Evergy, Inc. (NASDAQ:EVRG) Shares Sold by Black Diamond Financial LLC

Black Diamond Financial LLC cut its position in Evergy, Inc. (NASDAQ:EVRG) by 14.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,065 shares of the company’s stock after selling 664 shares during the period. Black Diamond Financial LLC’s holdings in Evergy were worth $250,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of EVRG. Blue Trust Inc. increased its position in shares of Evergy by 44.8% in the 3rd quarter. Blue Trust Inc. now owns 2,148 shares of the company’s stock valued at $133,000 after purchasing an additional 665 shares during the last quarter. Private Advisor Group LLC increased its position in shares of Evergy by 3.6% in the 3rd quarter. Private Advisor Group LLC now owns 14,001 shares of the company’s stock valued at $868,000 after purchasing an additional 481 shares during the last quarter. Greenleaf Trust purchased a new stake in shares of Evergy in the 3rd quarter valued at approximately $214,000. International Assets Investment Management LLC purchased a new stake in shares of Evergy in the 3rd quarter valued at approximately $1,330,000. Finally, Hennion & Walsh Asset Management Inc. increased its position in shares of Evergy by 12.3% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 8,688 shares of the company’s stock valued at $539,000 after purchasing an additional 950 shares during the last quarter. 87.24% of the stock is owned by hedge funds and other institutional investors.

Evergy Trading Up 1.2 %

Shares of Evergy stock opened at $68.06 on Monday. Evergy, Inc. has a 1 year low of $48.60 and a 1 year high of $68.38. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.55. The company has a market capitalization of $15.65 billion, a P/E ratio of 18.39, a PEG ratio of 2.82 and a beta of 0.66. The company’s fifty day moving average is $63.24 and its two-hundred day moving average is $61.89.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. LADENBURG THALM/SH SH raised shares of Evergy from a “neutral” rating to a “buy” rating and increased their price objective for the company from $59.00 to $68.50 in a research report on Thursday, January 2nd. Barclays dropped their target price on shares of Evergy from $65.00 to $62.00 and set an “overweight” rating on the stock in a research report on Monday, January 27th. Mizuho assumed coverage on shares of Evergy in a research report on Tuesday, October 29th. They issued an “outperform” rating and a $67.00 target price on the stock. 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 company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.