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Evergy EVRG - News Analyzed: 3,768 - Last Week: 97 - Last Month: 485

↑ Evergy (EVRG): Strong Institutional Ownership, Strategic Collaborations and Promising Earnings Boosting Growth

Evergy (EVRG): Strong Institutional Ownership, Strategic Collaborations and Promising Earnings Boosting Growth
Evergy, Inc. (EVRG) has been a strong player in the market over the past year, showing considerable growth with investors gaining a significant 32% returns. Creative Planning, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp and Decade Renewable Partners LP are among the entities that have recently increased their shareholdings in the utility company. Notwithstanding some entities like HITE Hedge Asset Management LLC and Gabelli Funds LLC making the decision to reduce holdings, the company maintains an impressive 86% institutional ownership. Evergy's strategic collaborations and appointments of new board members, including W. Bryan Buckler as the new CFO, adding to its capacity for future growth. The company is regarded as a worthwhile buy at present with a high yield and potential for increased load growth in the future. The recent positive earnings for Q2 2024 reaffirms 2024 guidance and potential for stock price increases.

Evergy EVRG News Analytics from Mon, 20 Nov 2023 08:00:00 GMT to Fri, 04 Oct 2024 09:52:00 GMT - Rating 7 - Innovation 5 - Information 9 - Rumor -5

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