Goldman Sachs Group Inc. increased its position in shares of Vistra Energy Corp (NYSE:VST) by 257.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,343,801 shares of the company’s stock after acquiring an additional 4,567,046 shares during the quarter. Goldman Sachs Group Inc. owned about 1.48% of Vistra Energy worth $116,218,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in VST. Aperio Group LLC acquired a new stake in shares of Vistra Energy in the third quarter valued at approximately $479,000. State Board of Administration of Florida Retirement System increased its holdings in Vistra Energy by 30.5% during the third quarter. State Board of Administration of Florida Retirement System now owns 254,062 shares of the company’s stock worth $4,720,000 after buying an additional 59,400 shares during the last quarter. American Century Companies Inc. acquired a new position in Vistra Energy during the third quarter worth $2,800,000. Prudential Financial Inc. acquired a new position in Vistra Energy during the third quarter worth $417,000. Finally, Principal Financial Group Inc. increased its holdings in Vistra Energy by 57.8% during the third quarter. Principal Financial Group Inc. now owns 32,063 shares of the company’s stock worth $599,000 after buying an additional 11,740 shares during the last quarter.
A number of brokerages recently weighed in on VST. UBS Group upgraded shares of Vistra Energy from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $21.00 to $27.00 in a report on Tuesday, March 6th. SunTrust Banks restated a “hold” rating and set a $21.00 target price on shares of Vistra Energy in a report on Tuesday, February 27th. Zacks Investment Research upgraded shares of Vistra Energy from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a report on Wednesday, December 20th. Royal Bank of Canada assumed coverage on shares of Vistra Energy in a report on Wednesday, December 20th. They issued an “outperform” rating and a $21.00 price objective on the stock. Finally, Guggenheim reiterated a “buy” rating and issued a $23.00 price objective on shares of Vistra Energy in a report on Tuesday, January 23rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $21.54.
Vistra Energy Corp (VST) opened at $20.46 on Wednesday. Vistra Energy Corp has a fifty-two week low of $14.50 and a fifty-two week high of $21.20. The company has a market cap of $8,766.04 and a price-to-earnings ratio of 21.31. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.98 and a quick ratio of 1.79.
Vistra Energy (NYSE:VST) last released its quarterly earnings data on Monday, February 26th. The company reported $0.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.10. The firm had revenue of $944.00 million for the quarter, compared to the consensus estimate 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 predict that Vistra Energy Corp will post 0.89 EPS for the current year.
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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