V Square Quantitative Management LLC Has $273,000 Stock Holdings in Evergy, Inc. (NASDAQ:EVRG)

V Square Quantitative Management LLC trimmed its position in Evergy, Inc. (NASDAQ:EVRG) by 7.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,438 shares of the company’s stock after selling 336 shares during the quarter. V Square Quantitative Management LLC’s holdings in Evergy were worth $273,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Van ECK Associates Corp grew its holdings in Evergy by 8.5% in the 4th quarter. Van ECK Associates Corp now owns 116,709 shares of the company’s stock valued at $7,184,000 after buying an additional 9,140 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Evergy by 102.1% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 60,494 shares of the company’s stock valued at $3,729,000 after buying an additional 30,563 shares in the last quarter. Kentucky Trust Co acquired a new position in Evergy in the 4th quarter valued at $284,000. Quent Capital LLC grew its holdings in Evergy by 4.6% in the 4th quarter. Quent Capital LLC now owns 3,692 shares of the company’s stock valued at $227,000 after buying an additional 163 shares in the last quarter. Finally, Summit Trail Advisors LLC grew its holdings in Evergy by 46.5% in the 4th quarter. Summit Trail Advisors LLC now owns 6,915 shares of the company’s stock valued at $426,000 after buying an additional 2,195 shares in the last quarter. 87.24% of the stock is owned by institutional investors and hedge funds.

Evergy Price Performance

Shares of EVRG stock opened at $66.66 on Monday. The company has a quick ratio of 0.32, a current ratio of 0.55 and a debt-to-equity ratio of 1.15. Evergy, Inc. has a twelve month low of $48.60 and a twelve month high of $67.89. The company has a market cap of $15.33 billion, a P/E ratio of 18.02, a P/E/G ratio of 2.75 and a beta of 0.66. The business has a fifty day simple moving average of $62.73 and a 200 day simple moving average of $61.61.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Barclays reduced their target price on Evergy from $65.00 to $62.00 and set an “overweight” rating on the stock in a report on Monday, January 27th. Mizuho assumed coverage on Evergy in a report on Tuesday, October 29th. They set an “outperform” rating and a $67.00 target price on the stock. Guggenheim raised Evergy from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Finally, LADENBURG THALM/SH SH raised Evergy from a “neutral” rating to a “buy” rating and increased their target price for the stock from $59.00 to $68.50 in a report on Thursday, January 2nd. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Evergy has an average rating of “Moderate Buy” and a consensus 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.