3,447 Shares in Evergy, Inc. (NYSE:EVRG) Purchased by Greenleaf Trust

Greenleaf Trust purchased a new position in Evergy, Inc. (NYSE:EVRG) during the third quarter, HoldingsChannel reports. The fund purchased 3,447 shares of the company’s stock, valued at approximately $214,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in EVRG. Fairscale Capital LLC purchased a new position in shares of Evergy in the second quarter worth $27,000. Fidelis Capital Partners LLC purchased a new stake in Evergy in the 1st quarter worth $32,000. Hexagon Capital Partners LLC boosted its holdings in shares of Evergy by 47.1% during the 3rd quarter. Hexagon Capital Partners LLC now owns 531 shares of the company’s stock valued at $33,000 after purchasing an additional 170 shares during the last quarter. Toth Financial Advisory Corp grew its position in shares of Evergy by 199.5% during the first quarter. Toth Financial Advisory Corp now owns 635 shares of the company’s stock valued at $34,000 after purchasing an additional 423 shares in the last quarter. Finally, Rothschild Investment LLC bought a new stake in shares of Evergy in the second quarter worth about $37,000. 87.24% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on EVRG shares. UBS Group upgraded Evergy to a “hold” rating in a research report on Wednesday, September 18th. Jefferies Financial Group assumed coverage on shares of Evergy in a research report on Thursday, September 19th. They issued a “buy” rating and a $70.00 price target on the stock. Wells Fargo & Company increased their price objective on shares of Evergy from $65.00 to $69.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Finally, Barclays reduced their target price on shares of Evergy from $67.00 to $65.00 and set an “overweight” rating on the stock in a report on Monday, October 21st. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Evergy currently has an average rating of “Moderate Buy” and an average target price of $61.14.

Evergy Trading Down 1.4 %

NYSE EVRG opened at $60.77 on Friday. The stock has a market cap of $13.97 billion, a PE ratio of 18.93, a PEG ratio of 2.74 and a beta of 0.62. Evergy, Inc. has a 12 month low of $47.97 and a 12 month high of $62.58. The company’s 50-day moving average price is $60.38 and its 200-day moving average price is $56.47. The company has a current ratio of 0.59, a quick ratio of 0.35 and a debt-to-equity ratio of 1.23.

Evergy (NYSE:EVRG) last issued its earnings results on Friday, August 9th. The company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. The business had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.32 billion. Evergy had a net margin of 13.12% and a return on equity of 8.50%. During the same period last year, the company posted $0.81 earnings per share. Equities research analysts forecast that Evergy, Inc. will post 3.84 earnings per share for the current year.

Evergy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 20th. Shareholders of record on Tuesday, August 20th were issued a dividend of $0.6425 per share. This represents a $2.57 annualized dividend and a yield of 4.23%. The ex-dividend date of this dividend was Tuesday, August 20th. Evergy’s payout ratio is 80.06%.

Insider Buying and Selling at Evergy

In other news, SVP Charles A. Caisley sold 9,236 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $59.63, for a total transaction of $550,742.68. Following the transaction, the senior vice president now directly owns 33,425 shares in the company, valued at approximately $1,993,132.75. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, SVP Charles A. Caisley sold 9,236 shares of the company’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $59.63, for a total transaction of $550,742.68. Following the completion of the sale, the senior vice president now directly owns 33,425 shares in the company, valued at $1,993,132.75. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Ann D. Murtlow sold 3,301 shares of the business’s stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $58.85, for a total transaction of $194,263.85. Following the completion of the transaction, the director now owns 2,847 shares of the company’s stock, valued at $167,545.95. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,884 shares of company stock valued at $941,810. Company insiders own 0.47% of the company’s stock.

Evergy Company Profile

Evergy, Inc, together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities.