HBK Investments L P decreased its holdings in Vistra Energy Corp (NYSE:VST) by 52.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,207,841 shares of the company’s stock after selling 7,965,077 shares during the period. Vistra Energy makes up about 1.2% of HBK Investments L P’s holdings, making the stock its 6th biggest holding. HBK Investments L P owned approximately 1.68% of Vistra Energy worth $132,048,000 at the end of the most recent quarter.
Several other institutional investors have also made changes to their positions in the company. Two Sigma Investments LP purchased a new stake in shares of Vistra Energy in the 4th quarter valued at $13,939,000. RiverPark Advisors LLC purchased a new stake in shares of Vistra Energy in the 4th quarter valued at $1,581,000. Ellington Management Group LLC purchased a new stake in shares of Vistra Energy in the 4th quarter valued at $1,019,000. Goldentree Asset Management LP purchased a new stake in shares of Vistra Energy in the 4th quarter valued at $33,087,000. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Vistra Energy by 257.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 6,343,801 shares of the company’s stock valued at $116,218,000 after purchasing an additional 4,567,046 shares in the last quarter.
In related news, Director Brian K. Ferraioli bought 5,750 shares of the company’s stock in a transaction dated Friday, December 15th. The stock was purchased at an average cost of $17.27 per share, with a total value of $99,302.50. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO James A. Burke bought 13,500 shares of the company’s stock in a transaction dated Tuesday, December 12th. The stock was bought at an average cost of $18.24 per share, with a total value of $246,240.00. The disclosure for this purchase can be found here. Insiders have acquired a total of 39,944 shares of company stock valued at $725,496 in the last three months.
Vistra Energy (NYSE:VST) last announced its quarterly earnings results on Monday, February 26th. The company reported $0.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.10. The business had revenue of $944.00 million during the quarter, compared to analysts’ expectations of $1.82 billion. Vistra Energy had a negative net margin of 4.68% and a positive return on equity of 6.15%. equities research analysts expect that Vistra Energy Corp will post 0.89 earnings per share for the current fiscal year.
VST has been the subject of a number of research reports. Zacks Investment Research cut shares of Vistra Energy from a “hold” rating to a “sell” rating in a research note on Sunday, January 21st. Wolfe Research raised shares of 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 issued a $23.00 price objective on shares of Vistra Energy in a research note on Thursday, February 1st. Guggenheim reaffirmed a “buy” rating and issued a $23.00 price objective on shares of Vistra Energy in a research note on Tuesday, January 23rd. Finally, SunTrust Banks set a $20.00 price target on shares of 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 issued a hold rating and ten have given a buy rating to the company’s stock. Vistra Energy has a consensus rating of “Buy” and a consensus target price of $21.54.
About Vistra Energy
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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