Evergy (NASDAQ:EVRG) insider Terry D. Bassham sold 10,940 shares of Evergy stock in a transaction that occurred on Tuesday, December 4th. The shares were sold at an average price of $60.54, for a total transaction of $662,307.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
NASDAQ EVRG traded down $0.46 during trading on Friday, reaching $60.31. The company’s stock had a trading volume of 1,682,727 shares, compared to its average volume of 1,484,144. Evergy has a 1-year low of $47.06 and a 1-year high of $61.10.
Evergy (NASDAQ:EVRG) last issued its quarterly earnings data on Thursday, November 8th. The company reported $1.32 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.26 by $0.06. The firm had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same quarter in the previous year, the firm posted $1.11 earnings per share. Evergy’s quarterly revenue was up 99.2% compared to the same quarter last year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 20th. Stockholders of record on Thursday, November 29th will be paid a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date is Wednesday, November 28th.
Several institutional investors have recently modified their holdings of EVRG. BlackRock Inc. acquired a new stake in shares of Evergy in the second quarter worth $1,068,152,000. FMR LLC acquired a new stake in shares of Evergy in the second quarter worth $437,286,000. Commonwealth Bank of Australia acquired a new stake in shares of Evergy in the second quarter worth $337,943,000. Renaissance Technologies LLC acquired a new stake in shares of Evergy in the second quarter worth $301,928,000. Finally, Millennium Management LLC acquired a new stake in shares of Evergy in the second quarter worth $224,008,000.
A number of analysts have issued reports on the stock. UBS Group reduced their target price on shares of Evergy from $60.00 to $58.00 and set a “neutral” rating for the company in a research note on Friday, September 21st. Zacks Investment Research upgraded shares of Evergy from a “hold” rating to a “strong-buy” rating and set a $65.00 target price for the company in a research note on Wednesday, October 10th. Finally, Wells Fargo & Co set a $62.00 target price on shares of Evergy and gave the company a “buy” rating in a research note on Friday, October 5th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $60.80.
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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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