Willingdon Wealth Management lifted its position in shares of Evergy (NASDAQ:EVRG) by 5.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 67,002 shares of the company’s stock after acquiring an additional 3,369 shares during the period. Willingdon Wealth Management’s holdings in Evergy were worth $4,030,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Truvestments Capital LLC acquired a new stake in shares of Evergy during the 1st quarter valued at approximately $25,000. CWM LLC increased its position in Evergy by 325.0% in the second quarter. CWM LLC now owns 425 shares of the company’s stock worth $26,000 after buying an additional 325 shares during the period. Blue Sky Asset Management LLC acquired a new stake in Evergy in the first quarter worth $32,000. Bremer Bank National Association acquired a new stake in Evergy in the first quarter worth $37,000. Finally, Centersquare Investment Management LLC acquired a new stake in Evergy in the first quarter worth $38,000.
In other news, SVP Heather A. Humphrey sold 1,000 shares of the stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $58.24, for a total value of $58,240.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Greg A. Greenwood sold 5,000 shares of the stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $59.32, for a total value of $296,600.00. The disclosure for this sale can be found here. In the last three months, insiders sold 10,000 shares of company stock valued at $588,040.
Several brokerages have weighed in on EVRG. UBS Group increased their target price 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 lowered Evergy from a “hold” rating to a “sell” rating and set a $65.00 target price on the stock. in a research report on Thursday, July 18th. Finally, SunTrust Banks increased their target price on Evergy from $66.00 to $67.00 and gave the stock a “buy” rating in a research report on Friday. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $62.17.
NASDAQ EVRG traded up $0.64 during trading hours on Tuesday, hitting $63.71. The company had a trading volume of 80,928 shares, compared to its average volume of 1,665,451. Evergy has a fifty-two week low of $54.19 and a fifty-two week high of $63.36. The business has a fifty day moving average of $61.06.
Evergy (NASDAQ:EVRG) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.02). The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same period last year, the firm posted $0.67 earnings per share.
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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