Louisiana State Employees Retirement System lowered its stake in shares of Evergy (NASDAQ:EVRG) by 2.9% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,400 shares of the company’s stock after selling 400 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Evergy were worth $778,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Financial Architects Inc boosted its position in Evergy by 23.6% during the fourth quarter. Financial Architects Inc now owns 1,016 shares of the company’s stock worth $58,000 after purchasing an additional 194 shares during the period. Virtu Financial LLC raised its stake in Evergy by 3.3% in the fourth quarter. Virtu Financial LLC now owns 6,692 shares of the company’s stock valued at $380,000 after purchasing an additional 214 shares in the last quarter. First PREMIER Bank raised its stake in Evergy by 0.6% in the fourth quarter. First PREMIER Bank now owns 45,289 shares of the company’s stock valued at $2,571,000 after purchasing an additional 255 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its stake in Evergy by 1.6% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 16,430 shares of the company’s stock valued at $933,000 after purchasing an additional 260 shares in the last quarter. Finally, Wade G W & Inc. raised its stake in Evergy by 3.4% in the fourth quarter. Wade G W & Inc. now owns 8,163 shares of the company’s stock valued at $463,000 after purchasing an additional 269 shares in the last quarter.

EVRG stock opened at $56.57 on Monday. Evergy has a one year low of $50.89 and a one year high of $61.10.

Evergy (NASDAQ:EVRG) last posted its quarterly earnings results on Thursday, February 21st. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.16). The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.26 billion.

In other Evergy news, EVP Anthony D. Somma sold 2,000 shares of Evergy stock in a transaction that occurred on Tuesday, April 9th. The shares were 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 can be accessed through the SEC website. Also, EVP Anthony D. Somma sold 1,000 shares of Evergy stock in a transaction that occurred on Friday, January 25th. The stock was sold at an average price of $56.98, for a total transaction of $56,980.00. The disclosure for this sale can be found here. Insiders have sold 15,632 shares of company stock worth $896,194 over the last three months.

EVRG has been the topic of a number of recent analyst reports. Goldman Sachs Group downgraded shares of Evergy from a “neutral” rating to a “sell” rating and raised their target price for the company from $53.00 to $56.00 in a research note on Friday, January 4th. Zacks Investment Research raised shares of Evergy from a “hold” rating to a “strong-buy” rating and set a $64.00 target price on the stock in a research note on Friday, January 11th. Finally, Bank of America raised shares of Evergy from a “neutral” rating to a “buy” rating and set a $62.00 target price on the stock in a research note on Tuesday, February 12th. Two analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company’s stock. Evergy presently has a consensus rating of “Hold” and an average target price of $60.14.

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Evergy 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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Institutional Ownership by Quarter for Evergy (NASDAQ:EVRG)

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