Daiwa Securities Group Inc. acquired a new stake in shares of Vistra Energy Corp (NYSE:VST) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,200 shares of the company’s stock, valued at approximately $114,000.
A number of other hedge funds and other institutional investors have also modified their holdings of VST. UBS Asset Management Americas Inc. bought a new position in Vistra Energy during the 2nd quarter worth approximately $736,000. Northern Trust Corp bought a new stake in shares of Vistra Energy in the 2nd quarter worth approximately $18,070,000. Virtu KCG Holdings LLC bought a new stake in shares of Vistra Energy in the 2nd quarter worth approximately $182,000. Voya Investment Management LLC bought a new stake in shares of Vistra Energy in the 2nd quarter worth approximately $1,136,000. Finally, Gotham Asset Management LLC bought a new stake in shares of Vistra Energy in the 2nd quarter worth approximately $241,000.
In other news, insider Curtis A. Morgan acquired 19,094 shares of Vistra Energy stock in a transaction that occurred on Wednesday, December 20th. The stock was purchased at an average price of $18.34 per share, with a total value of $350,183.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Brian K. Ferraioli acquired 5,750 shares of Vistra Energy stock in a transaction that occurred on Friday, December 15th. The shares were purchased at an average cost of $17.27 per share, with a total value of $99,302.50. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 39,744 shares of company stock valued at $721,452.
VST has been the topic of several recent research reports. Zacks Investment Research downgraded Vistra Energy from a “hold” rating to a “sell” rating in a report on Sunday, January 21st. Wolfe Research raised Vistra Energy from a “market perform” rating to an “outperform” rating in a research note on Thursday, January 18th. Royal Bank of Canada reaffirmed a “buy” rating and set a $23.00 target price on shares of Vistra Energy in a research note on Thursday, February 1st. Guggenheim reaffirmed a “buy” rating and set a $23.00 target price on shares of Vistra Energy in a research note on Tuesday, January 23rd. Finally, SunTrust Banks set a $20.00 price target on Vistra Energy and gave the company a “hold” rating in a research report on Monday, January 22nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the company. Vistra Energy has an average rating of “Buy” and a consensus target price of $21.54.
Vistra Energy Corp (VST) opened at $20.47 on Wednesday. Vistra Energy Corp has a 1-year low of $14.50 and a 1-year high of $21.20. The company has a quick ratio of 1.79, a current ratio of 1.98 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $8,530.39 and a price-to-earnings ratio of -34.69.
Vistra Energy (NYSE:VST) last issued its quarterly earnings results on Monday, February 26th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.10. Vistra Energy had a positive return on equity of 6.15% and a negative net margin of 4.68%. The business had revenue of $944.00 million for the quarter, compared to the consensus estimate of $1.82 billion. analysts anticipate that Vistra Energy Corp will post 0.89 earnings per share for the current fiscal year.
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.