State of New Jersey Common Pension Fund D Has $6.22 Million Stock Position in Evergy, Inc. (NYSE:EVRG)

State of New Jersey Common Pension Fund D trimmed its holdings in shares of Evergy, Inc. (NYSE:EVRGFree Report) by 4.1% in the third quarter, according to its most recent filing with the SEC. The firm owned 122,755 shares of the company’s stock after selling 5,243 shares during the period. State of New Jersey Common Pension Fund D owned approximately 0.05% of Evergy worth $6,224,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Red Tortoise LLC increased its position in shares of Evergy by 793.5% during the 1st quarter. Red Tortoise LLC now owns 411 shares of the company’s stock worth $25,000 after purchasing an additional 365 shares in the last quarter. Clear Street Markets LLC increased its position in shares of Evergy by 92.7% during the 1st quarter. Clear Street Markets LLC now owns 451 shares of the company’s stock worth $28,000 after purchasing an additional 217 shares in the last quarter. Armstrong Advisory Group Inc. increased its position in shares of Evergy by 57.2% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 632 shares of the company’s stock worth $32,000 after purchasing an additional 230 shares in the last quarter. Pacific Center for Financial Services acquired a new stake in shares of Evergy during the 1st quarter worth about $37,000. Finally, PSI Advisors LLC increased its position in Evergy by 99.8% in the 3rd quarter. PSI Advisors LLC now owns 999 shares of the company’s stock valued at $51,000 after acquiring an additional 499 shares in the last quarter. 82.82% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on EVRG. Bank of America raised their price objective on shares of Evergy from $50.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, January 19th. Barclays lowered their price objective on shares of Evergy from $56.00 to $54.00 and set an “overweight” rating for the company in a research report on Monday, January 22nd. Guggenheim cut shares of Evergy from a “buy” rating to a “neutral” rating and set a $52.00 price objective for the company. in a research report on Monday, January 22nd. Finally, Wells Fargo & Company upgraded shares of Evergy from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $54.00 to $60.00 in a research report on Tuesday, January 9th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $54.25.

Get Our Latest Stock Analysis on EVRG

Evergy Stock Up 1.4 %

Shares of NYSE EVRG opened at $49.77 on Tuesday. The firm has a market capitalization of $11.43 billion, a PE ratio of 13.71, a price-to-earnings-growth ratio of 2.94 and a beta of 0.57. The company has a current ratio of 0.39, a quick ratio of 0.24 and a debt-to-equity ratio of 0.95. Evergy, Inc. has a 1 year low of $46.92 and a 1 year high of $63.93. The firm’s 50-day moving average is $51.60 and its 200-day moving average is $52.26.

Evergy Company Profile

(Free Report)

Evergy, Inc, together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri, the United States. The company generates electricity through coal, hydroelectric, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources.

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Institutional Ownership by Quarter for Evergy (NYSE:EVRG)

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