0.22 during the last trading session, reaching $53.68. About 498,275 shares traded. Westar Energy, Inc. (NYSE:WR) has declined 4.31% since May 16, 2017 and is downtrending. It has underperformed by 15.86% the S&P500.

Analysts await Westar Energy, Inc. (NYSE:WR) to report earnings on August, 14. They expect $0.52 earnings per share, up 4.00 % or $0.02 from last year’s $0.5 per share. WR’s profit will be $73.96M for 25.81 P/E if the $0.52 EPS becomes a reality. After $0.42 actual earnings per share reported by Westar Energy, Inc. for the previous quarter, Wall Street now forecasts 23.81 % EPS growth.

More important recent Westar Energy, Inc. (NYSE:WR) news were published by: Seekingalpha.com which released: “Westar’s (WR) CEO Mark Ruelle on Q1 2018 Results – Earnings Call Transcript” on May 12, 2018, also Globenewswire.com published article titled: “Westar Energy schedules conference call to discuss 1st quarter results”, Prnewswire.com published: “Technical Insights on Utilities Stocks — Public Service Enterprise, Vectren, Westar Energy, and FuelCell Energy” on May 08, 2018. More interesting news about Westar Energy, Inc. (NYSE:WR) was released by: Globenewswire.com and their article: “Westar Energy Announces 1st Quarter 2018 Results” with publication date: May 08, 2018.

Westar Energy, Inc. (NYSE:WR) Ratings Coverage

Among 2 analysts covering Westar Energy (NYSE:WR), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Westar Energy had 3 analyst reports since January 25, 2018 according to SRatingsIntel. The company was maintained on Tuesday, April 10 by JP Morgan. The firm has “Overweight” rating by JP Morgan given on Thursday, January 25.

Westar Energy, Inc. (NYSE:WR) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Science

Dirt from the moon may damage the health of astronauts

Dirt from the moon may damage the health of astronauts

Orlando Souther

The new research made by scientists of School of Medicine from Stony Brook University, NY, states that dust at the moon kills lung cells in human body. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings ...

The biggest discovery of cloudless exoplanet thanks to sodium

The biggest discovery of cloudless exoplanet thanks to sodium

Kelly Oliver

Professor Nikolay Nikolov is from Exeter University in Britain. He and an international team of researchers, including Professor Jonathan J. Fortney from California University and Ernst de Moojis from Dublin University, has discovered cloudless atmosphere on exoplanet WASP-96b. Receive News & Ratings Via Email - Enter your email address below to receive ...

WASP-96b new planet outside the Solar System that has no clouds 

WASP-96b new planet outside the Solar System that has no clouds 

Edwin Martin

Exoplanet WASP-96b  is a gaseous giant with a temperature of one thousand degrees Celsius, similar to Saturn in mass, 20% larger than Jupiter and which transits a star similar to the Sun at 980 light years.  Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE ...

Astronomers detect exoplanet with a cloud-free atmosphere

Astronomers detect exoplanet with a cloud-free atmosphere

Edwin Martin

This planet outside of our solar system is called WASP-96b, but scientists also call it ‘hot Saturn’. Space researchers discovered a giant exoplanet that emits a thin trail of gas covering up to five times its surface and in whose huge tail identified signs of helium. The news was published in the journal Nature. ...

Exoplanet WASP-96b does not have clouds like others

Exoplanet WASP-96b does not have clouds like others

Darrin Black

This exoplanet is also called as hot Saturn. And it does not have clouds in its atmosphere. Doctor Nikolay Nikolov and his team from Exeter University claim that they make an outstanding discovery, as it is the first exoplanet without clouds. Receive News & Ratings Via Email - Enter your email address ...

SuperCDMS dark matter detector receives 34 million dollars funding

SuperCDMS dark matter detector receives 34 million dollars funding

Edwin Martin

SLAC led SuperCDMS SNOLAB experiment, multi-institutional project, continues its dark matter hunting. It deepens into particles with the help of properties that were never accessible previously to researchers. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ...

Serena Aunon-Chancellor, grad of Poudre High School won ISS competition

Serena Aunon-Chancellor, grad of Poudre High School won ISS competition

Edwin Martin

Serena Aunon-Chancellor won her place at the International Space Station through the competition with 3 500 applicants. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Spacecraft Galileo found unique environment on Jupiter’s huge moon Ganymede

Spacecraft Galileo found unique environment on Jupiter’s huge moon Ganymede

Edwin Martin

Ganymede, the largest moon of planet Jupiter became well-known for its own magnetic field since 1996, when astronomers made this discovery. Now, NASA’s own spacecraft Galileo which was sent in space to gather information on Jupiter have found evidence of the possible existence of big liquid ocean underneath the surface. Receive News ...

Australians spend 379 million dollars to save the Reef

Australians spend 379 million dollars to save the Reef

Edwin Martin

Great Barrier Reef is badly damaged by our own kind. Now Australian government plans to preserve it, and is willing to spend as much as it needs. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings ...

Scientists debate over Mars protection

Scientists debate over Mars protection

Edwin Martin

Whether it is possible to protect Red Planet, from whom and why do we need to do this, discussed researchers Robert Zubrin, the head of Mars Society and space engineer and John Rummel, ex NASA officer on planetary protection. Receive News & Ratings Via Email - Enter your email address below to ...