Aware Super Pty Ltd as trustee of Aware Super Buys Shares of 27,163 Evergy, Inc. (NASDAQ:EVRG)

Aware Super Pty Ltd as trustee of Aware Super bought a new stake in Evergy, Inc. (NASDAQ:EVRG - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 27,163 shares of the company's stock, valued at approximately $1,672,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. MML Investors Services LLC lifted its holdings in Evergy by 22.1% during the third quarter. MML Investors Services LLC now owns 5,168 shares of the company's stock worth $320,000 after acquiring an additional 935 shares during the period. M&T Bank Corp raised its stake in shares of Evergy by 0.8% during the 3rd quarter. M&T Bank Corp now owns 170,300 shares of the company's stock worth $10,560,000 after purchasing an additional 1,272 shares during the period. Virtu Financial LLC purchased a new position in shares of Evergy in the 3rd quarter worth about $692,000. Sanctuary Advisors LLC grew its position in Evergy by 45.4% during the third quarter. Sanctuary Advisors LLC now owns 23,942 shares of the company's stock valued at $1,539,000 after buying an additional 7,472 shares during the period. Finally, World Investment Advisors LLC increased its holdings in Evergy by 3.9% during the third quarter. World Investment Advisors LLC now owns 5,715 shares of the company's stock worth $354,000 after buying an additional 212 shares during the last quarter. Hedge funds and other institutional investors own 87.24% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on EVRG. Guggenheim raised shares of Evergy from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. Barclays boosted their target price on Evergy from $62.00 to $72.00 and gave the company an "overweight" rating in a research note on Friday, March 7th. LADENBURG THALM/SH SH upgraded Evergy to a "strong-buy" rating in a research note on Monday, March 17th. Finally, UBS Group upped their price objective on shares of Evergy from $66.00 to $68.00 and gave the company a "neutral" rating in a report on Friday, March 21st. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of $69.08.

Evergy Price Performance

EVRG stock traded down $1.01 during mid-day trading on Monday, reaching $67.37. 345,540 shares of the company traded hands, compared to its average volume of 1,954,719. The company has a fifty day moving average price of $67.18 and a 200-day moving average price of $63.98. Evergy, Inc. has a 52-week low of $51.49 and a 52-week high of $70.30. The company has a market capitalization of $15.49 billion, a P/E ratio of 18.21, a P/E/G ratio of 2.82 and a beta of 0.52. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.55 and a quick ratio of 0.32.

Evergy (NASDAQ:EVRG - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported $0.35 earnings per share for the quarter, missing analysts' consensus estimates of $0.46 by ($0.11). Evergy had a return on equity of 8.77% and a net margin of 14.77%. The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.24 billion. As a group, analysts anticipate that Evergy, Inc. will post 3.83 earnings per share for the current year.

Evergy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 10th were given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 3.96%. The ex-dividend date was Monday, March 10th. Evergy's payout ratio is 70.45%.

Evergy Company Profile

Evergy, Inc, together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities.