Evergy, Inc. (NASDAQ:EVRG) Shares Purchased by Savant Capital LLC

Savant Capital LLC increased its holdings in shares of Evergy, Inc. (NASDAQ:EVRG) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 60,494 shares of the company’s stock after acquiring an additional 1,331 shares during the quarter. Savant Capital LLC’s holdings in Evergy were worth $3,723,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. HighTower Advisors LLC increased its stake in shares of Evergy by 391.1% in the third quarter. HighTower Advisors LLC now owns 97,186 shares of the company’s stock valued at $6,030,000 after purchasing an additional 77,398 shares during the period. Bank of Montreal Can increased its stake in shares of Evergy by 29.1% in the third quarter. Bank of Montreal Can now owns 997,832 shares of the company’s stock valued at $61,806,000 after purchasing an additional 224,679 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Evergy by 34.0% in the third quarter. BNP Paribas Financial Markets now owns 945,148 shares of the company’s stock valued at $58,609,000 after purchasing an additional 239,599 shares during the period. Hennion & Walsh Asset Management Inc. increased its stake in shares of Evergy by 23.1% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 10,692 shares of the company’s stock valued at $658,000 after purchasing an additional 2,004 shares during the period. Finally, SG Americas Securities LLC increased its stake in shares of Evergy by 15,406.4% in the fourth quarter. SG Americas Securities LLC now owns 921,546 shares of the company’s stock valued at $56,721,000 after purchasing an additional 915,603 shares during the period. Institutional investors and hedge funds own 87.24% of the company’s stock.

Wall Street Analyst Weigh In

EVRG has been the subject of several recent analyst reports. Barclays decreased their price objective on shares of Evergy from $65.00 to $62.00 and set an “overweight” rating for the company in a report on Monday, January 27th. LADENBURG THALM/SH SH upgraded shares of Evergy from a “neutral” rating to a “buy” rating and raised 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. Wells Fargo & Company raised their price objective on shares of Evergy from $65.00 to $69.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 16th. Finally, Mizuho started coverage on shares of Evergy in a research report on Tuesday, October 29th. They issued an “outperform” rating and a $67.00 target price for the company. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.36.

Evergy Stock Up 0.6 %

Evergy stock opened at $66.22 on Wednesday. The company has a market capitalization of $15.23 billion, a P/E ratio of 17.90, a P/E/G ratio of 2.75 and a beta of 0.66. The firm’s fifty day simple moving average is $62.53 and its 200-day simple moving average is $61.42. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15. Evergy, Inc. has a 1-year low of $48.17 and a 1-year high of $66.25.

Evergy 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.