Suntrust Banks Inc. raised its position in Evergy (NASDAQ:EVRG) by 30.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,614 shares of the company’s stock after acquiring an additional 12,619 shares during the quarter. Suntrust Banks Inc.’s holdings in Evergy were worth $3,043,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Altshuler Shaham Ltd acquired a new stake in Evergy in the fourth quarter valued at approximately $26,000. Bremer Trust National Association acquired a new stake in Evergy in the fourth quarter valued at approximately $31,000. Riverview Trust Co acquired a new stake in shares of Evergy during the fourth quarter worth approximately $37,000. Mondrian Investment Partners LTD acquired a new stake in shares of Evergy during the fourth quarter worth approximately $38,000. Finally, We Are One Seven LLC acquired a new stake in shares of Evergy during the fourth quarter worth approximately $38,000.

EVRG has been the subject of a number of recent analyst reports. Goldman Sachs Group downgraded shares of 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 report on Friday, January 4th. Zacks Investment Research raised shares of Evergy from a “hold” rating to a “strong-buy” rating and set a $64.00 price target for the company in a research report on Friday, January 11th. Finally, Bank of America raised shares of Evergy from a “neutral” rating to a “buy” rating and set a $62.00 price target for the company in a research report on Tuesday, February 12th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $60.14.

In related news, EVP Greg A. Greenwood sold 8,000 shares of Evergy stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $57.28, for a total transaction of $458,240.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard L. Hawley bought 500 shares of the stock in a transaction that occurred on Tuesday, February 26th. The shares were purchased at an average cost of $55.63 per share, for a total transaction of $27,815.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 13,632 shares of company stock worth $781,994.

Shares of EVRG opened at $58.00 on Monday. Evergy has a 12-month low of $49.74 and a 12-month high of $61.10.

Evergy (NASDAQ:EVRG) last posted its earnings results on Thursday, February 21st. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.16). The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.26 billion.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 4th were paid a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date of this dividend was Friday, March 1st.

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About Evergy

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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