15,151 Shares in Evergy, Inc. (NASDAQ:EVRG) Acquired by XTX Topco Ltd

XTX Topco Ltd acquired a new position in shares of Evergy, Inc. (NASDAQ:EVRG - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,151 shares of the company's stock, valued at approximately $933,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EVRG. Lee Danner & Bass Inc. bought a new stake in Evergy during the 4th quarter valued at $26,000. National Pension Service bought a new position in Evergy in the 4th quarter valued at about $30,000. Bank of Jackson Hole Trust acquired a new position in Evergy during the 4th quarter valued at about $31,000. Sandy Spring Bank increased its holdings in Evergy by 5,983.3% during the 4th quarter. Sandy Spring Bank now owns 730 shares of the company's stock worth $45,000 after purchasing an additional 718 shares in the last quarter. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Evergy in the fourth quarter worth approximately $49,000. Institutional investors own 87.24% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on EVRG. Guggenheim raised Evergy from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. LADENBURG THALM/SH SH upgraded shares of Evergy to a "strong-buy" rating in a report on Monday, March 17th. UBS Group increased their price objective on shares of Evergy from $66.00 to $68.00 and gave the company a "neutral" rating in a research note on Friday, March 21st. Finally, Barclays boosted their target price on Evergy from $62.00 to $72.00 and gave the stock an "overweight" rating in a research note on Friday, March 7th. One analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $69.08.

Evergy Stock Performance

Shares of NASDAQ:EVRG traded up $1.17 during mid-day trading on Tuesday, reaching $68.12. The company had a trading volume of 216,114 shares, compared to its average volume of 1,952,686. 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 company's 50-day moving average price is $67.19 and its 200-day moving average price is $64.02. Evergy, Inc. has a one year low of $51.49 and a one year high of $70.30. The firm has a market cap of $15.67 billion, a price-to-earnings ratio of 18.43, a PEG ratio of 2.82 and a beta of 0.52.

Evergy (NASDAQ:EVRG - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by ($0.11). The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.24 billion. Evergy had a net margin of 14.77% and a return on equity of 8.77%. As a group, equities research analysts anticipate that Evergy, Inc. will post 3.83 EPS for the current fiscal year.

Evergy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Monday, March 10th were issued a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date was Monday, March 10th. Evergy's payout ratio is currently 70.45%.

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.