Evergy (EVRG) Shares Bought by Rampart Investment Management Company LLC

Rampart Investment Management Company LLC increased its stake in shares of Evergy (NASDAQ:EVRG) by 180.8% during the third quarter, HoldingsChannel.com reports. The fund owned 7,740 shares of the company’s stock after buying an additional 4,984 shares during the period. Rampart Investment Management Company LLC’s holdings in Evergy were worth $165,734,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of EVRG. Proficio Capital Partners LLC acquired a new stake in Evergy in the 2nd quarter valued at $102,000. M&R Capital Management Inc. acquired a new stake in Evergy in the 2nd quarter valued at $102,000. JNBA Financial Advisors increased its stake in Evergy by 2,742.5% in the 3rd quarter. JNBA Financial Advisors now owns 2,075 shares of the company’s stock valued at $114,000 after buying an additional 2,002 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new stake in Evergy in the 2nd quarter valued at $116,000. Finally, Dubuque Bank & Trust Co. acquired a new stake in Evergy in the 3rd quarter valued at $119,000.

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

In other news, EVP Anthony D. Somma sold 1,000 shares of the business’s stock in a transaction dated Friday, October 26th. The shares were sold at an average price of $56.91, for a total transaction of $56,910.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Terry D. Bassham sold 10,940 shares of the business’s stock in a transaction dated Tuesday, December 4th. The stock was sold at an average price of $60.54, for a total transaction of $662,307.60. The disclosure for this sale can be found here. Insiders have sold a total of 18,755 shares of company stock worth $1,124,990 over the last 90 days.

Shares of EVRG stock opened at $60.54 on Friday. Evergy has a 1 year low of $47.06 and a 1 year high of $61.10.

Evergy (NASDAQ:EVRG) last released its quarterly earnings data on Thursday, November 8th. The company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.06. The firm had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.67 billion. The firm’s revenue for the quarter was up 99.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.11 earnings per share.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 20th. Stockholders of record on Thursday, November 29th will be paid a dividend of $0.475 per share. The ex-dividend date of this dividend is Wednesday, November 28th. This represents a $1.90 annualized dividend and a dividend yield of 3.14%.

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About Evergy

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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