Sentry Investment Management LLC raised its holdings in shares of Evergy (NASDAQ:EVRG) by 17.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,861 shares of the company’s stock after purchasing an additional 2,700 shares during the quarter. Sentry Investment Management LLC’s holdings in Evergy were worth $981,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. Gulf International Bank UK Ltd lifted its position in Evergy by 1.1% during the third quarter. Gulf International Bank UK Ltd now owns 85,833 shares of the company’s stock valued at $4,713,000 after purchasing an additional 900 shares during the last quarter. CIBC Asset Management Inc lifted its position in Evergy by 3.8% during the third quarter. CIBC Asset Management Inc now owns 26,035 shares of the company’s stock valued at $1,430,000 after purchasing an additional 964 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in Evergy by 1.4% during the third quarter. Nisa Investment Advisors LLC now owns 70,946 shares of the company’s stock valued at $3,896,000 after purchasing an additional 985 shares during the last quarter. Gateway Investment Advisers LLC lifted its position in Evergy by 0.7% during the third quarter. Gateway Investment Advisers LLC now owns 209,080 shares of the company’s stock valued at $11,483,000 after purchasing an additional 1,418 shares during the last quarter. Finally, Commerce Bank lifted its position in Evergy by 2.8% during the third quarter. Commerce Bank now owns 59,299 shares of the company’s stock valued at $3,257,000 after purchasing an additional 1,594 shares during the last quarter.

In other news, Director Mark A. Ruelle sold 52,250 shares of the stock in a transaction on Wednesday, August 15th. The shares were sold at an average price of $57.58, for a total value of $3,008,555.00. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Anthony D. Somma sold 1,000 shares of the stock in a transaction on Friday, October 26th. The shares were sold at an average price of $56.91, for a total transaction of $56,910.00. The disclosure for this sale can be found here. In the last three months, insiders sold 107,620 shares of company stock worth $6,193,864.

Several equities analysts have commented on EVRG shares. UBS Group lowered their price objective on shares of Evergy from $60.00 to $58.00 and set a “neutral” rating for the company in a research report on Friday, September 21st. Wells Fargo & Co set a $62.00 price objective on shares of Evergy and gave the company a “buy” rating in a research report on Friday, October 5th. Finally, Zacks Investment Research upgraded shares of Evergy from a “hold” rating to a “strong-buy” rating and set a $65.00 price objective for the company in a research report on Wednesday, October 10th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Evergy has a consensus rating of “Buy” and an average target price of $60.80.

Shares of EVRG opened at $58.35 on Friday. Evergy has a twelve month low of $47.06 and a twelve month high of $59.28.

Evergy (NASDAQ:EVRG) last announced its earnings results on Thursday, November 8th. The company reported $1.32 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.26 by $0.06. The firm had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.67 billion. During the same period in the prior year, the company posted $1.11 EPS. The company’s revenue was up 99.2% compared to the same quarter last year.

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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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Institutional Ownership by Quarter for Evergy (NASDAQ:EVRG)

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