Westar Energy Inc (NYSE:WR) Shareholder Water Island Capital Llc Upped Its Position by $62.93 Million as Price Declined

May 17, 2018 - By Mary Gaskins

Westar Energy, Inc. (NYSE:WR) Corporate LogoDuring Q4 2017 the big money sentiment decreased to 1.1. That’s change of 0.18, from 2017Q3’s 1.28. 23 investors sold all, 101 reduced holdings as WR ratio dived. 93 rose holdings while 44 funds took holdings. Funds hold 101.58 million shares thus 1.34% more from 2017Q3’s 100.24 million shares. Numeric Invsts Limited Liability invested in 10,300 shs or 0% of the stock. Lord Abbett And Ltd Co, a New Jersey-based fund reported 74,200 shs. Private Advisor Grp Inc Ltd Liability Com reported 4,558 shs. Hsbc Holdings Public Limited Co holds 70,985 shs or 0.01% of its capital. Wealthtrust Axiom Limited Liability Company reported 17,350 shs or 0.34% of all its holdings. Gulf Retail Bank (Uk) invested 0.03% of its capital in Westar Energy, Inc. (NYSE:WR). Schroder Investment Mgmt Grp Inc Incorporated stated it has 811,595 shs or 0.07% of all its holdings. Comerica Savings Bank holds 0.04% or 113,109 shs in its capital. Highstreet Asset Mgmt has 0.01% invested in Westar Energy, Inc. (NYSE:WR) for 2,992 shs. Nordea Investment Mngmt invested in 0% or 6,804 shs. Amp Cap Invsts Limited has invested 0.02% in Westar Energy, Inc. (NYSE:WR). Balyasny Asset Mgmt Limited Liability stated it has 0% of its capital in Westar Energy, Inc. (NYSE:WR). Moreover, Fjarde Ap has 0.03% invested in Westar Energy, Inc. (NYSE:WR). Guggenheim Capital reported 97,730 shs. Veritable Lp holds 0% or 4,193 shs in its capital.

WR registered $3.10 million net activity with 0 insider buys and 6 selling transactions since March 13, 2018. 4,000 shs valued at $210,056 were sold by Banning Jerl L. on Thursday, March 29. $252,800 worth of Westar Energy, Inc. (NYSE:WR) was sold by IRICK LARRY D on Friday, March 16. On Thursday, March 22 RUELLE MARK A sold $1.51M worth of Westar Energy, Inc. (NYSE:WR) or 29,500 shs. GREENWOOD GREG A had sold 5,000 shs worth $250,608. On Tuesday, March 13 a trade for 12,000 shs valued at $599,147 was made by SOMMA ANTHONY D.

Water Island Capital Llc’s stake in Westar Energy Inc (NYSE:WR) was increased by 328.95% based on its latest 2018Q1 filling with the SEC. Westar Energy Inc (NYSE:WR) declined 2.07% with the market as Water Island Capital Llc bought 1.21 million shares. In 2018Q1, Water Island Capital Llc held 1.58M shares of Westar Energy Inc (NYSE:WR), priced at $82.99M, up from 367,900 last quarter. It decreased Time Warner Inc (Put) () position by 766,900 shares to 283,100 shares, and cut its stake.

Water Island Capital Llc is a New York-based hedge fund that was founded by John Orrico. It had more than $3.48 billion assets under management in March, 2014. Taken from Water Island Capital latest Adv, the fund reported to have 45 full and part-time employees. Among which 17 performing investment advisory and research functions. The hedge fund had between 1-10 clients.

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

Total analysts of 2 have positions in Westar Energy (NYSE:WR) as follows: 1 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 50%. Since January 25, 2018 according to StockzIntelligence Inc Westar Energy has 3 analyst reports. The stock rating was maintained by JP Morgan with “Overweight” on Tuesday, April 10. On Thursday, January 25 the firm has “Overweight” rating by JP Morgan given.

Westar Energy, Inc., an electric utility company, generates, transmits, and distributes electricity in Kansas.The firm is valued at $7.63 billion. The firm has 6,292 megawatts of electric generation capacity that produces electricity through various fuel types, including coal, uranium, natural gas, and diesel.23.64 is the P/E ratio. It also owns approximately 6,400 miles of transmission lines, 24,000 miles of overhead distribution lines, and 5,000 miles of underground distribution lines.

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

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