Atria Investments Inc Has $493,000 Stake in Evergy, Inc. (NASDAQ:EVRG)

Atria Investments Inc increased its stake in shares of Evergy, Inc. (NASDAQ:EVRG - Free Report) by 101.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,016 shares of the company's stock after acquiring an additional 4,030 shares during the quarter. Atria Investments Inc's holdings in Evergy were worth $493,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Mizuho Securities USA LLC lifted its holdings in shares of Evergy by 7,234.3% during the 3rd quarter. Mizuho Securities USA LLC now owns 1,300,000 shares of the company's stock worth $80,613,000 after acquiring an additional 1,282,275 shares during the period. FMR LLC boosted its holdings in Evergy by 131.4% during the third quarter. FMR LLC now owns 2,004,414 shares of the company's stock valued at $124,294,000 after purchasing an additional 1,138,138 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Evergy by 15,406.4% in the 4th quarter. SG Americas Securities LLC now owns 921,546 shares of the company's stock valued at $56,721,000 after purchasing an additional 915,603 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Evergy by 42.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,135,011 shares of the company's stock worth $132,392,000 after buying an additional 634,735 shares in the last quarter. Finally, Point72 Asset Management L.P. raised its holdings in shares of Evergy by 25.8% in the 3rd quarter. Point72 Asset Management L.P. now owns 2,848,735 shares of the company's stock worth $176,650,000 after buying an additional 583,923 shares in the last quarter. 87.24% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

A number of analysts have 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 to a "strong-buy" rating in a report on Monday. Finally, Barclays boosted their price target on shares of Evergy from $62.00 to $72.00 and gave the company an "overweight" rating in a research report on Friday, March 7th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $68.42.

Evergy Stock Up 1.0 %

Shares of Evergy stock traded up $0.68 on Wednesday, reaching $67.78. 1,209,649 shares of the company were exchanged, compared to its average volume of 1,809,608. The company has a market capitalization of $15.59 billion, a price-to-earnings ratio of 18.32, a PEG ratio of 2.82 and a beta of 0.62. Evergy, Inc. has a one year low of $49.55 and a one year high of $69.93. The company has a 50-day moving average of $65.30 and a 200 day moving average of $62.93. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15.

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

Evergy Dividend Announcement

The firm also recently declared 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. This represents a $2.67 annualized dividend and a yield of 3.94%. The ex-dividend date is Monday, March 10th. Evergy's dividend payout ratio is 70.45%.

Evergy 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.