World Asset Management Inc cut its holdings in Evergy (NASDAQ:EVRG) by 1.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,534 shares of the company’s stock after selling 269 shares during the period. World Asset Management Inc’s holdings in Evergy were worth $814,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Dimensional Fund Advisors LP lifted its stake in shares of Evergy by 2.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,080,468 shares of the company’s stock worth $61,336,000 after buying an additional 22,091 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Evergy by 6.4% during the 4th quarter. Geode Capital Management LLC now owns 3,525,405 shares of the company’s stock worth $199,800,000 after buying an additional 212,498 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of Evergy by 43.8% during the 4th quarter. Thrivent Financial for Lutherans now owns 16,749 shares of the company’s stock worth $951,000 after buying an additional 5,104 shares during the last quarter. American Century Companies Inc. acquired a new stake in shares of Evergy during the 4th quarter worth about $418,000. Finally, Dorsey Wright & Associates acquired a new stake in shares of Evergy during the 1st quarter worth about $287,000.
In related news, EVP Greg A. Greenwood sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $59.32, for a total transaction of $296,600.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director S Carl Soderstrom, Jr. sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $58.30, for a total transaction of $233,200.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 10,000 shares of company stock worth $588,040.
EVRG has been the subject of a number of research reports. Zacks Investment Research cut shares of Evergy from a “hold” rating to a “sell” rating and set a $65.00 target price for the company. in a research note on Thursday, July 18th. UBS Group raised their target price on shares of Evergy from $58.00 to $61.00 and gave the stock a “neutral” rating in a research note on Friday, June 7th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $61.20.
Shares of NASDAQ EVRG traded up $0.26 during mid-day trading on Friday, reaching $60.83. 1,542,022 shares of the company were exchanged, compared to its average volume of 1,679,035. The firm’s 50-day moving average is $60.88. Evergy has a twelve month low of $54.19 and a twelve month high of $62.12.
Evergy (NASDAQ:EVRG) last posted its earnings results on Wednesday, May 8th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.02. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the prior year, the business posted $0.34 EPS.
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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