Vaughan David Investments LLC IL Sells 231 Shares of Evergy, Inc. (NASDAQ:EVRG)

Vaughan David Investments LLC IL trimmed its holdings in shares of Evergy, Inc. (NASDAQ:EVRG) by 4.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,532 shares of the company’s stock after selling 231 shares during the quarter. Vaughan David Investments LLC IL’s holdings in Evergy were worth $340,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Pathway Financial Advisers LLC increased its holdings in 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 during the period. Mizuho Securities USA LLC grew its position in shares of Evergy by 7,234.3% in the 3rd 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 last quarter. FMR LLC increased its stake in shares of Evergy by 131.4% in the third quarter. FMR LLC now owns 2,004,414 shares of the company’s stock valued at $124,294,000 after buying an additional 1,138,138 shares during the period. SG Americas Securities LLC raised its position in shares of Evergy by 15,406.4% during the fourth quarter. SG Americas Securities LLC now owns 921,546 shares of the company’s stock worth $56,721,000 after acquiring an additional 915,603 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Evergy by 42.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,135,011 shares of the company’s stock worth $132,392,000 after acquiring an additional 634,735 shares during the period. 87.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

EVRG has been the subject of a number of recent analyst reports. Barclays decreased their target price on shares of Evergy from $65.00 to $62.00 and set an “overweight” rating for the company in a research report on Monday, January 27th. LADENBURG THALM/SH SH raised shares of Evergy from a “neutral” rating to a “buy” rating and upped their price objective for the company from $59.00 to $68.50 in a research note on Thursday, January 2nd. Mizuho began coverage on shares of Evergy in a research note on Tuesday, October 29th. They set an “outperform” rating and a $67.00 target price for the company. Finally, Guggenheim raised shares of Evergy from a “neutral” rating to a “buy” rating in a research 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, Evergy currently has a consensus rating of “Moderate Buy” and an average price target of $65.36.

Evergy Stock Up 0.6 %

Evergy stock opened at $68.81 on Wednesday. The company has a market capitalization of $15.82 billion, a PE ratio of 18.60, a PEG ratio of 2.82 and a beta of 0.66. Evergy, Inc. has a 12-month low of $48.60 and a 12-month high of $69.06. The firm’s fifty day moving average is $63.52 and its 200 day moving average is $62.03. 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 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.