Leeward Investments LLC MA Has $8.08 Million Holdings in Evergy, Inc. (NYSE:EVRG)

Leeward Investments LLC MA cut its holdings in Evergy, Inc. (NYSE:EVRG) by 20.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 130,232 shares of the company’s stock after selling 33,733 shares during the quarter. Leeward Investments LLC MA owned 0.06% of Evergy worth $8,076,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Manning & Napier Advisors LLC acquired a new position in shares of Evergy during the second quarter worth approximately $112,464,000. Wedge Capital Management L L P NC raised its position in shares of Evergy by 8.0% during the second quarter. Wedge Capital Management L L P NC now owns 260,331 shares of the company’s stock worth $13,790,000 after purchasing an additional 19,193 shares during the period. State Board of Administration of Florida Retirement System raised its position in shares of Evergy by 11.2% during the first quarter. State Board of Administration of Florida Retirement System now owns 316,455 shares of the company’s stock worth $16,892,000 after purchasing an additional 31,985 shares during the period. Entropy Technologies LP raised its position in shares of Evergy by 129.2% during the first quarter. Entropy Technologies LP now owns 36,838 shares of the company’s stock worth $1,966,000 after purchasing an additional 20,764 shares during the period. Finally, Acadian Asset Management LLC raised its position in shares of Evergy by 4,661.9% during the first quarter. Acadian Asset Management LLC now owns 12,381 shares of the company’s stock worth $659,000 after purchasing an additional 12,121 shares during the period. 87.24% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Ann D. Murtlow sold 3,301 shares of the stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $58.85, for a total transaction of $194,263.85. Following the sale, the director now owns 2,847 shares of the company’s stock, valued at approximately $167,545.95. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Evergy news, Director Ann D. Murtlow sold 3,301 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $58.85, for a total value of $194,263.85. Following the sale, the director now owns 2,847 shares of the company’s stock, valued at $167,545.95. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Charles A. Caisley sold 9,236 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $59.63, for a total value of $550,742.68. Following the completion of the sale, the senior vice president now directly owns 33,425 shares in the company, valued at approximately $1,993,132.75. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,884 shares of company stock valued at $941,810. Corporate insiders own 3.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on EVRG shares. Jefferies Financial Group started coverage on Evergy in a research report on Thursday, September 19th. They set a “buy” rating and a $70.00 target price on the stock. Barclays lowered their price target on Evergy from $67.00 to $65.00 and set an “overweight” rating for the company in a research report on Monday, October 21st. Mizuho started coverage on Evergy in a research report on Tuesday, October 29th. They issued an “outperform” rating and a $67.00 price target for the company. UBS Group raised Evergy to a “hold” rating in a research report on Wednesday, September 18th. Finally, Wells Fargo & Company increased their price target on Evergy from $65.00 to $69.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.88.

Evergy Stock Performance

Shares of EVRG opened at $61.41 on Friday. The stock’s 50-day simple moving average is $60.71 and its 200 day simple moving average is $57.03. The stock has a market capitalization of $14.12 billion, a price-to-earnings ratio of 19.13, a price-to-earnings-growth ratio of 2.66 and a beta of 0.62. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.35 and a current ratio of 0.59. Evergy, Inc. has a 52-week low of $47.97 and a 52-week high of $62.58.

Evergy (NYSE:EVRG) last issued its quarterly earnings data on Friday, August 9th. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. The business had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Evergy had a return on equity of 8.50% and a net margin of 13.12%. During the same quarter in the prior year, the firm posted $0.81 EPS. Research analysts forecast that Evergy, Inc. will post 3.84 EPS for the current fiscal year.

About Evergy

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.