Water Island Capital Llc Upped Position in Westar Energy Inc (NYSE:WR) as Price Declined

May 17, 2018 - By Robert Case

Westar Energy, Inc. (NYSE:WR) Corporate LogoBig Money Sentiment decreased to 1.1 in 2017 Q4. It has change of 0.18, from 2017Q3’s 1.28. The ratio worsened due to WR positioning: 23 sold and 101 reduced. 44 funds took holdings and 93 increased holdings. Investors holded 100.24 million in 2017Q3 but now own 101.58 million shares or 1.34% more. Morgan Stanley invested in 1.06 million shs or 0.02% of the stock. Water Island Ltd Limited Liability Company owns 367,900 shs. Verition Fund Llc has 78,357 shs for 0.38% of their capital. Tarbox Family Office Inc holds 0% of its capital in Westar Energy, Inc. (NYSE:WR) for 37 shs. Johnson Counsel Inc has invested 0.01% of its capital in Westar Energy, Inc. (NYSE:WR). 1,186 are held by Whittier Tru Com. Dubuque Fincl Bank And Trust Company stated it has 166 shs. Omers Administration Corporation reported 9,100 shs stake. Tci Wealth Advisors stated it has 4,559 shs or 0.11% of all its holdings. Bokf Na invested 0.01% of its capital in Westar Energy, Inc. (NYSE:WR). Prudential Public Limited reported 13,200 shs. Schwab Charles Invest Mngmt holds 498,558 shs or 0.02% of its capital. Dimensional Fund Advsrs Lp holds 484,442 shs. Fincl Counselors Inc holds 20,458 shs or 0.05% of its capital. Arizona State Retirement System reported 193,255 shs.

WR had 6 selling transactions and 0 buys since March 13, 2018. This’s net activity of $3.10 million. GREENWOOD GREG A sold $250,608 worth of Westar Energy, Inc. (NYSE:WR) or 5,000 shs on Thursday, March 15. On Thursday, March 22 a trade for 29,500 shs valued at $1.51 million was made by RUELLE MARK A. Banning Jerl L. had sold 4,000 shs worth $210,056 on Thursday, March 29. On Friday, March 16 $252,800 worth of Westar Energy, Inc. (NYSE:WR) was sold by IRICK LARRY D. SOMMA ANTHONY D had sold 12,000 shs worth $599,147 on Tuesday, March 13.

Based on the latest 2018Q1 regulatory filling from the SEC, Water Island Capital Llc upped its holdings in Westar Energy Inc (NYSE:WR) by 328.95%. Westar Energy Inc (NYSE:WR) stock Sank 2.07% while Water Island Capital Llc bought 1.21M shares. Water Island Capital Llc’s position was priced at $82.99M for 1.58 million shares. It’s up from 367,900 last quarter. Water Island Capital Llc cut its stake in and reduced Time Warner Inc (NYSE:TWX) position by 923,759 shares for a total of 25,000 shares.

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

A total of 2 analysts rate Westar Energy (NYSE:WR) as follows: 1 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 50% are bullish. (NYSE:WR) has 3 ratings reports on 17 May 2018 according to StockzIntelligence. On Thursday, January 25 the company was maintained by JP Morgan. On Tuesday, April 10 the rating was maintained by JP Morgan with “Overweight”.

Westar Energy, Inc., an electric utility company, generates, transmits, and distributes electricity in Kansas.The company has $7.63 billion market cap. 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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