Hotchkis & Wiley Capital Management Lowered By $18.36 Million Its Great Plains Energy (GXP) Stake; Savannah Resources Plc (LON:SAV) Covered By 5 Bulls

January 19, 2018 - By Marie Mckinney

Hotchkis & Wiley Capital Management Llc decreased Great Plains Energy Inc (GXP) stake by 41.29% reported in 2017Q3 SEC filing. Hotchkis & Wiley Capital Management Llc sold 611,907 shares as Great Plains Energy Inc (GXP)’s stock rose 1.39%. The Hotchkis & Wiley Capital Management Llc holds 870,200 shares with $26.37 million value, down from 1.48 million last quarter. Great Plains Energy Inc now has $6.67 billion valuation. The stock decreased 0.29% or $0.09 during the last trading session, reaching $30.94. About 250,594 shares traded. Great Plains Energy Incorporated (NYSE:GXP) has declined 7.52% since January 19, 2017 and is downtrending. It has underperformed by 24.22% the S&P500.

Among 6 analysts covering Savannah Resources (LON:SAV), 5 have Buy rating, 1 Sell and 0 Hold. Therefore 83% are positive. Savannah Resources had 130 analyst reports since September 8, 2015 according to SRatingsIntel. The firm has “Speculative Buy” rating given on Thursday, December 22 by Beaufort Securities. FinnCap maintained Savannah Resources Plc (LON:SAV) on Monday, November 20 with “Corporate” rating. Northland Capital maintained the shares of SAV in report on Friday, June 16 with “Corporate” rating. The stock has “Corporate” rating by FinnCap on Tuesday, September 12. The firm earned “Corporate” rating on Friday, September 30 by Northland Capital. The company was maintained on Tuesday, December 15 by Northland Capital. The stock has “Speculative Buy” rating by Beaufort Securities on Tuesday, March 28. The stock of Savannah Resources Plc (LON:SAV) earned “Corporate” rating by Northland Capital on Tuesday, October 3. On Friday, September 29 the stock rating was maintained by Northland Capital with “Corporate”. The rating was maintained by Northland Capital on Monday, February 22 with “Corporate”. See Savannah Resources Plc (LON:SAV) latest ratings:

16/01/2018 Broker: Northland Capital Rating: Corporate Maintain
16/01/2018 Broker: Beaufort Securities Rating: Speculative Buy Maintain
16/01/2018 Broker: FinnCap Rating: Corporate Old Target: GBX 11.00 New Target: GBX 11.00 Maintain
18/12/2017 Broker: Northland Capital Rating: Corporate Maintain
18/12/2017 Broker: FinnCap Rating: Corporate Old Target: GBX 11.00 New Target: GBX 11.00 Maintain
13/12/2017 Broker: FinnCap Rating: Corporate Old Target: GBX 11.00 New Target: GBX 11.00 Maintain
22/11/2017 Broker: Northland Capital Rating: Corporate Maintain
22/11/2017 Broker: Beaufort Securities Rating: Speculative Buy Maintain
22/11/2017 Broker: FinnCap Rating: Corporate Old Target: GBX 11.00 New Target: GBX 11.00 Maintain
20/11/2017 Broker: FinnCap Rating: Corporate Old Target: GBX 11.00 New Target: GBX 11.00 Maintain

Savannah Resources Plc explores for and develops mineral properties. The company has market cap of 38.95 million GBP. It holds interests in Mutamba heavy mineral sands project in Mozambique; copper and gold projects in the Sultanate of Oman; and lithium projects located in Somero and Eräjärvi in Finland. It currently has negative earnings. The firm was formerly known as African Mining and Exploration plc and changed its name to Savannah Resources Plc in September 2013.

The stock increased 3.81% or GBX 0.225 during the last trading session, reaching GBX 6.125. About 471,883 shares traded. Savannah Resources Plc (LON:SAV) has 0.00% since January 19, 2017 and is . It has underperformed by 16.70% the S&P500.

Investors sentiment is 1.13 in Q3 2017. Its the same as in 2017Q2. It is the same, as 41 investors sold GXP shares while 95 reduced holdings. only 51 funds opened positions while 103 raised stakes. 183.40 million shares or 0.31% less from 183.97 million shares in 2017Q2 were reported. Hallmark Cap Mngmt invested in 522,978 shares or 1.99% of the stock. Profund Llc invested 0.05% of its portfolio in Great Plains Energy Incorporated (NYSE:GXP). Citadel Advisors Ltd Liability Corporation, a Illinois-based fund reported 2.07M shares. Reilly Finance Ltd Liability Corporation accumulated 86 shares. First Manhattan stated it has 0.07% in Great Plains Energy Incorporated (NYSE:GXP). Glenmede Trust Na invested in 0% or 26,169 shares. Moreover, Toronto Dominion Fincl Bank has 0% invested in Great Plains Energy Incorporated (NYSE:GXP) for 7,499 shares. American Century Cos Inc stated it has 578,447 shares or 0.02% of all its holdings. Amer Invest Services invested 0.4% of its portfolio in Great Plains Energy Incorporated (NYSE:GXP). Epoch Prtnrs holds 0.06% of its portfolio in Great Plains Energy Incorporated (NYSE:GXP) for 572,556 shares. Huber Capital Management Ltd Liability Com owns 538,274 shares. Rare Infrastructure Ltd owns 2,375 shares for 0.01% of their portfolio. Schwab Charles Investment owns 734,721 shares. Credit Suisse Ag holds 0.02% of its portfolio in Great Plains Energy Incorporated (NYSE:GXP) for 593,138 shares. Principal Financial Gru Inc reported 0.11% in Great Plains Energy Incorporated (NYSE:GXP).

Hotchkis & Wiley Capital Management Llc increased Geo Group Inc New (NYSE:GEO) stake by 246,272 shares to 2.41M valued at $64.94M in 2017Q3. It also upped Cnh Indl N V (NYSE:CNHI) stake by 101,920 shares and now owns 31.85M shares. First Hawaiian Inc was raised too.

Since September 18, 2017, it had 0 buys, and 6 insider sales for $1.02 million activity. BASSHAM TERRY D sold $194,540 worth of Great Plains Energy Incorporated (NYSE:GXP) on Monday, September 18. The insider WRIGHT LORI A sold $234,181. 3,260 shares were sold by Fairchild Ellen E, worth $99,560 on Monday, September 18. 2,600 shares valued at $79,378 were sold by Ives Darrin R. on Monday, September 18. Bryant Kevin E. also sold $301,896 worth of Great Plains Energy Incorporated (NYSE:GXP) on Monday, September 18. 3,500 shares valued at $108,010 were sold by Humphrey Heather A on Tuesday, September 19.

Among 14 analysts covering Great Plains Energy (NYSE:GXP), 7 have Buy rating, 0 Sell and 7 Hold. Therefore 50% are positive. Great Plains Energy had 28 analyst reports since August 10, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, September 4 by Zacks. The firm has “Hold” rating by SunTrust given on Tuesday, December 26. The stock of Great Plains Energy Incorporated (NYSE:GXP) earned “Sell” rating by Zacks on Tuesday, August 25. The stock of Great Plains Energy Incorporated (NYSE:GXP) has “Neutral” rating given on Friday, July 15 by JP Morgan. The company was maintained on Thursday, March 10 by Argus Research. The stock has “Buy” rating by Wells Fargo on Monday, October 2. The stock of Great Plains Energy Incorporated (NYSE:GXP) earned “Neutral” rating by Bank of America on Tuesday, January 12. Ladenburg Thalmann upgraded the stock to “Buy” rating in Wednesday, October 26 report. SunTrust maintained Great Plains Energy Incorporated (NYSE:GXP) on Monday, October 23 with “Hold” rating. UBS initiated Great Plains Energy Incorporated (NYSE:GXP) rating on Thursday, January 5. UBS has “Neutral” rating and $28 target.

Analysts await Great Plains Energy Incorporated (NYSE:GXP) to report earnings on February, 22. They expect $0.12 EPS, down 7.69% or $0.01 from last year’s $0.13 per share. GXP’s profit will be $25.85M for 64.46 P/E if the $0.12 EPS becomes a reality. After $1.05 actual EPS reported by Great Plains Energy Incorporated for the previous quarter, Wall Street now forecasts -88.57% negative EPS growth.

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