Korea Investment CORP reduced its position in shares of Evergy (NASDAQ:EVRG) by 97.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 500 shares of the company’s stock after selling 19,300 shares during the quarter. Korea Investment CORP’s holdings in Evergy were worth $30,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of EVRG. Raymond James & Associates boosted its position in Evergy by 11.2% during the first quarter. Raymond James & Associates now owns 832,250 shares of the company’s stock worth $48,312,000 after purchasing an additional 83,733 shares in the last quarter. Willingdon Wealth Management raised its stake in shares of Evergy by 3.3% during the 1st quarter. Willingdon Wealth Management now owns 63,633 shares of the company’s stock worth $3,694,000 after buying an additional 2,017 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Evergy by 10.2% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 485,985 shares of the company’s stock worth $28,211,000 after buying an additional 44,950 shares during the period. Wells Fargo & Company MN lifted its position in shares of Evergy by 79.1% during the 1st quarter. Wells Fargo & Company MN now owns 815,233 shares of the company’s stock valued at $47,324,000 after buying an additional 360,140 shares in the last quarter. Finally, Stanley Laman Group Ltd. lifted its position in shares of Evergy by 4.4% during the 1st quarter. Stanley Laman Group Ltd. now owns 19,056 shares of the company’s stock valued at $1,106,000 after buying an additional 806 shares in the last quarter.
Shares of NASDAQ EVRG traded up $0.32 during midday trading on Wednesday, hitting $64.59. The stock had a trading volume of 40,403 shares, compared to its average volume of 1,693,341. The stock has a 50 day simple moving average of $63.19 and a 200-day simple moving average of $59.62. Evergy has a 1 year low of $54.19 and a 1 year high of $66.01.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 20th. Stockholders of record on Friday, August 30th will be issued a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date is Thursday, August 29th.
Several equities research analysts recently commented on EVRG shares. UBS Group boosted their price target on shares of Evergy from $58.00 to $61.00 and gave the stock a “neutral” rating in a report on Friday, June 7th. Wells Fargo & Co set a $69.00 price objective on shares of Evergy and gave the company a “hold” rating in a report on Tuesday, September 3rd. Zacks Investment Research upgraded shares of Evergy from a “sell” rating to a “hold” rating and set a $68.00 target price on the stock in a research report on Wednesday, August 14th. SunTrust Banks boosted their target price on shares of Evergy from $66.00 to $67.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. Finally, Guggenheim upped their price target on shares of Evergy from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, August 27th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $64.71.
In other Evergy news, EVP Greg A. Greenwood sold 6,000 shares of the company’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $63.23, for a total value of $379,380.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Kevin E. Bryant sold 4,000 shares of the company’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $65.18, for a total value of $260,720.00. The disclosure for this sale can be found here.
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