Bank of Montreal Can grew its stake in shares of Evergy (NASDAQ:EVRG) by 70.8% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 205,387 shares of the company’s stock after acquiring an additional 85,109 shares during the quarter. Bank of Montreal Can owned about 0.08% of Evergy worth $11,280,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in the company. Adviser Investments LLC acquired a new position in shares of Evergy during the 2nd quarter worth $101,000. Proficio Capital Partners LLC acquired a new position in shares of Evergy during the 2nd quarter worth $102,000. Hudock Capital Group LLC acquired a new position in shares of Evergy during the 2nd quarter worth $102,000. M&R Capital Management Inc. acquired a new position in shares of Evergy during the 2nd quarter worth $102,000. Finally, First Financial Corp IN acquired a new position in shares of Evergy during the 2nd quarter worth $112,000.
In other Evergy news, EVP Anthony D. Somma sold 1,000 shares of the company’s stock in a transaction dated Friday, October 26th. The stock was sold at an average price of $56.91, for a total value of $56,910.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jerl L. Banning sold 8,770 shares of the company’s stock in a transaction dated Friday, September 14th. The stock was sold at an average price of $57.75, for a total value of $506,467.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 107,620 shares of company stock valued at $6,193,864.
Evergy (NASDAQ:EVRG) last posted its quarterly earnings results on Thursday, August 9th. The company reported $0.56 EPS for the quarter, hitting analysts’ consensus estimates of $0.56. The business had revenue of $893.40 million for the quarter, compared to analyst estimates of $623.51 million. During the same period last year, the firm posted $0.50 EPS. Evergy’s quarterly revenue was up 46.6% on a year-over-year basis.
A number of equities analysts have recently commented on EVRG shares. Wells Fargo & Co set a $62.00 price target on Evergy and gave the stock a “buy” rating in a report on Friday, October 5th. Zacks Investment Research raised Evergy from a “sell” rating to a “hold” rating and set a $63.00 price target for the company in a report on Monday, August 6th. Finally, UBS Group lowered their price target on Evergy from $60.00 to $58.00 and set a “neutral” rating for the company in a report on Friday, September 21st. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $60.80.
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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