SunTrust Banks Reiterates “Hold” Rating for Vistra Energy (NYSE:VST)

SunTrust Banks reissued their hold rating on shares of Vistra Energy (NYSE:VST) in a research report released on Thursday, December 21st. They currently have a $19.00 price objective on the stock.

A number of other research firms have also weighed in on VST. Zacks Investment Research lowered Vistra Energy from a buy rating to a hold rating in a report on Friday, August 25th. Credit Suisse Group initiated coverage on Vistra Energy in a report on Wednesday, September 20th. They set an outperform rating and a $20.00 target price for the company. Evercore ISI initiated coverage on Vistra Energy in a report on Friday, October 20th. They set an outperform rating and a $21.50 target price for the company. Royal Bank of Canada began coverage on Vistra Energy in a report on Wednesday, December 20th. They set an outperform rating and a $21.00 target price for the company. Finally, Bank of America began coverage on Vistra Energy in a report on Tuesday, October 24th. They set a buy rating and a $22.00 price objective for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of $19.88.

Shares of Vistra Energy (NYSE:VST) opened at $18.57 on Thursday. The company has a quick ratio of 1.92, a current ratio of 2.18 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $7,950.00 and a PE ratio of 0.34. Vistra Energy has a 52 week low of $0.01 and a 52 week high of $21.20.

Vistra Energy (NYSE:VST) last posted its earnings results on Friday, November 3rd. The company reported $0.64 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.32. The business had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.93 billion. Vistra Energy had a return on equity of 352.77% and a net margin of 416.84%. The company’s revenue was up 8.5% compared to the same quarter last year. equities analysts anticipate that Vistra Energy will post 0.41 earnings per share for the current fiscal year.

In other Vistra Energy news, insider James A. Burke sold 12,621 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $19.27, for a total value of $243,206.67. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO J William Holden III bought 1,800 shares of the business’s stock in a transaction on Tuesday, November 28th. The stock was purchased 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. Insiders have bought 46,944 shares of company stock valued at $856,600 in the last three months.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Nisa Investment Advisors LLC boosted its stake in Vistra Energy by 80.0% in the fourth quarter. Nisa Investment Advisors LLC now owns 36,000 shares of the company’s stock worth $660,000 after buying an additional 16,000 shares in the last quarter. DnB Asset Management AS purchased a new stake in Vistra Energy in the fourth quarter worth approximately $491,000. Norman Fields Gottscho Capital Management LLC purchased a new stake in Vistra Energy in the fourth quarter worth approximately $3,078,000. Neuberger Berman Group LLC boosted its stake in Vistra Energy by 81.0% in the third quarter. Neuberger Berman Group LLC now owns 1,740,130 shares of the company’s stock worth $32,522,000 after buying an additional 778,603 shares in the last quarter. Finally, California Public Employees Retirement System boosted its stake in Vistra Energy by 1.4% in the third quarter. California Public Employees Retirement System now owns 518,300 shares of the company’s stock worth $9,687,000 after buying an additional 7,100 shares in the last quarter.

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Vistra Energy Company Profile

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.

Analyst Recommendations for Vistra Energy (NYSE:VST)

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