Luminus Management LLC grew its stake in Vistra Energy Corp (NYSE:VST) by 1,388.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,396,233 shares of the company’s stock after acquiring an additional 4,100,780 shares during the period. Vistra Energy accounts for approximately 1.7% of Luminus Management LLC’s holdings, making the stock its 16th largest position. Luminus Management LLC owned approximately 1.03% of Vistra Energy worth $80,539,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in VST. Goldman Sachs Group Inc. grew its holdings 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 acquiring an additional 4,567,046 shares in the last quarter. Citadel Advisors LLC grew its holdings in shares of Vistra Energy by 1,118.3% in the 4th 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 in the last quarter. Lasry Marc bought a new position in shares of Vistra Energy in the 3rd quarter valued at about $63,643,000. BlackRock Inc. grew its holdings in shares of Vistra Energy by 22.1% in the 4th 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 in the last quarter. Finally, Goldentree Asset Management LP bought a new position in shares of Vistra Energy in the 4th quarter valued at about $33,087,000.
A number of equities analysts recently commented on VST shares. UBS Group upgraded Vistra Energy from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $21.00 to $27.00 in a report on Tuesday, March 6th. SunTrust Banks reiterated a “hold” rating and set a $21.00 price target on shares of Vistra Energy in a report on Tuesday, February 27th. Royal Bank of Canada reiterated a “buy” rating and set a $23.00 price target on shares of Vistra Energy in a report on Thursday, February 1st. Guggenheim reiterated a “buy” rating and set a $23.00 price target on shares of Vistra Energy in a report on Tuesday, January 23rd. Finally, Zacks Investment Research cut Vistra Energy from a “hold” rating to a “sell” rating in a report on Sunday, January 21st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company’s stock. Vistra Energy presently has a consensus rating of “Buy” and a consensus target price of $21.54.
Vistra Energy (NYSE:VST) last released 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 negative net margin of 4.68% and a positive return on equity of 6.15%. The company had revenue of $944.00 million during the quarter, compared to the consensus estimate of $1.82 billion. sell-side analysts anticipate that Vistra Energy Corp will post 0.89 EPS for the current fiscal year.
In other Vistra Energy news, insider Curtis A. Morgan purchased 19,094 shares of the company’s stock in a transaction dated Wednesday, December 20th. The stock was bought at an average cost of $18.34 per share, for a total transaction of $350,183.96. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, COO James A. Burke purchased 13,500 shares of the company’s stock in a transaction dated Tuesday, December 12th. The stock was acquired at an average price of $18.24 per share, with a total value of $246,240.00. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 39,944 shares of company stock valued at $725,496.
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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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