J.W. Cole Advisors Inc. Has $1.02 Million Stock Holdings in Evergy, Inc. (NASDAQ:EVRG)

J.W. Cole Advisors Inc. lifted its position in Evergy, Inc. (NASDAQ:EVRG) by 4.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 16,541 shares of the company’s stock after acquiring an additional 735 shares during the period. J.W. Cole Advisors Inc.’s holdings in Evergy were worth $1,018,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EVRG. Miller Howard Investments Inc. NY increased its holdings in Evergy by 1.4% in the 4th quarter. Miller Howard Investments Inc. NY now owns 11,741 shares of the company’s stock valued at $723,000 after buying an additional 162 shares during the period. Quent Capital LLC increased its stake in Evergy by 4.6% in the fourth quarter. Quent Capital LLC now owns 3,692 shares of the company’s stock valued at $227,000 after acquiring an additional 163 shares during the period. Sunbelt Securities Inc. raised its position in Evergy by 2.2% in the third quarter. Sunbelt Securities Inc. now owns 7,778 shares of the company’s stock worth $482,000 after purchasing an additional 168 shares in the last quarter. Empirical Finance LLC raised its position in Evergy by 2.3% in the third quarter. Empirical Finance LLC now owns 7,751 shares of the company’s stock worth $481,000 after purchasing an additional 171 shares in the last quarter. Finally, Mather Group LLC. lifted its stake in Evergy by 5.7% during the fourth quarter. Mather Group LLC. now owns 3,231 shares of the company’s stock worth $199,000 after purchasing an additional 173 shares during the period. 87.24% of the stock is owned by institutional investors.

Evergy Trading Up 0.6 %

Shares of NASDAQ EVRG opened at $67.07 on Wednesday. Evergy, Inc. has a 1-year low of $48.60 and a 1-year high of $67.89. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15. The company has a 50-day moving average of $62.91 and a two-hundred day moving average of $61.71. The company has a market cap of $15.42 billion, a PE ratio of 18.13, a P/E/G ratio of 2.75 and a beta of 0.66.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on EVRG. Guggenheim raised shares of Evergy from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Mizuho initiated coverage on shares of Evergy in a research note on Tuesday, October 29th. They set an “outperform” rating and a $67.00 price objective on the stock. Barclays dropped their price objective on shares of Evergy from $65.00 to $62.00 and set an “overweight” rating for the company in a report on Monday, January 27th. Finally, LADENBURG THALM/SH SH raised Evergy from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $59.00 to $68.50 in a report on Thursday, January 2nd. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $65.36.

Evergy Company 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.