Ellington Management Group LLC purchased a new stake in shares of Vistra Energy Corp (NYSE:VST) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 55,600 shares of the company’s stock, valued at approximately $1,019,000.
A number of other hedge funds have also recently bought and sold shares of the business. BlackRock Inc. grew its position in Vistra Energy by 22.1% during the fourth quarter. BlackRock Inc. now owns 14,738,498 shares of the company’s stock valued at $270,008,000 after acquiring an additional 2,671,806 shares during the period. Goldman Sachs Group Inc. grew its position in Vistra Energy by 257.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 6,343,801 shares of the company’s stock valued at $116,218,000 after acquiring an additional 4,567,046 shares during the period. Citadel Advisors LLC grew its position in Vistra Energy by 1,118.3% during the fourth quarter. Citadel Advisors LLC now owns 4,699,992 shares of the company’s stock valued at $86,104,000 after acquiring an additional 4,314,196 shares during the period. Lasry Marc purchased a new stake in Vistra Energy during the third quarter valued at about $63,643,000. Finally, Wells Fargo & Company MN grew its position in Vistra Energy by 37.7% during the fourth quarter. Wells Fargo & Company MN now owns 2,735,851 shares of the company’s stock valued at $50,122,000 after acquiring an additional 748,543 shares during the period.
A number of equities research analysts have issued reports on VST shares. Zacks Investment Research raised Vistra Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, December 13th. Royal Bank of Canada started coverage on Vistra Energy in a research report on Wednesday, December 20th. They set an “outperform” rating and a $21.00 price target for the company. SunTrust Banks reissued a “hold” rating and set a $19.00 price target on shares of Vistra Energy in a research report on Thursday, December 21st. Wolfe Research raised Vistra Energy from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 18th. Finally, Guggenheim reissued a “buy” rating and set a $23.00 price target on shares of Vistra Energy in a research report on Tuesday, January 23rd. 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’s stock. Vistra Energy presently has an average rating of “Buy” and a consensus price target of $21.54.
Vistra Energy Corp (VST) opened at $20.69 on Monday. The company has a market capitalization of $8,864.58 and a PE ratio of 21.55. Vistra Energy Corp has a one year low of $14.50 and a one year high of $21.20. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.79 and a current ratio of 1.98.
Vistra Energy (NYSE:VST) last issued its quarterly earnings data on Monday, February 26th. The company reported $0.13 EPS for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.10. The company had revenue of $944.00 million for the quarter, compared to analysts’ expectations of $1.82 billion. Vistra Energy had a positive return on equity of 6.15% and a negative net margin of 4.68%. sell-side analysts expect that Vistra Energy Corp will post 0.89 EPS for the current year.
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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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