Andra AP Fund Cuts Position in Evergy Inc. $EVRG

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Andra AP Fund significantly reduced its stake in Evergy Inc. (NASDAQ:EVRG) by 71.6% in the third quarter, selling 44,300 shares and retaining 17,555 shares valued at $1.335 million. Despite this, Evergy recently declared a quarterly dividend of $0.695 per share, representing an annualized dividend of $2.78 and a 3.3% yield. The stock maintains a “Moderate Buy” rating from analysts with an average target price of $86.88, and institutionally held shares constitute about 87.24% of the company.

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