Northern Trust Corp raised its holdings in shares of Vistra Energy Corp (NYSE:VST) by 25.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,162,311 shares of the company’s stock after buying an additional 438,292 shares during the period. Northern Trust Corp owned about 0.42% of Vistra Energy worth $51,160,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of VST. BlackRock Inc. raised its stake in shares of Vistra Energy by 49.8% during the second quarter. BlackRock Inc. now owns 21,915,834 shares of the company’s stock valued at $518,529,000 after acquiring an additional 7,285,794 shares during the last quarter. FMR LLC raised its stake in shares of Vistra Energy by 56.9% during the second quarter. FMR LLC now owns 19,855,248 shares of the company’s stock valued at $469,775,000 after acquiring an additional 7,199,689 shares during the last quarter. Davidson Kempner Capital Management LP raised its stake in shares of Vistra Energy by 12.5% during the second quarter. Davidson Kempner Capital Management LP now owns 15,021,458 shares of the company’s stock valued at $355,408,000 after acquiring an additional 1,671,796 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new position in shares of Vistra Energy during the second quarter valued at about $134,639,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of Vistra Energy by 105.0% during the second quarter. Dimensional Fund Advisors LP now owns 3,737,774 shares of the company’s stock valued at $88,431,000 after acquiring an additional 1,914,043 shares during the last quarter.
VST has been the subject of several recent analyst reports. Zacks Investment Research downgraded shares of Vistra Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, August 15th. SunTrust Banks reaffirmed a “hold” rating and set a $24.00 price objective on shares of Vistra Energy in a research note on Monday, August 6th. Finally, ValuEngine downgraded shares of Vistra Energy from a “buy” rating to a “hold” rating in a research note on Monday, August 13th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $24.25.
VST stock opened at $24.22 on Friday. Vistra Energy Corp has a 1 year low of $14.43 and a 1 year high of $26.29. The stock has a market capitalization of $12.90 billion, a P/E ratio of 25.23 and a beta of -0.20. The company has a quick ratio of 1.10, a current ratio of 1.28 and a debt-to-equity ratio of 1.40.
Vistra Energy (NYSE:VST) last released its quarterly earnings results on Monday, August 6th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.10. Vistra Energy had a negative net margin of 8.24% and a positive return on equity of 6.72%. The company had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.51 billion. During the same period in the prior year, the firm earned ($0.06) earnings per share. Vistra Energy’s revenue was up 98.6% on a year-over-year basis. On average, equities analysts anticipate that Vistra Energy Corp will post 1.37 earnings per share for the current fiscal year.
About Vistra Energy
Vistra Energy Corp., through its subsidiaries, engages in the integrated power business in Texas. The company operates through Wholesale Generation and Retail Electricity segments. The Wholesale Generation segment engages in the electricity generation, wholesale energy sales and purchases, commodity risk management, fuel production, and fuel logistics management activities.
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