Evergy, Inc. (NASDAQ:EVRG) Shares Purchased by Quent Capital LLC

Quent Capital LLC lifted its position in Evergy, Inc. (NASDAQ:EVRG) by 4.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,692 shares of the company’s stock after purchasing an additional 163 shares during the quarter. Quent Capital LLC’s holdings in Evergy were worth $227,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Miller Howard Investments Inc. NY boosted its position in shares of Evergy by 1.4% in the 4th quarter. Miller Howard Investments Inc. NY now owns 11,741 shares of the company’s stock valued at $723,000 after purchasing an additional 162 shares during the period. Sunbelt Securities Inc. lifted its position in Evergy by 2.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 7,778 shares of the company’s stock worth $482,000 after acquiring an additional 168 shares during the period. Empirical Finance LLC lifted its position in Evergy by 2.3% during the 3rd quarter. Empirical Finance LLC now owns 7,751 shares of the company’s stock worth $481,000 after acquiring an additional 171 shares during the period. Mather Group LLC. lifted its position in Evergy by 5.7% during the 4th quarter. Mather Group LLC. now owns 3,231 shares of the company’s stock worth $199,000 after acquiring an additional 173 shares during the period. Finally, Wealthcare Advisory Partners LLC lifted its position in Evergy by 2.5% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 7,322 shares of the company’s stock worth $451,000 after acquiring an additional 182 shares during the period. 87.24% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Guggenheim raised Evergy from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. LADENBURG THALM/SH SH raised Evergy from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $59.00 to $68.50 in a research report on Thursday, January 2nd. Wells Fargo & Company increased their price objective on Evergy from $65.00 to $69.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. Barclays decreased their price objective on Evergy from $65.00 to $62.00 and set an “overweight” rating for the company in a research report on Monday, January 27th. Finally, Mizuho began coverage on Evergy in a research note on Tuesday, October 29th. They set an “outperform” rating and a $67.00 target price for the company. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Evergy has an average rating of “Moderate Buy” and an average target price of $65.36.

Evergy Stock Performance

Shares of EVRG stock opened at $66.43 on Thursday. The company has a market cap of $15.28 billion, a price-to-earnings ratio of 17.95, a price-to-earnings-growth ratio of 2.75 and a beta of 0.66. The stock has a 50 day simple moving average of $62.59 and a 200-day simple moving average of $61.45. Evergy, Inc. has a 12-month low of $48.17 and a 12-month high of $66.53. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15.

Evergy 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.