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Wedbush Securities Has Boosted Its General Electric Company (GE) Stake; Highvista Strategies Cut Westar Energy (WR) Position By $10.12 Million

Westar Energy, Inc. (NYSE:WR) Logo

Wedbush Securities Inc increased General Electric Company (GE) stake by 16.76% reported in 2017Q4 SEC filing. Wedbush Securities Inc acquired 36,710 shares as General Electric Company (GE)’s stock declined 23.20%. The Wedbush Securities Inc holds 255,774 shares with $4.46 million value, up from 219,064 last quarter. General Electric Company now has $130.80 billion valuation. The stock increased 2.38% or $0.35 during the last trading session, reaching $15.06. About 33.31 million shares traded. General Electric Company (NYSE:GE) has declined 54.35% since May 16, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Highvista Strategies Llc decreased Westar Energy Inc (WR) stake by 71.23% reported in 2017Q4 SEC filing. Highvista Strategies Llc sold 194,655 shares as Westar Energy Inc (WR)’s stock declined 2.07%. The Highvista Strategies Llc holds 78,631 shares with $4.15 million value, down from 273,286 last quarter. Westar Energy Inc now has $7.62B valuation. The stock decreased 0.59% or $0.32 during the last trading session, reaching $53.58. About 316,462 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.

Wedbush Securities Inc decreased Abbvie Inc (NYSE:ABBV) stake by 7,984 shares to 66,189 valued at $6.40 million in 2017Q4. It also reduced Blackrock Credit (BTZ) stake by 35,008 shares and now owns 21,756 shares. Ishares Gold Trust (IAU) was reduced too.

Since January 26, 2018, it had 1 insider purchase, and 0 selling transactions for $43,446 activity. On Friday, January 26 DIMITRIEF ALEXANDER bought $43,446 worth of General Electric Company (NYSE:GE) or 2,689 shares.

Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. It worsened, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Bridges Investment Counsel Inc holds 69,626 shares or 0.67% of its portfolio. Moreover, Knott David M has 0.28% invested in General Electric Company (NYSE:GE) for 33,680 shares. Axa, France-based fund reported 3.94 million shares. Wade G W & Inc holds 0.16% or 79,925 shares in its portfolio. First Allied Advisory Serv Inc has invested 0.19% of its portfolio in General Electric Company (NYSE:GE). Live Your Vision Limited Liability Com, a Pennsylvania-based fund reported 9,303 shares. Becker Capital accumulated 1.45% or 2.51 million shares. Arete Wealth Advisors Ltd reported 0.12% stake. Berkshire Asset Limited Company Pa reported 1.7% in General Electric Company (NYSE:GE). At Savings Bank holds 96,385 shares or 0.18% of its portfolio. The Illinois-based First State Bank has invested 0.07% in General Electric Company (NYSE:GE). Pinebridge LP reported 1.05M shares. 27,323 were reported by 1832 Asset L P. Moreover, Advisory Service has 0.09% invested in General Electric Company (NYSE:GE). 153,335 were accumulated by Wms Prtn Ltd Co.

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company had 102 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Bernstein on Friday, December 16. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Tigress Financial on Thursday, January 4. Stifel Nicolaus maintained it with “Hold” rating and $18.0 target in Sunday, December 10 report. The stock of General Electric Company (NYSE:GE) has “Sell” rating given on Tuesday, November 21 by Deutsche Bank. Standpoint Research initiated the shares of GE in report on Friday, July 22 with “Sell” rating. UBS maintained the stock with “Buy” rating in Friday, October 14 report. The rating was maintained by JP Morgan with “Underweight” on Tuesday, March 13. The firm has “Sell” rating by Deutsche Bank given on Monday, September 11. RBC Capital Markets maintained the stock with “Positive” rating in Thursday, March 23 report. Cowen & Co maintained it with “Hold” rating and $30 target in Friday, April 21 report.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “General Electric’s Big Payout” on May 15, 2018, also Fool.com with their article: “How General Electric Has Changed in the Last 2 Years” published on May 16, 2018, Businesswire.com published: “GE Unveils Cross-Fleet Gas Turbine Capabilities That Can Increase Performance and Reliability of Other OEM Fleets” on May 16, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Businesswire.com and their article: “GE Expands Its Innovative Advanced Gas Path Technology to Fifth Gas Turbine Fleet and Announces First Adoption in …” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “General Electric’s Death Could Be Best For Shareholders” with publication date: April 25, 2018.

Highvista Strategies Llc increased Dowdupont Inc stake by 32,552 shares to 35,500 valued at $2.53M in 2017Q4. It also upped Realpage Inc (NASDAQ:RP) stake by 39,500 shares and now owns 180,500 shares. Visa Inc (NYSE:V) was raised too.

Analysts await Westar Energy, Inc. (NYSE:WR) to report earnings on August, 14. They expect $0.52 EPS, up 4.00% or $0.02 from last year’s $0.5 per share. WR’s profit will be $73.96 million for 25.76 P/E if the $0.52 EPS becomes a reality. After $0.42 actual EPS reported by Westar Energy, Inc. for the previous quarter, Wall Street now forecasts 23.81% EPS growth.

More notable recent Westar Energy, Inc. (NYSE:WR) news were published by: Globenewswire.com which released: “Westar Energy Announces 1st Quarter 2018 Results” on May 08, 2018, also Seekingalpha.com with their article: “Westar’s (WR) CEO Mark Ruelle on Q1 2018 Results – Earnings Call Transcript” published on May 12, 2018, Globenewswire.com published: “Westar Energy schedules conference call to discuss 1st quarter results” on April 18, 2018. More interesting news about Westar Energy, Inc. (NYSE:WR) were released by: Prnewswire.com and their article: “Technical Insights on Utilities Stocks — Public Service Enterprise, Vectren, Westar Energy, and FuelCell Energy” published on May 08, 2018 as well as Globenewswire.com‘s news article titled: “Report: Developing Opportunities within EQT GP Holdings, LP, Semtech, TPG Specialty Lending, OceanFirst Financial …” with publication date: April 30, 2018.

Investors sentiment decreased to 1.1 in Q4 2017. Its down 0.18, from 1.28 in 2017Q3. It dived, 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. Virtu Fincl Limited Company stated it has 5,995 shares. Luminus Mngmt Limited Liability reported 0.5% of its portfolio in Westar Energy, Inc. (NYSE:WR). Franklin Resources stated it has 0.05% in Westar Energy, Inc. (NYSE:WR). Highvista Strategies Ltd Liability Corp holds 1.16% or 78,631 shares in its portfolio. Highstreet Asset holds 0.01% or 2,992 shares in its portfolio. Cibc Asset Mgmt Incorporated reported 6,416 shares. Water Island Ltd Com has invested 1.2% in Westar Energy, Inc. (NYSE:WR). Miller Howard Invs New York holds 33,485 shares. 810,433 were reported by Legal And General Gru Plc. Smithfield Tru Communication holds 0% of its portfolio in Westar Energy, Inc. (NYSE:WR) for 45 shares. Qs Investors Lc has invested 0% in Westar Energy, Inc. (NYSE:WR). Tci Wealth Advsr owns 4,559 shares for 0.11% of their portfolio. 3,717 were reported by Invest Counselors Of Maryland Lc. City Hldg Company has 900 shares. State Street owns 4.66M shares.

Since March 13, 2018, it had 0 buys, and 6 sales for $3.10 million activity. Shares for $252,800 were sold by IRICK LARRY D on Friday, March 16. On Thursday, March 15 AKIN BRUCE A sold $278,259 worth of Westar Energy, Inc. (NYSE:WR) or 5,507 shares. Shares for $1.51M were sold by RUELLE MARK A. SOMMA ANTHONY D had sold 12,000 shares worth $599,147. Banning Jerl L. sold $210,056 worth of Westar Energy, Inc. (NYSE:WR) on Thursday, March 29. GREENWOOD GREG A had sold 5,000 shares worth $250,608.

Among 9 analysts covering Westar Energy (NYSE:WR), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Westar Energy had 20 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was initiated by Mizuho with “Buy” on Monday, March 14. JP Morgan maintained Westar Energy, Inc. (NYSE:WR) rating on Friday, March 11. JP Morgan has “Neutral” rating and $44 target. The stock of Westar Energy, Inc. (NYSE:WR) has “Neutral” rating given on Thursday, October 8 by UBS. On Tuesday, July 11 the stock rating was upgraded by J.P. Morgan to “Buy”. The rating was upgraded by JP Morgan to “Overweight” on Tuesday, July 11. Wells Fargo downgraded the shares of WR in report on Friday, February 26 to “Market Perform” rating. The firm earned “Hold” rating on Friday, April 15 by Argus Research. The firm has “Buy” rating by Argus Research given on Tuesday, October 13. UBS maintained Westar Energy, Inc. (NYSE:WR) rating on Monday, January 25. UBS has “Neutral” rating and $41 target. The stock of Westar Energy, Inc. (NYSE:WR) earned “Overweight” rating by JP Morgan on Tuesday, April 10.

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

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