Leeward Investments LLC MA Sells 4,319 Shares of Evergy, Inc. (NASDAQ:EVRG)

Leeward Investments LLC MA cut its holdings in shares of Evergy, Inc. (NASDAQ:EVRG) by 3.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 125,913 shares of the company’s stock after selling 4,319 shares during the period. Leeward Investments LLC MA owned about 0.05% of Evergy worth $7,750,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EVRG. Pathway Financial Advisers LLC grew its position in Evergy by 6,854.6% in the third quarter. Pathway Financial Advisers LLC now owns 2,539,001 shares of the company’s stock valued at $157,443,000 after acquiring an additional 2,502,493 shares during the last quarter. Mizuho Securities USA LLC grew its position in Evergy by 7,234.3% in the third quarter. Mizuho Securities USA LLC now owns 1,300,000 shares of the company’s stock valued at $80,613,000 after acquiring an additional 1,282,275 shares during the last quarter. FMR LLC lifted its stake in Evergy by 131.4% in the 3rd quarter. FMR LLC now owns 2,004,414 shares of the company’s stock valued at $124,294,000 after purchasing an additional 1,138,138 shares during the last quarter. SG Americas Securities LLC lifted its stake in Evergy by 15,406.4% in the 4th quarter. SG Americas Securities LLC now owns 921,546 shares of the company’s stock valued at $56,721,000 after purchasing an additional 915,603 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Evergy by 42.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,135,011 shares of the company’s stock valued at $132,392,000 after purchasing an additional 634,735 shares during the last quarter. 87.24% of the stock is currently owned by institutional investors.

Evergy Stock Performance

Shares of Evergy stock opened at $68.06 on Monday. Evergy, Inc. has a twelve month low of $48.60 and a twelve month high of $68.38. The company has a quick ratio of 0.32, a current ratio of 0.55 and a debt-to-equity ratio of 1.15. The stock has a market cap of $15.65 billion, a price-to-earnings ratio of 18.39, a P/E/G ratio of 2.82 and a beta of 0.66. The company’s fifty day moving average is $63.24 and its 200 day moving average is $61.89.

Wall Street Analysts Forecast Growth

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

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.