Evergy, Inc. (NASDAQ:EVRG) Shares Acquired by Allworth Financial LP

Allworth Financial LP lifted its holdings in shares of Evergy, Inc. (NASDAQ:EVRG) by 84.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,975 shares of the company’s stock after buying an additional 3,654 shares during the period. Allworth Financial LP’s holdings in Evergy were worth $501,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of EVRG. Creative Planning grew its holdings in shares of Evergy by 0.7% during the third quarter. Creative Planning now owns 123,594 shares of the company’s stock valued at $7,664,000 after purchasing an additional 812 shares during the last quarter. Bleakley Financial Group LLC bought a new position in Evergy during the 3rd quarter worth $207,000. Blue Trust Inc. increased its position in Evergy by 44.8% in the third quarter. Blue Trust Inc. now owns 2,148 shares of the company’s stock worth $133,000 after buying an additional 665 shares during the period. Eastern Bank acquired a new stake in Evergy in the third quarter worth $246,000. Finally, Private Advisor Group LLC lifted its stake in Evergy by 3.6% in the third quarter. Private Advisor Group LLC now owns 14,001 shares of the company’s stock valued at $868,000 after buying an additional 481 shares during the last quarter. Institutional investors and hedge funds own 87.24% of the company’s stock.

Evergy Trading Down 0.0 %

Evergy stock opened at $67.25 on Friday. Evergy, Inc. has a 12-month low of $48.60 and a 12-month high of $67.89. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.55 and a quick ratio of 0.32. The stock has a market capitalization of $15.47 billion, a PE ratio of 18.18, a price-to-earnings-growth ratio of 2.81 and a beta of 0.66. The firm has a 50 day simple moving average of $63.11 and a 200-day simple moving average of $61.78.

Wall Street Analyst Weigh In

EVRG has been the subject of several recent research reports. Mizuho assumed coverage on shares of Evergy in a research report on Tuesday, October 29th. They set an “outperform” rating and a $67.00 price target for the company. LADENBURG THALM/SH SH upgraded shares of Evergy from a “neutral” rating to a “buy” rating and upped their target price for the stock from $59.00 to $68.50 in a research report on Thursday, January 2nd. Barclays cut their price target on Evergy from $65.00 to $62.00 and set an “overweight” rating on the stock in a report on Monday, January 27th. Finally, Guggenheim raised Evergy from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $65.36.

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.