Bokf Na Purchases 3,904 Shares of Evergy, Inc. (NYSE:EVRG)

Bokf Na increased its position in Evergy, Inc. (NYSE:EVRG) by 16.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,091 shares of the company’s stock after purchasing an additional 3,904 shares during the period. Bokf Na’s holdings in Evergy were worth $1,482,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of EVRG. Fidelis Capital Partners LLC bought a new position in Evergy during the 1st quarter valued at about $32,000. Toth Financial Advisory Corp increased its position in shares of Evergy by 199.5% during the 1st quarter. Toth Financial Advisory Corp now owns 635 shares of the company’s stock valued at $34,000 after purchasing an additional 423 shares during the last quarter. Hexagon Capital Partners LLC increased its position in shares of Evergy by 222.2% during the 4th quarter. Hexagon Capital Partners LLC now owns 667 shares of the company’s stock valued at $35,000 after purchasing an additional 460 shares during the last quarter. MV Capital Management Inc. increased its position in shares of Evergy by 3,263.6% during the 4th quarter. MV Capital Management Inc. now owns 740 shares of the company’s stock valued at $39,000 after purchasing an additional 718 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its position in shares of Evergy by 105.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 785 shares of the company’s stock valued at $41,000 after purchasing an additional 403 shares during the last quarter. Institutional investors own 87.24% of the company’s stock.

Evergy Stock Performance

Evergy stock traded up $0.42 during midday trading on Friday, hitting $56.75. The stock had a trading volume of 1,610,306 shares, compared to its average volume of 1,368,896. The company has a current ratio of 0.57, a quick ratio of 0.32 and a debt-to-equity ratio of 1.21. Evergy, Inc. has a 52-week low of $46.92 and a 52-week high of $61.15. The firm’s fifty day moving average is $53.81 and its two-hundred day moving average is $52.42. The company has a market capitalization of $13.05 billion, a PE ratio of 18.37, a P/E/G ratio of 2.95 and a beta of 0.60.

Evergy (NYSE:EVRG) last announced its quarterly earnings data on Thursday, May 9th. The company reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.07). Evergy had a net margin of 12.84% and a return on equity of 8.32%. The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.35 billion. During the same period last year, the business earned $0.59 earnings per share. The company’s quarterly revenue was up 2.6% compared to the same quarter last year. On average, research analysts forecast that Evergy, Inc. will post 3.85 EPS for the current year.

Evergy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 20th. Shareholders of record on Monday, May 20th were issued a dividend of $0.6425 per share. This represents a $2.57 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date was Friday, May 17th. Evergy’s dividend payout ratio (DPR) is currently 83.17%.

Analyst Ratings Changes

EVRG has been the subject of several research reports. Barclays upped their price target on shares of Evergy from $56.00 to $61.00 and gave the company an “overweight” rating in a research report on Tuesday, May 14th. LADENBURG THALM/SH SH started coverage on shares of Evergy in a report on Thursday, April 4th. They issued a “neutral” rating and a $51.00 target price for the company. Finally, Wells Fargo & Company increased their target price on shares of Evergy from $57.00 to $62.00 and gave the stock an “overweight” rating in a report on Friday, May 10th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Evergy has an average rating of “Moderate Buy” and a consensus target price of $57.83.

Evergy 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.