MetLife Investment Advisors LLC lowered its holdings in Evergy (NASDAQ:EVRG) by 4.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,341 shares of the company’s stock after selling 3,692 shares during the period. MetLife Investment Advisors LLC’s holdings in Evergy were worth $4,277,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in EVRG. Altshuler Shaham Ltd acquired a new stake in shares of Evergy in the 4th quarter worth about $26,000. Oregon Public Employees Retirement Fund increased its stake 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 buying an additional 1,631,019 shares during the period. Bremer Trust National Association acquired a new position in Evergy during the 4th quarter valued at about $31,000. Riverview Trust Co acquired a new position in Evergy during the 4th quarter valued at about $37,000. Finally, Mondrian Investment Partners LTD acquired a new position in Evergy during the 4th quarter valued at about $38,000.
Shares of EVRG traded up $0.07 during mid-day trading on Monday, hitting $57.79. The company’s stock had a trading volume of 1,085,300 shares, compared to its average volume of 1,828,653. Evergy has a fifty-two week low of $50.89 and a fifty-two week high of $61.10.
The company also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Monday, March 4th were issued a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 3.29%. The ex-dividend date was Friday, March 1st.
Several equities analysts have commented on EVRG shares. Bank of America raised shares of Evergy from a “neutral” rating to a “buy” rating and set a $62.00 price objective on the stock in a research note on Tuesday, February 12th. Zacks Investment Research cut shares of Evergy from a “hold” rating to a “sell” rating in a research note on Friday, March 1st. Finally, Goldman Sachs Group cut shares of Evergy from a “neutral” rating to a “sell” rating and lifted their price objective for the stock from $53.00 to $56.00 in a research note on Friday, January 4th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $60.14.
In other Evergy news, EVP Anthony D. Somma sold 1,000 shares of Evergy stock in a transaction that occurred on Friday, January 25th. The shares were sold at an average price of $56.98, for a total value of $56,980.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard L. Hawley bought 500 shares of Evergy 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. Over the last quarter, insiders sold 15,632 shares of company stock valued at $896,194.
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Evergy Company 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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