Sentry Investment Management LLC Has $988,000 Position in Evergy (EVRG)

Sentry Investment Management LLC cut its stake in shares of Evergy (NASDAQ:EVRG) by 2.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,404 shares of the company’s stock after selling 457 shares during the quarter. Sentry Investment Management LLC’s holdings in Evergy were worth $988,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Altshuler Shaham Ltd purchased a new stake in Evergy during the 4th quarter valued at about $26,000. Oregon Public Employees Retirement Fund boosted its holdings in Evergy by 5,507.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,660,636 shares of the company’s stock valued at $29,000 after acquiring an additional 1,631,019 shares during the period. Mondrian Investment Partners LTD purchased a new stake in Evergy during the 4th quarter valued at about $38,000. We Are One Seven LLC purchased a new stake in Evergy during the 4th quarter valued at about $38,000. Finally, Financial Architects Inc boosted its holdings in Evergy by 23.6% during the 4th quarter. Financial Architects Inc now owns 1,016 shares of the company’s stock valued at $58,000 after acquiring an additional 194 shares during the period.

Several brokerages recently weighed in on EVRG. Bank of America upgraded Evergy from a “neutral” rating to a “buy” rating and set a $62.00 target price for the company in a report on Tuesday, February 12th. Zacks Investment Research upgraded Evergy from a “hold” rating to a “strong-buy” rating and set a $64.00 price objective for the company in a report on Friday, January 11th. Finally, Goldman Sachs Group cut Evergy from a “neutral” rating to a “sell” rating and increased their price objective for the stock from $53.00 to $56.00 in a report on Friday, January 4th. Two analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $60.14.

NASDAQ EVRG opened at $55.03 on Friday. Evergy has a fifty-two week low of $48.47 and a fifty-two week high of $61.10.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 20th. Shareholders of record on Monday, March 4th will be issued a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 3.45%. The ex-dividend date is Friday, March 1st.

In other Evergy news, insider Terry D. Bassham sold 10,940 shares of the stock in a transaction that occurred on Tuesday, December 4th. The stock was sold at an average price of $60.54, for a total value of $662,307.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard L. Hawley acquired 500 shares of the company’s stock in a transaction on Tuesday, February 26th. The stock was acquired at an average price of $55.63 per share, with a total value of $27,815.00. The disclosure for this purchase can be found here. In the last quarter, insiders sold 13,940 shares of company stock valued at $838,498.

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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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