Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Takes $640,000 Position in Vistra Energy Corp (VST)

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. bought a new position in Vistra Energy Corp (NYSE:VST) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 34,628 shares of the company’s stock, valued at approximately $640,000.

A number of other hedge funds have also recently modified their holdings of VST. Alliancebernstein L.P. acquired a new stake in Vistra Energy during the 2nd quarter worth about $2,085,000. Ameriprise Financial Inc. acquired a new stake in Vistra Energy during the 2nd quarter worth about $5,564,000. UBS Asset Management Americas Inc. acquired a new stake in Vistra Energy during the 2nd quarter worth about $736,000. Northern Trust Corp acquired a new stake in Vistra Energy during the 2nd quarter worth about $18,070,000. Finally, FMR LLC acquired a new stake in Vistra Energy during the 2nd quarter worth about $43,568,000.

Shares of Vistra Energy Corp (NYSE:VST) opened at $18.25 on Wednesday. Vistra Energy Corp has a 12-month low of $14.50 and a 12-month high of $21.20. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.92 and a current ratio of 2.18.

In related news, insider Curtis A. Morgan purchased 19,094 shares of the firm’s stock in a transaction that occurred on Wednesday, December 20th. The shares were purchased at an average cost of $18.34 per share, with a total value of $350,183.96. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Brian K. Ferraioli purchased 5,750 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The stock was bought at an average cost of $17.27 per share, for a total transaction of $99,302.50. The disclosure for this purchase can be found here. Insiders have bought a total of 42,144 shares of company stock worth $767,312 over the last 90 days.

VST has been the topic of several analyst reports. SunTrust Banks reaffirmed a “hold” rating and set a $19.00 price target on shares of Vistra Energy in a research report on Thursday, December 21st. Zacks Investment Research downgraded Vistra Energy from a “buy” rating to a “hold” rating in a research report on Saturday, January 6th. Royal Bank of Canada initiated coverage on Vistra Energy in a research report on Wednesday, December 20th. They set an “outperform” rating and a $21.00 price target on the stock. Deutsche Bank raised Vistra Energy to a “buy” rating and set a $21.00 price target on the stock in a research report on Tuesday, October 31st. Finally, Wolfe Research raised Vistra Energy from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 18th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $20.38.

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

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