Evergy Inc. (NASDAQ:EVRG – Get Free Report) Director Sandra Aj Lawrence sold 761 shares of Evergy stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $83.31, for a total value of $63,398.91. Following the sale, the director directly owned 1,680 shares in the company, valued at $139,960.80. The trade was a 31.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
Sandra Aj Lawrence also recently made the following trade(s):
- On Friday, May 29th, Sandra Aj Lawrence sold 400 shares of Evergy stock. The shares were sold at an average price of $82.04, for a total value of $32,816.00.
Evergy Price Performance
Evergy stock opened at $81.35 on Wednesday. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.45 and a quick ratio of 0.24. The company has a market capitalization of $18.75 billion, a PE ratio of 21.58, a price-to-earnings-growth ratio of 2.09 and a beta of 0.54. Evergy Inc. has a one year low of $64.70 and a one year high of $85.27. The business has a 50 day simple moving average of $82.06 and a 200 day simple moving average of $78.85.
Evergy Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, May 22nd will be given a dividend of $0.695 per share. The ex-dividend date is Friday, May 22nd. This represents a $2.78 dividend on an annualized basis and a dividend yield of 3.4%. Evergy’s dividend payout ratio (DPR) is 73.74%.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on EVRG shares. Wells Fargo & Company set a $87.00 price target on shares of Evergy in a research report on Tuesday, April 21st. Mizuho set a $82.00 price objective on shares of Evergy in a report on Monday, February 23rd. BMO Capital Markets lifted their target price on shares of Evergy from $82.00 to $87.00 and gave the company an “outperform” rating in a research note on Monday, February 23rd. Bank of America reduced their target price on Evergy from $89.00 to $88.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Finally, Citigroup increased their price target on Evergy from $89.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $89.60.
View Our Latest Research Report on Evergy
Institutional Investors Weigh In On Evergy
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC grew its stake in shares of Evergy by 0.8% during the first quarter. Kestra Advisory Services LLC now owns 15,829 shares of the company’s stock valued at $1,297,000 after purchasing an additional 124 shares during the last quarter. Retirement Planning Group LLC raised its position in Evergy by 0.6% in the 1st quarter. Retirement Planning Group LLC now owns 23,659 shares of the company’s stock worth $1,938,000 after purchasing an additional 137 shares during the last quarter. Earned Wealth Advisors LLC lifted its holdings in Evergy by 4.9% during the 1st quarter. Earned Wealth Advisors LLC now owns 2,946 shares of the company’s stock worth $241,000 after buying an additional 137 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in Evergy by 0.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 24,981 shares of the company’s stock valued at $1,826,000 after buying an additional 140 shares during the last quarter. Finally, Optiver Holding B.V. boosted its position in Evergy by 14.5% in the 1st quarter. Optiver Holding B.V. now owns 1,107 shares of the company’s stock valued at $91,000 after buying an additional 140 shares during the last quarter. Institutional investors and hedge funds own 87.24% of the company’s stock.
Evergy Company Profile
Evergy, Inc is a regulated electric utility that generates, transmits and distributes electricity to residential, commercial and industrial customers primarily across Kansas and western Missouri. The company provides core utility services including retail electric delivery, grid operations, customer service and outage restoration, operating under state regulatory frameworks. Evergy serves a mix of urban and rural communities, including portions of the Kansas City metropolitan area and other population centers in its service territory.
The company’s business activities span power generation, system planning, transmission and distribution infrastructure, and customer-facing programs such as energy efficiency and demand-side management.
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