Stevens Capital Management LP boosted its holdings in Vistra Energy Corp (NYSE:VST) by 34.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 150,711 shares of the company’s stock after purchasing an additional 38,890 shares during the quarter. Stevens Capital Management LP’s holdings in Vistra Energy were worth $3,412,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. State of Wisconsin Investment Board increased its stake in Vistra Energy by 6.1% in the first quarter. State of Wisconsin Investment Board now owns 398,429 shares of the company’s stock valued at $10,371,000 after purchasing an additional 22,905 shares during the last quarter. State Board of Administration of Florida Retirement System grew its position in Vistra Energy by 2.4% during the first quarter. State Board of Administration of Florida Retirement System now owns 506,284 shares of the company’s stock valued at $13,179,000 after acquiring an additional 11,720 shares during the period. Quadrant Capital Group LLC purchased a new stake in Vistra Energy during the first quarter valued at about $45,000. Intrepid Capital Management Inc. purchased a new stake in Vistra Energy during the first quarter valued at about $7,890,000. Finally, Robeco Institutional Asset Management B.V. grew its position in Vistra Energy by 8.0% during the second quarter. Robeco Institutional Asset Management B.V. now owns 70,606 shares of the company’s stock valued at $1,599,000 after acquiring an additional 5,227 shares during the period.
In related news, Director Bruce Zimmerman bought 4,000 shares of the firm’s stock in a transaction dated Friday, June 7th. The stock was bought at an average price of $24.43 per share, with a total value of $97,720.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO James A. Burke bought 6,000 shares of the firm’s stock in a transaction dated Thursday, May 30th. The stock was bought at an average cost of $23.58 per share, with a total value of $141,480.00. The disclosure for this purchase can be found here. Insiders bought 44,250 shares of company stock valued at $1,039,490 in the last ninety days. Company insiders own 14.05% of the company’s stock.
Shares of NYSE VST traded up $0.36 on Thursday, hitting $22.65. The company had a trading volume of 52,382 shares, compared to its average volume of 3,567,156. Vistra Energy Corp has a 12-month low of $20.83 and a 12-month high of $27.86. The company has a 50 day moving average price of $22.19. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.24 and a quick ratio of 1.11. The firm has a market cap of $10.87 billion, a price-to-earnings ratio of -1,132.50, a P/E/G ratio of 3.71 and a beta of 0.67.
Vistra Energy (NYSE:VST) last issued its earnings results on Friday, August 2nd. The company reported $0.70 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.41. Vistra Energy had a return on equity of 7.52% and a net margin of 6.25%. The company had revenue of $2.83 billion during the quarter. Equities research analysts predict that Vistra Energy Corp will post 1.96 EPS for the current year.
A number of research firms have issued reports on VST. Citigroup set a $31.00 price target on Vistra Energy and gave the company a “buy” rating in a research report on Friday, July 19th. ValuEngine downgraded Vistra Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Zacks Investment Research downgraded Vistra Energy from a “buy” rating to a “hold” rating in a research report on Friday, July 19th. Credit Suisse Group boosted their price target on Vistra Energy from $30.00 to $31.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Bank of America downgraded Vistra Energy from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 8th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $31.50.
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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