IFM Investors Pty Ltd boosted its position in Vistra Energy Corp (NYSE:VST) by 18.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,481 shares of the company’s stock after buying an additional 2,412 shares during the period. IFM Investors Pty Ltd’s holdings in Vistra Energy were worth $385,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of VST. BlackRock Inc. grew its position in Vistra Energy by 49.8% in the 2nd quarter. BlackRock Inc. now owns 21,915,834 shares of the company’s stock valued at $518,529,000 after buying an additional 7,285,794 shares during the last quarter. FMR LLC grew its position in Vistra Energy by 56.9% in the 2nd quarter. FMR LLC now owns 19,855,248 shares of the company’s stock valued at $469,775,000 after buying an additional 7,199,689 shares during the last quarter. Massachusetts Financial Services Co. MA purchased a new position in Vistra Energy in the 2nd quarter valued at $134,639,000. Boston Partners purchased a new position in Vistra Energy in the 2nd quarter valued at $78,674,000. Finally, Jennison Associates LLC purchased a new position in Vistra Energy in the 2nd quarter valued at $73,754,000.
A number of equities analysts recently weighed in on VST shares. ValuEngine lowered shares of Vistra Energy from a “buy” rating to a “hold” rating in a research report on Monday, August 13th. SunTrust Banks upgraded shares of Vistra Energy from a “hold” rating to a “buy” rating and lifted their price objective for the company from $25.00 to $26.00 in a research report on Thursday, October 25th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Vistra Energy from a “hold” rating to a “strong-buy” rating and set a $26.00 price objective on the stock in a research report on Wednesday, October 24th. Finally, Citigroup lowered their price objective on shares of Vistra Energy from $30.00 to $29.00 and set a “buy” rating on the stock in a research report on Monday, October 22nd. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Vistra Energy has a consensus rating of “Buy” and a consensus price target of $25.88.
Vistra Energy stock opened at $23.10 on Friday. Vistra Energy Corp has a one year low of $17.70 and a one year high of $26.29. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.28 and a quick ratio of 1.10. The firm has a market capitalization of $11.35 billion, a price-to-earnings ratio of 24.06 and a beta of -0.20.
Vistra Energy (NYSE:VST) last released its earnings results on Monday, August 6th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.10. Vistra Energy had a positive return on equity of 6.72% and a negative net margin of 8.24%. The company had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.51 billion. During the same quarter last year, the company earned ($0.06) earnings per share. Vistra Energy’s quarterly revenue was up 98.6% compared to the same quarter last year. On average, analysts predict that Vistra Energy Corp will post 1.37 earnings per share for the current year.
Vistra Energy Company Profile
Vistra Energy Corp., through its subsidiaries, engages in the integrated power business in Texas. The company operates through Wholesale Generation and Retail Electricity segments. The Wholesale Generation segment engages in the electricity generation, wholesale energy sales and purchases, commodity risk management, fuel production, and fuel logistics management activities.
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