New York State Common Retirement Fund Has $24.56 Million Stock Position in Evergy, Inc. (NASDAQ:EVRG)

New York State Common Retirement Fund increased its position in shares of Evergy, Inc. (NASDAQ:EVRG - Free Report) by 292.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 398,950 shares of the company's stock after acquiring an additional 297,289 shares during the quarter. New York State Common Retirement Fund owned 0.17% of Evergy worth $24,555,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Pathway Financial Advisers LLC lifted its holdings in shares of Evergy by 6,854.6% in the third quarter. Pathway Financial Advisers LLC now owns 2,539,001 shares of the company's stock valued at $157,443,000 after purchasing an additional 2,502,493 shares in the last quarter. Mizuho Securities USA LLC raised its position in Evergy by 7,234.3% during the third quarter. Mizuho Securities USA LLC now owns 1,300,000 shares of the company's stock valued at $80,613,000 after buying an additional 1,282,275 shares during the period. FMR LLC boosted its position in Evergy by 131.4% during the 3rd quarter. FMR LLC now owns 2,004,414 shares of the company's stock worth $124,294,000 after acquiring an additional 1,138,138 shares during the period. SG Americas Securities LLC grew its stake in Evergy by 15,406.4% during the 4th quarter. SG Americas Securities LLC now owns 921,546 shares of the company's stock valued at $56,721,000 after acquiring an additional 915,603 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in shares of Evergy by 2,628.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 725,367 shares of the company's stock valued at $44,980,000 after purchasing an additional 698,778 shares during the period. Institutional investors and hedge funds own 87.24% of the company's stock.

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Evergy Stock Up 0.6 %

Shares of EVRG traded up $0.42 during trading hours on Tuesday, hitting $68.81. 2,469,941 shares of the company were exchanged, compared to its average volume of 1,817,348. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.55. The company has a market cap of $15.82 billion, a PE ratio of 18.60, a PEG ratio of 2.82 and a beta of 0.66. The firm's 50 day moving average is $63.52 and its 200-day moving average is $62.03. Evergy, Inc. has a 52 week low of $48.60 and a 52 week high of $69.06.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. LADENBURG THALM/SH SH raised shares of Evergy from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $59.00 to $68.50 in a research report on Thursday, January 2nd. Barclays lowered their price target on shares of Evergy from $65.00 to $62.00 and set an "overweight" rating on the stock in a report on Monday, January 27th. Mizuho started coverage on Evergy in a research report on Tuesday, October 29th. They set an "outperform" rating and a $67.00 price objective for the company. Finally, Guggenheim raised Evergy from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, Evergy currently has a consensus rating of "Moderate Buy" and a consensus price target of $65.36.

About Evergy

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.