Virtu Financial LLC Has $288,000 Position in Evergy, Inc. (NASDAQ:EVRG)

Virtu Financial LLC lessened its position in shares of Evergy, Inc. (NASDAQ:EVRG) by 58.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,680 shares of the company’s stock after selling 6,481 shares during the period. Virtu Financial LLC’s holdings in Evergy were worth $288,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. FMR LLC lifted its stake in Evergy by 131.4% during the third quarter. FMR LLC now owns 2,004,414 shares of the company’s stock worth $124,294,000 after purchasing an additional 1,138,138 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of Evergy by 15,406.4% during the 4th quarter. SG Americas Securities LLC now owns 921,546 shares of the company’s stock worth $56,721,000 after buying an additional 915,603 shares in the last quarter. Brandes Investment Partners LP bought a new stake in shares of Evergy during the 4th quarter worth $55,652,000. Point72 Asset Management L.P. boosted its stake in Evergy by 25.8% in the third quarter. Point72 Asset Management L.P. now owns 2,848,735 shares of the company’s stock valued at $176,650,000 after buying an additional 583,923 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in Evergy in the fourth quarter valued at about $32,488,000. 87.24% of the stock is owned by institutional investors.

Evergy Stock Down 0.0 %

NASDAQ:EVRG opened at $67.32 on Friday. 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 current ratio of 0.55 and a quick ratio of 0.32. The company has a market cap of $15.48 billion, a PE ratio of 18.19, a P/E/G ratio of 2.82 and a beta of 0.62. The firm’s 50 day simple moving average is $66.16 and its 200 day simple moving average is $63.25.

Evergy (NASDAQ:EVRG) last issued its quarterly earnings results on Thursday, February 27th. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.24 billion. Evergy had a return on equity of 8.77% and a net margin of 14.77%. On average, research analysts anticipate that Evergy, Inc. will post 3.83 earnings per share for the current year.

Evergy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were paid a $0.6675 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $2.67 annualized dividend and a dividend yield of 3.97%. Evergy’s payout ratio is 70.45%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. LADENBURG THALM/SH SH raised shares of Evergy to a “strong-buy” rating in a report on Monday, March 17th. Guggenheim raised shares of Evergy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. UBS Group raised their target price on shares of Evergy from $66.00 to $68.00 and gave the company a “neutral” rating in a research report on Friday, March 21st. Finally, Barclays upped their price target on shares of Evergy from $62.00 to $72.00 and gave the stock an “overweight” rating in a report on Friday, March 7th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $69.08.

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.