Vinva Investment Management Ltd Has $233,000 Stock Holdings in Evergy, Inc. (NASDAQ:EVRG)

Vinva Investment Management Ltd decreased its position in shares of Evergy, Inc. (NASDAQ:EVRG) by 43.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,782 shares of the company’s stock after selling 2,854 shares during the quarter. Vinva Investment Management Ltd’s holdings in Evergy were worth $233,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Miller Howard Investments Inc. NY raised its position in shares of Evergy by 1.4% during the 4th quarter. Miller Howard Investments Inc. NY now owns 11,741 shares of the company’s stock valued at $723,000 after acquiring an additional 162 shares during the last quarter. Quent Capital LLC raised its position in shares of Evergy by 4.6% during the 4th quarter. Quent Capital LLC now owns 3,692 shares of the company’s stock valued at $227,000 after acquiring an additional 163 shares during the last quarter. Sunbelt Securities Inc. raised its position in shares of Evergy by 2.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 7,778 shares of the company’s stock valued at $482,000 after acquiring an additional 168 shares during the last quarter. Mather Group LLC. raised its position in shares of Evergy by 5.7% during the 4th quarter. Mather Group LLC. now owns 3,231 shares of the company’s stock valued at $199,000 after acquiring an additional 173 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its position in shares of Evergy by 2.5% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 7,322 shares of the company’s stock valued at $451,000 after acquiring an additional 182 shares during the last quarter. Institutional investors and hedge funds own 87.24% of the company’s stock.

Evergy Price Performance

EVRG stock opened at $67.45 on Friday. The stock has a 50-day moving average price of $65.73 and a two-hundred day moving average price of $63.05. Evergy, Inc. has a 1 year low of $49.55 and a 1 year high of $69.93. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15. The stock has a market cap of $15.51 billion, a PE ratio of 18.23, a price-to-earnings-growth ratio of 2.82 and a beta of 0.62.

Evergy (NASDAQ:EVRG) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). Evergy had a return on equity of 8.77% and a net margin of 14.77%. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.24 billion. Equities analysts forecast that Evergy, Inc. will post 3.83 EPS for the current fiscal year.

Evergy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were paid a dividend of $0.6675 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.96%. Evergy’s dividend payout ratio is 70.45%.

Analyst Ratings Changes

Several analysts have commented on EVRG shares. UBS Group upped their target price on shares of Evergy from $66.00 to $68.00 and gave the company a “neutral” rating in a research report on Friday. LADENBURG THALM/SH SH upgraded shares of Evergy to a “strong-buy” rating in a research report on Monday, March 17th. Barclays upped their price objective on shares of Evergy from $62.00 to $72.00 and gave the company an “overweight” rating in a research report on Friday, March 7th. Finally, Guggenheim upgraded shares of Evergy from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $68.36.

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.