Evergy (EVRG) EVP Greg A. Greenwood Sells 8,000 Shares

Evergy (NASDAQ:EVRG) EVP Greg A. Greenwood sold 8,000 shares of the stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $57.28, for a total value of $458,240.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of Evergy stock traded up $0.55 during midday trading on Friday, hitting $57.67. The company had a trading volume of 6,149,190 shares, compared to its average volume of 1,971,106. Evergy has a 52-week low of $49.74 and a 52-week high of $61.10.

Evergy (NASDAQ:EVRG) last posted its quarterly earnings results on Thursday, February 21st. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.16). The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.26 billion.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 20th. Investors of record on Monday, March 4th will be paid a $0.475 dividend. The ex-dividend date of this dividend is Friday, March 1st. This represents a $1.90 annualized dividend and a dividend yield of 3.29%.

Institutional investors have recently bought and sold shares of the stock. Altshuler Shaham Ltd purchased a new stake in shares of Evergy in the 4th quarter worth approximately $26,000. Pin Oak Investment Advisors Inc. purchased a new stake in Evergy during the 4th quarter valued at $28,000. Bremer Trust National Association purchased a new stake in Evergy during the 4th quarter valued at $31,000. Riverview Trust Co purchased a new stake in Evergy during the 4th quarter valued at $37,000. Finally, Mondrian Investment Partners LTD purchased a new stake in Evergy during the 4th quarter valued at $38,000.

Several research analysts have recently issued reports on EVRG shares. Bank of America raised Evergy from a “neutral” rating to a “buy” rating and set a $62.00 target price for the company in a research report on Tuesday, February 12th. Zacks Investment Research lowered Evergy from a “hold” rating to a “sell” rating in a research report on Friday, March 1st. Finally, Goldman Sachs Group lowered Evergy from a “neutral” rating to a “sell” rating and increased their target price for the stock from $53.00 to $56.00 in a research report on Friday, January 4th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. Evergy presently has an average rating of “Hold” and a consensus price target of $60.14.

TRADEMARK VIOLATION WARNING: This story was reported by Transcript Daily and is owned by of Transcript Daily. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at https://transcriptdaily.com/2019/03/16/evergy-evrg-evp-greg-a-greenwood-sells-8000-shares.html.

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.

See Also: Are analyst ratings accurate?

Insider Buying and Selling by Quarter for Evergy (NASDAQ:EVRG)

Receive News & Ratings for Evergy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evergy and related companies with MarketBeat.com's FREE daily email newsletter.