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

Leeward Investments LLC MA trimmed its holdings in Evergy, Inc. (NASDAQ:EVRG) by 3.3% during the fourth quarter, Holdings Channel reports. The firm owned 125,913 shares of the company’s stock after selling 4,319 shares during the quarter. Leeward Investments LLC MA’s holdings in Evergy were worth $7,750,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new position in shares of Evergy in the 4th quarter valued at about $31,000. Truvestments Capital LLC acquired a new stake in shares of Evergy during the 3rd quarter worth approximately $32,000. Sentry Investment Management LLC acquired a new stake in shares of Evergy during the 3rd quarter worth approximately $51,000. USA Financial Formulas acquired a new stake in shares of Evergy during the 4th quarter worth approximately $73,000. Finally, Venturi Wealth Management LLC grew its position in shares of Evergy by 230.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,386 shares of the company’s stock worth $86,000 after buying an additional 966 shares during the period. 87.24% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Evergy Price Performance

EVRG stock opened at $68.06 on Monday. The company has a market capitalization of $15.65 billion, a P/E ratio of 18.39, a price-to-earnings-growth ratio of 2.82 and a beta of 0.66. Evergy, Inc. has a 52-week low of $48.60 and a 52-week high of $68.38. The business has a 50-day simple moving average of $63.24 and a two-hundred day simple moving average of $61.89. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.55.

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.