Gulf International Bank UK Ltd Invests $1.70 Million in Vistra Energy Corp (VST)

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.

TRADEMARK VIOLATION WARNING: “Gulf International Bank UK Ltd Invests $1.70 Million in Vistra Energy Corp (VST)” was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this piece on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright law. The correct version of this piece can be viewed at https://www.dispatchtribunal.com/2018/01/18/gulf-international-bank-uk-ltd-invests-1-70-million-in-vistra-energy-corp-vst.html.

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.

Want to see what other hedge funds are holding VST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vistra Energy Corp (NYSE:VST).

Institutional Ownership by Quarter for Vistra Energy (NYSE:VST)

Receive News & Ratings for Vistra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vistra Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply