AQR Capital Management LLC Has $71.47 Million Stock Holdings in Evergy, Inc. (NASDAQ:EVRG)

AQR Capital Management LLC lifted its holdings in Evergy, Inc. (NASDAQ:EVRG - Free Report) by 1.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,161,102 shares of the company's stock after purchasing an additional 17,185 shares during the quarter. AQR Capital Management LLC owned 0.50% of Evergy worth $71,466,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of EVRG. Miller Howard Investments Inc. NY boosted its stake in shares of Evergy by 1.4% during the 4th quarter. Miller Howard Investments Inc. NY now owns 11,741 shares of the company's stock worth $723,000 after acquiring an additional 162 shares in the last quarter. Quent Capital LLC boosted its position in Evergy by 4.6% during the fourth quarter. Quent Capital LLC now owns 3,692 shares of the company's stock worth $227,000 after purchasing an additional 163 shares during the period. Mather Group LLC. grew its holdings in Evergy by 5.7% during the fourth quarter. Mather Group LLC. now owns 3,231 shares of the company's stock valued at $199,000 after purchasing an additional 173 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its stake in shares of Evergy by 2.5% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 7,322 shares of the company's stock worth $451,000 after buying an additional 182 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its stake in Evergy by 5.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,873 shares of the company's stock valued at $238,000 after buying an additional 190 shares during the last quarter. 87.24% of the stock is owned by institutional investors and hedge funds.

Evergy Price Performance

Shares of NASDAQ:EVRG traded up $0.82 during trading on Friday, reaching $69.25. The stock had a trading volume of 1,598,198 shares, compared to its average volume of 1,948,421. The stock has a market capitalization of $15.93 billion, a PE ratio of 18.72, a P/E/G ratio of 2.82 and a beta of 0.53. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.55 and a quick ratio of 0.32. Evergy, Inc. has a 52 week low of $52.10 and a 52 week high of $70.30. The business's 50-day moving average price is $67.40 and its 200 day moving average price is $64.54.

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

Evergy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 10th were paid a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date of this dividend was Monday, March 10th. Evergy's payout ratio is presently 70.45%.

Analyst Ratings Changes

Several brokerages recently weighed in on EVRG. UBS Group upgraded Evergy from a "neutral" rating to a "buy" rating and increased their target price for the company from $68.00 to $78.00 in a research note on Monday, April 28th. LADENBURG THALM/SH SH upgraded shares of Evergy to a "strong-buy" rating in a research note on Monday, March 17th. Guggenheim upgraded shares of Evergy from a "neutral" rating to a "buy" rating in a research report on Thursday, January 23rd. Finally, Barclays upped their price objective on shares of Evergy from $72.00 to $73.00 and gave the company an "overweight" rating in a research report on Tuesday, April 22nd. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $70.92.

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.