V Square Quantitative Management LLC Sells 336 Shares of Evergy, Inc. (NASDAQ:EVRG)

V Square Quantitative Management LLC cut its position in Evergy, Inc. (NASDAQ:EVRG) by 7.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,438 shares of the company’s stock after selling 336 shares during the quarter. V Square Quantitative Management LLC’s holdings in Evergy were worth $273,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of EVRG. Van ECK Associates Corp raised its position in shares of Evergy by 8.5% during the fourth quarter. Van ECK Associates Corp now owns 116,709 shares of the company’s stock worth $7,184,000 after acquiring an additional 9,140 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Evergy by 102.1% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 60,494 shares of the company’s stock worth $3,729,000 after acquiring an additional 30,563 shares during the period. Kentucky Trust Co acquired a new position in shares of Evergy in the fourth quarter worth approximately $284,000. Quent Capital LLC lifted its stake in shares of Evergy by 4.6% in the fourth quarter. Quent Capital LLC now owns 3,692 shares of the company’s stock worth $227,000 after acquiring an additional 163 shares during the period. Finally, Summit Trail Advisors LLC lifted its stake in shares of Evergy by 46.5% in the fourth quarter. Summit Trail Advisors LLC now owns 6,915 shares of the company’s stock worth $426,000 after acquiring an additional 2,195 shares during the period. 87.24% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. LADENBURG THALM/SH SH raised Evergy from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $59.00 to $68.50 in a research note on Thursday, January 2nd. Guggenheim raised Evergy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Barclays lowered their target price on Evergy from $65.00 to $62.00 and set an “overweight” rating for the company in a report on Monday, January 27th. Finally, Mizuho began coverage on Evergy in a report on Tuesday, October 29th. They issued an “outperform” rating and a $67.00 target price for the company. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.36.

Evergy Trading Down 0.3 %

NASDAQ EVRG opened at $66.66 on Monday. The company has a market cap of $15.33 billion, a price-to-earnings ratio of 18.02, a P/E/G ratio of 2.75 and a beta of 0.66. Evergy, Inc. has a 52 week low of $48.60 and a 52 week high of $67.89. The business has a 50 day moving average price of $62.73 and a 200-day moving average price of $61.61. The company has a quick ratio of 0.32, a current ratio of 0.55 and a debt-to-equity ratio of 1.15.

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.