J.W. Cole Advisors Inc. boosted its position in shares of Evergy, Inc. (NASDAQ:EVRG – Free Report) by 4.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,541 shares of the company’s stock after purchasing an additional 735 shares during the period. J.W. Cole Advisors Inc.’s holdings in Evergy were worth $1,018,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Pathway Financial Advisers LLC grew its stake in shares of Evergy by 6,854.6% in the 3rd quarter. Pathway Financial Advisers LLC now owns 2,539,001 shares of the company’s stock valued at $157,443,000 after buying an additional 2,502,493 shares in the last quarter. Mizuho Securities USA LLC lifted its stake in Evergy by 7,234.3% in the third quarter. Mizuho Securities USA LLC now owns 1,300,000 shares of the company’s stock valued at $80,613,000 after acquiring an additional 1,282,275 shares during the last quarter. FMR LLC grew its position in Evergy by 131.4% in the third 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 in the last quarter. SG Americas Securities LLC increased its stake in shares of Evergy by 15,406.4% during the 4th quarter. SG Americas Securities LLC now owns 921,546 shares of the company’s stock worth $56,721,000 after purchasing an additional 915,603 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Evergy by 2,628.1% during 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 in the last quarter. Hedge funds and other institutional investors own 87.24% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on EVRG shares. Barclays decreased their price objective on shares of Evergy from $65.00 to $62.00 and set an “overweight” rating for the company in a report on Monday, January 27th. LADENBURG THALM/SH SH upgraded Evergy from a “neutral” rating to a “buy” rating and upped their price target for the stock from $59.00 to $68.50 in a research note on Thursday, January 2nd. Guggenheim raised Evergy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, Mizuho began coverage on Evergy in a report on Tuesday, October 29th. They issued an “outperform” rating and a $67.00 target price for the company. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Evergy presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.36.
Evergy Price Performance
NASDAQ EVRG opened at $67.07 on Wednesday. The stock has a 50-day simple moving average of $62.91 and a 200 day simple moving average of $61.71. Evergy, Inc. has a twelve month low of $48.60 and a twelve month high of $67.89. The stock has a market capitalization of $15.42 billion, a PE ratio of 18.13, a P/E/G ratio of 2.75 and a beta of 0.66. 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 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.
Further Reading
- Five stocks we like better than Evergy
- How to Short Nasdaq: An Easy-to-Follow Guide
- Hims & Hers Earnings Could Be a Game Changer—What to Do Now
- What Are Dividend Champions? How to Invest in the Champions
- DeepSeek IPO Remains Far Off—Investors Eye 4 Chinese AI Stocks
- The Basics of Support and Resistance
- Mortgage Market Bottom? Why Rocket Companies Could Be a Buy
Receive News & Ratings for Evergy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evergy and related companies with MarketBeat.com's FREE daily email newsletter.