Savant Capital LLC Acquires 1,331 Shares of Evergy, Inc. (NASDAQ:EVRG)

Savant Capital LLC boosted its position in Evergy, Inc. (NASDAQ:EVRG) by 2.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,494 shares of the company’s stock after buying an additional 1,331 shares during the quarter. Savant Capital LLC’s holdings in Evergy were worth $3,723,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of EVRG. Exchange Traded Concepts LLC grew its stake in Evergy by 126.8% in the 3rd quarter. Exchange Traded Concepts LLC now owns 29,409 shares of the company’s stock valued at $1,824,000 after buying an additional 16,443 shares during the last quarter. Creative Planning grew its stake in Evergy by 0.7% in the 3rd quarter. Creative Planning now owns 123,594 shares of the company’s stock valued at $7,664,000 after buying an additional 812 shares during the last quarter. LaFleur & Godfrey LLC grew its stake in Evergy by 20.3% in the 3rd quarter. LaFleur & Godfrey LLC now owns 14,792 shares of the company’s stock valued at $917,000 after buying an additional 2,500 shares during the last quarter. Probity Advisors Inc. grew its stake in Evergy by 5.9% in the 3rd quarter. Probity Advisors Inc. now owns 4,292 shares of the company’s stock valued at $266,000 after buying an additional 241 shares during the last quarter. Finally, Teilinger Capital Ltd. grew its stake in Evergy by 79.5% in the 3rd quarter. Teilinger Capital Ltd. now owns 700,000 shares of the company’s stock valued at $43,407,000 after buying an additional 310,000 shares during the last quarter. 87.24% of the stock is currently owned by institutional investors and hedge funds.

Evergy Price Performance

Shares of Evergy stock opened at $66.22 on Wednesday. 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 firm’s 50-day simple moving average is $62.53 and its 200-day simple moving average is $61.42. Evergy, Inc. has a twelve month low of $48.17 and a twelve month high of $66.25. The firm has a market cap of $15.23 billion, a P/E ratio of 17.90, a price-to-earnings-growth ratio of 2.75 and a beta of 0.66.

Analysts Set New Price Targets

A number of research analysts recently issued reports on EVRG shares. Guggenheim upgraded shares of Evergy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Barclays decreased their price target 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 began coverage on shares of Evergy in a research report on Tuesday, October 29th. They issued an “outperform” rating and a $67.00 price target on the stock. LADENBURG THALM/SH SH upgraded shares of Evergy from a “neutral” rating to a “buy” rating and raised their price target for the stock from $59.00 to $68.50 in a research report on Thursday, January 2nd. Finally, Wells Fargo & Company raised their price target on shares of Evergy from $65.00 to $69.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average 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.