Verition Fund Management LLC acquired a new stake in shares of Evergy (NASDAQ:EVRG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 14,173 shares of the company’s stock, valued at approximately $796,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Adviser Investments LLC acquired a new position in Evergy during the 2nd quarter worth about $101,000. Proficio Capital Partners LLC acquired a new position in Evergy during the 2nd quarter worth about $102,000. Hudock Capital Group LLC acquired a new position in Evergy during the 2nd quarter worth about $102,000. M&R Capital Management Inc. acquired a new position in Evergy during the 2nd quarter worth about $102,000. Finally, First Financial Corp IN acquired a new position in Evergy during the 2nd quarter worth about $112,000.

Shares of EVRG opened at $55.65 on Tuesday. Evergy has a 52 week low of $47.06 and a 52 week high of $59.28.

Evergy (NASDAQ:EVRG) last issued its quarterly earnings data on Thursday, August 9th. The company reported $0.56 EPS for the quarter, hitting analysts’ consensus estimates of $0.56. The company had revenue of $893.40 million for the quarter, compared to the consensus estimate of $623.51 million. The business’s revenue for the quarter was up 46.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.50 earnings per share.

The business also recently disclosed a dividend, which was paid on Thursday, September 20th. Shareholders of record on Wednesday, August 29th were issued a dividend of $0.46 per share. The ex-dividend date was Tuesday, August 28th.

A number of analysts recently commented on EVRG shares. Bank of America started coverage on Evergy in a research report on Tuesday, June 5th. They issued a “neutral” rating for the company. Zacks Investment Research lowered Evergy from a “buy” rating to a “hold” rating in a research report on Friday, June 8th. SunTrust Banks started coverage on Evergy in a research report on Tuesday, June 5th. They issued a “buy” rating and a $61.00 target price for the company. UBS Group boosted their target price on Evergy from $56.00 to $57.00 and gave the company a “neutral” rating in a research report on Thursday, June 21st. Finally, Guggenheim started coverage on Evergy in a research report on Friday, June 15th. They issued a “buy” rating and a $58.00 target price for the company. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $60.00.

In other Evergy news, Director Richard L. Hawley sold 2,100 shares of the business’s stock in a transaction that occurred on Friday, August 24th. The stock was sold at an average price of $57.26, for a total transaction of $120,246.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jerl L. Banning sold 8,770 shares of the business’s stock in a transaction that occurred on Friday, September 14th. The stock was sold at an average price of $57.75, for a total value of $506,467.50. The disclosure for this sale can be found here. Insiders have sold a total of 106,620 shares of company stock valued at $6,136,954 over the last three months.

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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