Evergy, Inc. (NASDAQ:EVRG) Shares Sold by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB cut its holdings in shares of Evergy, Inc. (NASDAQ:EVRG) by 1.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,349 shares of the company’s stock after selling 255 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Evergy were worth $1,006,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of EVRG. Truvestments Capital LLC purchased a new position in Evergy during the third quarter valued at $32,000. Sentry Investment Management LLC acquired a new position in shares of Evergy during the 3rd quarter worth about $51,000. USA Financial Formulas purchased a new position in Evergy in the 4th quarter valued at about $73,000. Venturi Wealth Management LLC boosted its holdings in Evergy by 230.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,386 shares of the company’s stock worth $86,000 after buying an additional 966 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in Evergy by 33.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,427 shares of the company’s stock worth $88,000 after buying an additional 359 shares in the last quarter. 87.24% of the stock is currently owned by institutional investors and hedge funds.

Evergy Trading Up 0.9 %

Shares of EVRG stock opened at $65.80 on Tuesday. Evergy, Inc. has a twelve month low of $48.17 and a twelve month high of $65.82. The stock has a market cap of $15.13 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 2.75 and a beta of 0.66. The company’s 50-day moving average price is $62.47 and its 200-day moving average price is $61.35. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on EVRG. Barclays decreased their target price on Evergy from $65.00 to $62.00 and set an “overweight” rating on the stock in a research report on Monday, January 27th. Mizuho assumed coverage on Evergy in a report on Tuesday, October 29th. They issued an “outperform” rating and a $67.00 price objective on the stock. LADENBURG THALM/SH SH raised shares of Evergy from a “neutral” rating to a “buy” rating and upped their target price for the stock from $59.00 to $68.50 in a report on Thursday, January 2nd. Guggenheim raised shares of Evergy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, Wells Fargo & Company upped their price objective on shares of Evergy from $65.00 to $69.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $65.36.

Insider Buying and Selling at Evergy

In other news, EVP Kevin E. Bryant sold 48,141 shares of Evergy stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $62.93, for a total transaction of $3,029,513.13. Following the sale, the executive vice president now owns 1 shares of the company’s stock, valued at approximately $62.93. The trade was a 100.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.47% of the stock is currently owned by company insiders.

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.