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.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Andra AP Fund Cuts Position in Evergy Inc. $EVRG
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.