Retirement Planning Group Increases Holdings in Evergy (NASDAQ:EVRG)

Retirement Planning Group raised its stake in shares of Evergy (NASDAQ:EVRG) by 3.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 17,404 shares of the company’s stock after buying an additional 576 shares during the period. Evergy comprises approximately 0.2% of Retirement Planning Group’s holdings, making the stock its 28th largest position. Retirement Planning Group’s holdings in Evergy were worth $1,047,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in EVRG. First Quadrant L P CA boosted its holdings in Evergy by 1,823.7% in the 2nd quarter. First Quadrant L P CA now owns 33,088 shares of the company’s stock worth $1,990,000 after buying an additional 31,368 shares during the period. Reilly Financial Advisors LLC raised its position in Evergy by 6.6% in the 2nd quarter. Reilly Financial Advisors LLC now owns 25,934 shares of the company’s stock worth $1,560,000 after purchasing an additional 1,614 shares during the period. State of Alaska Department of Revenue raised its position in Evergy by 5.0% in the 2nd quarter. State of Alaska Department of Revenue now owns 356,903 shares of the company’s stock worth $21,465,000 after purchasing an additional 16,933 shares during the period. Perella Weinberg Partners Capital Management LP increased its position in shares of Evergy by 10.1% during the second quarter. Perella Weinberg Partners Capital Management LP now owns 25,807 shares of the company’s stock worth $1,552,000 after acquiring an additional 2,369 shares during the period. Finally, AE Wealth Management LLC increased its position in shares of Evergy by 23.6% during the second quarter. AE Wealth Management LLC now owns 5,072 shares of the company’s stock worth $305,000 after acquiring an additional 968 shares during the period.

EVRG traded down $0.45 on Monday, reaching $60.38. 27,458 shares of the company’s stock were exchanged, compared to its average volume of 1,679,035. Evergy has a twelve month low of $54.19 and a twelve month high of $62.12. The business has a fifty day moving average price of $60.88.

Evergy (NASDAQ:EVRG) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.02. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the previous year, the firm posted $0.34 earnings per share.

Several brokerages recently issued reports on EVRG. UBS Group lifted their price objective on shares of Evergy from $58.00 to $61.00 and gave the company a “neutral” rating in a report on Friday, June 7th. 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 report on Thursday, July 18th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. Evergy has an average rating of “Hold” and a consensus target price of $61.20.

In other Evergy news, SVP Heather A. Humphrey sold 1,000 shares of the business’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $58.24, for a total value of $58,240.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Greg A. Greenwood sold 5,000 shares of the business’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 disclosure for this sale can be found here. Insiders have sold 10,000 shares of company stock worth $588,040 over the last 90 days.

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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Institutional Ownership by Quarter for Evergy (NASDAQ:EVRG)

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