6,823 Shares in Evergy, Inc. (NASDAQ:EVRG) Acquired by CoreFirst Bank & Trust

CoreFirst Bank & Trust purchased a new stake in Evergy, Inc. (NASDAQ:EVRG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,823 shares of the company’s stock, valued at approximately $420,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EVRG. Empowered Funds LLC acquired a new stake in Evergy during the 3rd quarter worth $226,000. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Evergy during the third quarter worth about $281,000. PNC Financial Services Group Inc. increased its position in shares of Evergy by 25.4% during the third quarter. PNC Financial Services Group Inc. now owns 64,388 shares of the company’s stock worth $3,993,000 after purchasing an additional 13,036 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Evergy by 6.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 23,182 shares of the company’s stock valued at $1,438,000 after purchasing an additional 1,327 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Evergy by 42.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,135,011 shares of the company’s stock valued at $132,392,000 after purchasing an additional 634,735 shares during the last quarter. Institutional investors and hedge funds own 87.24% of the company’s stock.

Evergy Stock Up 0.1 %

EVRG stock opened at $67.51 on Tuesday. Evergy, Inc. has a one year low of $49.55 and a one year high of $69.93. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.55. The company has a fifty day moving average of $65.86 and a 200-day moving average of $63.15. The stock has a market capitalization of $15.53 billion, a PE ratio of 18.25, a price-to-earnings-growth ratio of 2.82 and a beta of 0.62.

Evergy (NASDAQ:EVRG) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.24 billion. Evergy had a net margin of 14.77% and a return on equity of 8.77%. As a group, analysts expect that Evergy, Inc. will post 3.83 EPS for the current year.

Evergy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were given a dividend of $0.6675 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $2.67 annualized dividend and a dividend yield of 3.95%. Evergy’s payout ratio is currently 70.45%.

Analyst Ratings Changes

EVRG has been the topic of several research analyst reports. Barclays lifted their price target on Evergy from $62.00 to $72.00 and gave the stock an “overweight” rating in a research report on Friday, March 7th. LADENBURG THALM/SH SH raised shares of Evergy to a “strong-buy” rating in a report on Monday, March 17th. UBS Group increased their price target on shares of Evergy from $66.00 to $68.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Guggenheim upgraded shares of Evergy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. One analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $68.36.

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.