Evergy (EVRG) Position Decreased by Hartford Investment Management Co.

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Hartford Investment Management Co. decreased its stake in Evergy (NASDAQ:EVRG) by 5.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 28,112 shares of the company’s stock after selling 1,630 shares during the quarter. Hartford Investment Management Co.’s holdings in Evergy were worth $1,596,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. First PREMIER Bank lifted its stake in Evergy by 0.6% in the 4th quarter. First PREMIER Bank now owns 45,289 shares of the company’s stock worth $2,571,000 after acquiring an additional 255 shares in the last quarter. Morgan Stanley lifted its stake in Evergy by 64.7% in the 3rd quarter. Morgan Stanley now owns 1,854,479 shares of the company’s stock worth $101,847,000 after acquiring an additional 728,308 shares in the last quarter. Edgemoor Investment Advisors Inc. purchased a new stake in Evergy in the 3rd quarter worth about $4,300,000. Bank of New York Mellon Corp lifted its stake in Evergy by 1.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,483,076 shares of the company’s stock worth $136,371,000 after acquiring an additional 31,887 shares in the last quarter. Finally, CIBC World Markets Inc. lifted its stake in Evergy by 56.7% in the 3rd quarter. CIBC World Markets Inc. now owns 26,518 shares of the company’s stock worth $1,456,000 after acquiring an additional 9,599 shares in the last quarter.

EVRG stock opened at $58.10 on Monday. Evergy has a twelve month low of $48.47 and a twelve month high of $61.10.

In related news, EVP Anthony D. Somma sold 1,000 shares of Evergy stock in a transaction on Friday, January 25th. The stock was sold at an average price of $56.98, for a total transaction of $56,980.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Terry D. Bassham sold 10,940 shares of Evergy stock in a transaction on Tuesday, December 4th. The stock was sold at an average price of $60.54, for a total value of $662,307.60. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,755 shares of company stock valued at $1,125,060.

A number of research firms have recently weighed in on EVRG. Goldman Sachs Group downgraded Evergy from a “neutral” rating to a “sell” rating and raised their price target for the stock from $53.00 to $56.00 in a research note on Friday, January 4th. Zacks Investment Research raised Evergy from a “hold” rating to a “strong-buy” rating and set a $64.00 price objective on the stock in a research note on Friday, January 11th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $59.83.

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Evergy 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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