5,900 Shares in Evergy, Inc. (NASDAQ:EVRG) Purchased by Keybank National Association OH

Keybank National Association OH purchased a new position in shares of Evergy, Inc. (NASDAQ:EVRG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,900 shares of the company's stock, valued at approximately $363,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Miller Howard Investments Inc. NY raised its holdings in shares of Evergy by 1.4% during the fourth quarter. Miller Howard Investments Inc. NY now owns 11,741 shares of the company's stock worth $723,000 after purchasing an additional 162 shares during the last quarter. Quent Capital LLC grew its position in Evergy by 4.6% during the 4th quarter. Quent Capital LLC now owns 3,692 shares of the company's stock worth $227,000 after purchasing an additional 163 shares during the period. Sunbelt Securities Inc. raised its stake in shares of Evergy by 2.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 7,778 shares of the company's stock valued at $482,000 after buying an additional 168 shares during the last quarter. Empirical Finance LLC lifted its holdings in shares of Evergy by 2.3% in the 3rd quarter. Empirical Finance LLC now owns 7,751 shares of the company's stock valued at $481,000 after buying an additional 171 shares during the period. Finally, Mather Group LLC. boosted its stake in shares of Evergy by 5.7% in the fourth quarter. Mather Group LLC. now owns 3,231 shares of the company's stock worth $199,000 after buying an additional 173 shares during the last quarter. 87.24% of the stock is currently owned by institutional investors and hedge funds.

Evergy Price Performance

Evergy stock traded up $0.31 during trading on Thursday, reaching $66.61. The company had a trading volume of 2,703,078 shares, compared to its average volume of 1,813,278. The firm has a market capitalization of $15.32 billion, a PE ratio of 18.00, a price-to-earnings-growth ratio of 2.82 and a beta of 0.62. The firm's 50-day simple moving average is $64.80 and its 200 day simple moving average is $62.67. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.55. Evergy, Inc. has a 1-year low of $49.55 and a 1-year high of $69.93.

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

Evergy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Monday, March 10th will be issued a dividend of $0.6675 per share. The ex-dividend date is Monday, March 10th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.01%. Evergy's payout ratio is currently 70.45%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Guggenheim upgraded Evergy from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. LADENBURG THALM/SH SH raised shares of Evergy from a "neutral" rating to a "buy" rating and lifted their target price for the company from $59.00 to $68.50 in a report on Thursday, January 2nd. Finally, Barclays increased their price target on shares of Evergy from $62.00 to $72.00 and gave the stock an "overweight" rating in a report on Friday, March 7th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Evergy has a consensus rating of "Moderate Buy" and an average price target of $66.79.

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.