Evergy Inc. (EVRG), a prominent utilities company, has been a focus of investor attention recently due to numerous financial activities. Major institutions, including
Quadrant Capital Group LLC, UBS Group AG, and Spire Wealth Management, have all boosted their positions in the company. On the other hand, a few others such as
Franklin Resources Inc, Private Advisor Group LLC, and Truist Financial Corp have reduced their shares.
Strategic acquisitions and investments are earmarked to potentially benefit Evergy, but
quarterly performance has been wavering, with reports showing that Q1 2024 earnings have missed predictions. There has been a mixed response from analysts, with some raising their
price targets as others lower them. Concerns around the
company's debt and return on equity (ROE) have been raised. The recycling of insider shares is also noteworthy, with a recent sale of US$1.6m taking place. Looking forward, Evergy aims to maintain a lowest-cost approach to meeting the growing demand for electricity and reliability.
Evergy EVRG News Analytics from Mon, 03 May 2021 07:00:00 GMT to Thu, 23 May 2024 19:05:19 GMT -
Rating -2
- Innovation -3
- Information 7
- Rumor -1
