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.
COPYRIGHT VIOLATION NOTICE: “Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Takes $640,000 Position in Vistra Energy Corp (VST)” was reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece of content on another publication, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.dispatchtribunal.com/2018/02/14/mitsubishi-ufj-kokusai-asset-management-co-ltd-takes-640000-position-in-vistra-energy-corp-vst.html.
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.
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).
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.