Texas Permanent School Fund Has $3.35 Million Stake in Evergy (EVRG)

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Texas Permanent School Fund decreased its holdings in shares of Evergy (NASDAQ:EVRG) by 13.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 60,991 shares of the company’s stock after selling 9,493 shares during the quarter. Texas Permanent School Fund’s holdings in Evergy were worth $3,350,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Adviser Investments LLC acquired a new stake in shares of Evergy during the second quarter worth $101,000. Hudock Capital Group LLC acquired a new stake in shares of Evergy during the second quarter worth $102,000. M&R Capital Management Inc. acquired a new stake in shares of Evergy during the second quarter worth $102,000. Proficio Capital Partners LLC acquired a new stake in shares of Evergy during the second quarter worth $102,000. Finally, First Financial Corp IN acquired a new stake in shares of Evergy during the second quarter worth $112,000.

Shares of EVRG opened at $55.99 on Thursday. Evergy has a twelve month low of $47.06 and a twelve month high of $59.28.

Evergy (NASDAQ:EVRG) last issued its earnings results on Thursday, August 9th. The company reported $0.56 earnings per share for the quarter, hitting the consensus estimate of $0.56. The firm had revenue of $893.40 million during the quarter, compared to analysts’ expectations of $623.51 million. The company’s quarterly revenue was up 46.6% compared to the same quarter last year. During the same period last year, the business posted $0.50 earnings per share.

EVRG has been the topic of several analyst reports. UBS Group decreased their price objective on Evergy from $60.00 to $58.00 and set a “neutral” rating on the stock in a report on Friday, September 21st. Wells Fargo & Co set a $62.00 price objective on Evergy and gave the stock a “buy” rating in a report on Friday, October 5th. Finally, Zacks Investment Research upgraded Evergy from a “hold” rating to a “strong-buy” rating and set a $65.00 price objective on the stock in a report on Wednesday, October 10th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $60.80.

In related news, EVP Anthony D. Somma sold 1,000 shares of the stock in a transaction on Friday, October 26th. The stock was sold at an average price of $56.91, for a total value of $56,910.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Richard L. Hawley sold 2,100 shares of the stock in a transaction on Friday, August 24th. The stock was sold at an average price of $57.26, for a total value of $120,246.00. The disclosure for this sale can be found here. Insiders sold a total of 107,620 shares of company stock worth $6,193,864 over the last ninety days.

Evergy Company Profile

Westar Energy, Inc engages in the generation, transmission and distribution of electricity in Kansas. It provides electricity to residential, commercial, and industrial customers in the cities of Topeka, Lawrence, Manhattan, Salina, and Hutchinson. The company was founded in 1924 and is headquartered in Topeka, KS.

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Institutional Ownership by Quarter for Evergy (NASDAQ:EVRG)

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