Gulf International Bank UK Ltd purchased a new position in shares of Vistra Energy Corp (NYSE:VST) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 92,900 shares of the company’s stock, valued at approximately $1,701,000.
Other large investors have also modified their holdings of the company. Quantbot Technologies LP acquired a new position in Vistra Energy during the third quarter valued at approximately $124,000. Virtu KCG Holdings LLC acquired a new position in Vistra Energy during the second quarter valued at approximately $182,000. Macquarie Group Ltd. acquired a new position in Vistra Energy during the third quarter valued at approximately $187,000. Cubist Systematic Strategies LLC acquired a new position in Vistra Energy during the third quarter valued at approximately $204,000. Finally, D.A. Davidson & CO. acquired a new position in Vistra Energy during the third quarter valued at approximately $214,000.
Vistra Energy Corp (NYSE:VST) opened at $18.44 on Thursday. Vistra Energy Corp has a 1-year low of $14.50 and a 1-year high of $21.20. The company has a current ratio of 2.18, a quick ratio of 1.92 and a debt-to-equity ratio of 0.65.
Vistra Energy (NYSE:VST) last released its quarterly earnings results on Friday, November 3rd. The company reported $0.64 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.32. The company had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.93 billion. Vistra Energy had a net margin of 416.84% and a return on equity of 352.77%. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. equities research analysts expect that Vistra Energy Corp will post 0.41 EPS for the current fiscal year.
A number of brokerages recently issued reports on VST. Citigroup began coverage on shares of Vistra Energy in a report on Thursday, September 28th. They set a “buy” rating and a $22.00 price objective for the company. Zacks Investment Research cut shares of Vistra Energy from a “buy” rating to a “hold” rating in a report on Saturday, January 6th. SunTrust Banks restated a “hold” rating and set a $19.00 price objective on shares of Vistra Energy in a report on Thursday, December 21st. Deutsche Bank upgraded shares of Vistra Energy to a “buy” rating and set a $21.00 price objective for the company in a report on Tuesday, October 31st. Finally, Credit Suisse Group began coverage on shares of Vistra Energy in a report on Wednesday, September 20th. They set an “outperform” rating and a $20.00 price objective for the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $19.88.
In related news, insider Curtis A. Morgan purchased 19,094 shares of Vistra Energy stock in a transaction dated Wednesday, December 20th. The stock was bought at an average price of $18.34 per share, for a total transaction of $350,183.96. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO J William Holden III purchased 1,800 shares of Vistra Energy stock in a transaction dated Tuesday, November 28th. The stock was bought at an average price of $19.19 per share, with a total value of $34,542.00. The disclosure for this purchase can be found here. Insiders bought 47,144 shares of company stock valued at $860,320 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.
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