Rhumbline Advisers increased its position in Vistra Energy Corp. (NYSE:VST) by 9.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 231,796 shares of the company’s stock after acquiring an additional 19,142 shares during the quarter. Rhumbline Advisers owned about 0.05% of Vistra Energy worth $4,332,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in VST. Koch Industries Inc. purchased a new stake in Vistra Energy in the 2nd quarter worth approximately $82,584,000. Brookfield Asset Management Inc. purchased a new stake in Vistra Energy in the 2nd quarter worth approximately $1,226,917,000. Apollo Management Holdings L.P. purchased a new stake in Vistra Energy in the 2nd quarter worth approximately $887,790,000. Vanguard Group Inc. purchased a new stake in Vistra Energy in the 2nd quarter worth approximately $382,296,000. Finally, Franklin Resources Inc. purchased a new stake in Vistra Energy in the 2nd quarter worth approximately $294,121,000.
In other Vistra Energy news, Director Scott B. Helm bought 5,000 shares of the business’s stock in a transaction that occurred on Friday, November 10th. The stock was purchased at an average cost of $18.61 per share, with a total value of $93,050.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO J William Holden III bought 1,800 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was acquired at an average cost of $19.19 per share, with a total value of $34,542.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 7,400 shares of company stock valued at $139,008.
Shares of Vistra Energy Corp. (NYSE:VST) traded down $0.16 on Tuesday, reaching $18.57. 6,615,000 shares of the company’s stock were exchanged, compared to its average volume of 3,032,570. The company has a quick ratio of 1.92, a current ratio of 2.18 and a debt-to-equity ratio of 0.65. Vistra Energy Corp. has a twelve month low of $14.50 and a twelve month high of $21.20.
Vistra Energy (NYSE:VST) last announced its quarterly earnings data on Friday, November 3rd. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.32. Vistra Energy had a net margin of 416.84% and a return on equity of 352.77%. The business had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.93 billion. Vistra Energy’s revenue for the quarter was up 8.5% on a year-over-year basis. analysts forecast that Vistra Energy Corp. will post 0.41 earnings per share for the current fiscal year.
Several equities research analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Vistra Energy from a “hold” rating to a “sell” rating in a report on Thursday, October 19th. Deutsche Bank raised shares of Vistra Energy to a “buy” rating and set a $21.00 target price for the company in a report on Tuesday, October 31st. Citigroup assumed coverage on shares of Vistra Energy in a report on Thursday, September 28th. They issued a “buy” rating and a $22.00 target price for the company. Guggenheim assumed coverage on shares of Vistra Energy in a report on Tuesday, September 5th. They issued a “buy” rating and a $20.00 target price for the company. Finally, Bank of America started coverage on shares of Vistra Energy in a report on Tuesday, October 24th. They issued a “buy” rating and a $22.00 target price for the company. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company’s stock. Vistra Energy presently has an average rating of “Hold” and a consensus price target of $19.68.
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About Vistra Energy
Vistra Energy Corp, formerly TCEH Corp. is a holding company. The Company is an energy company, which is focused on energy and power generation markets through operation as a generator and retailer of electricity in Texas market. Its portfolio of businesses consists primarily of Luminant and TXU Energy.
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