Evergy (EVRG) SVP Jerl L. Banning Sells 8,770 Shares

Evergy (NASDAQ:EVRG) SVP Jerl L. Banning sold 8,770 shares of the stock in a transaction that occurred on Friday, September 14th. The shares were sold at an average price of $57.75, for a total value of $506,467.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Evergy stock opened at $57.70 on Tuesday. Evergy has a fifty-two week low of $47.06 and a fifty-two week high of $59.28.

Evergy (NASDAQ:EVRG) last issued its quarterly earnings data on Thursday, August 9th. The company reported $0.56 earnings per share for the quarter, hitting the consensus estimate of $0.56. The business had revenue of $893.40 million during the quarter, compared to analysts’ expectations of $623.51 million. The company’s revenue was up 46.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.50 earnings per share.

The firm also recently disclosed a dividend, which will be paid on Thursday, September 20th. Investors of record on Wednesday, August 29th will be given a $0.46 dividend. The ex-dividend date is Tuesday, August 28th.

Several research firms recently commented on EVRG. SunTrust Banks began coverage on Evergy in a report on Tuesday, June 5th. They issued a “buy” rating and a $61.00 price target for the company. Zacks Investment Research cut Evergy from a “hold” rating to a “strong sell” rating in a report on Saturday, July 14th. Bank of America began coverage on Evergy in a report on Tuesday, June 5th. They issued a “neutral” rating for the company. UBS Group increased their price target on Evergy from $56.00 to $57.00 and gave the company a “neutral” rating in a report on Thursday, June 21st. Finally, Guggenheim began coverage on Evergy in a report on Friday, June 15th. They issued a “buy” rating and a $58.00 price target for the company. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $59.75.

A number of institutional investors have recently modified their holdings of the stock. Adviser Investments LLC purchased a new position in Evergy in the second quarter worth approximately $101,000. Proficio Capital Partners LLC purchased a new position in Evergy in the second quarter worth approximately $102,000. Hudock Capital Group LLC purchased a new position in Evergy in the second quarter worth approximately $102,000. M&R Capital Management Inc. purchased a new position in Evergy in the second quarter worth approximately $102,000. Finally, Trust Co. of Vermont purchased a new position in Evergy in the second quarter worth approximately $112,000.

About Evergy

Westar Energy, Inc engages in the generation, transmission and distribution of electricity in Kansas. It provides electricity to residential, commercial, and industrial customers in the cities of Topeka, Lawrence, Manhattan, Salina, and Hutchinson. The company was founded in 1924 and is headquartered in Topeka, KS.

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