Wealthfront Advisers LLC grew its stake in Evergy (NASDAQ:EVRG) by 36.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,077 shares of the company’s stock after purchasing an additional 4,516 shares during the period. Wealthfront Advisers LLC’s holdings in Evergy were worth $991,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently added to or reduced their stakes in EVRG. PNC Financial Services Group Inc. grew its position in Evergy by 1.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 17,433 shares of the company’s stock worth $1,012,000 after acquiring an additional 219 shares during the last quarter. Heritage Wealth Advisors grew its position in Evergy by 19.4% during the 1st quarter. Heritage Wealth Advisors now owns 1,378 shares of the company’s stock worth $80,000 after acquiring an additional 224 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. grew its position in Evergy by 1.6% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 16,430 shares of the company’s stock worth $933,000 after acquiring an additional 260 shares during the last quarter. Sullivan Bruyette Speros & Blaney LLC grew its position in Evergy by 7.2% during the 1st quarter. Sullivan Bruyette Speros & Blaney LLC now owns 4,000 shares of the company’s stock worth $232,000 after acquiring an additional 270 shares during the last quarter. Finally, Parallel Advisors LLC grew its position in Evergy by 9.6% during the 1st quarter. Parallel Advisors LLC now owns 3,298 shares of the company’s stock worth $191,000 after acquiring an additional 288 shares during the last quarter.
In other Evergy news, EVP Anthony D. Somma sold 2,000 shares of the company’s stock in a transaction on Tuesday, April 9th. The stock was sold at an average price of $57.10, for a total transaction of $114,200.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Heather A. Humphrey sold 1,000 shares of the company’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $57.37, for a total value of $57,370.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 13,000 shares of company stock worth $759,610.
NASDAQ:EVRG traded up $0.24 during trading hours on Friday, hitting $60.41. 486,274 shares of the stock were exchanged, compared to its average volume of 1,745,936. Evergy has a twelve month low of $51.63 and a twelve month high of $61.37.
Evergy (NASDAQ:EVRG) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.02. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period in the prior year, the company posted $0.34 EPS.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Thursday, May 30th will be issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 3.15%. The ex-dividend date of this dividend is Wednesday, May 29th.
A number of research firms recently commented on EVRG. UBS Group increased their price target on Evergy from $58.00 to $61.00 and gave the stock a “neutral” rating in a research report on Friday, June 7th. Zacks Investment Research upgraded Evergy from a “sell” rating to a “hold” rating in a research report on Wednesday, April 24th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. Evergy presently has a consensus rating of “Hold” and a consensus price target of $60.50.
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Evergy Company Profile
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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