Los Angeles Capital Management & Equity Research Inc. Raises Holdings in Vistra Energy Corp (VST)

Los Angeles Capital Management & Equity Research Inc. raised its position in shares of Vistra Energy Corp (NYSE:VST) by 9.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 860,524 shares of the company’s stock after purchasing an additional 74,550 shares during the quarter. Los Angeles Capital Management & Equity Research Inc. owned about 0.17% of Vistra Energy worth $21,410,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sterling Capital Management LLC bought a new position in Vistra Energy during the 2nd quarter valued at $2,595,000. Strs Ohio boosted its stake in Vistra Energy by 504.9% during the 2nd quarter. Strs Ohio now owns 18,975 shares of the company’s stock valued at $448,000 after purchasing an additional 15,838 shares in the last quarter. Janus Henderson Group PLC boosted its stake in shares of Vistra Energy by 329.9% during the 2nd quarter. Janus Henderson Group PLC now owns 1,450,166 shares of the company’s stock worth $34,311,000 after acquiring an additional 1,112,805 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Vistra Energy by 44.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,429,866 shares of the company’s stock worth $33,724,000 after acquiring an additional 440,558 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Vistra Energy by 29.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,417,030 shares of the company’s stock worth $33,526,000 after acquiring an additional 325,097 shares in the last quarter.

Several equities research analysts have recently weighed in on the company. Deutsche Bank raised their price objective on Vistra Energy from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Monday, November 5th. Zacks Investment Research lowered Vistra Energy from a “buy” rating to a “strong sell” rating in a research note on Thursday. SunTrust Banks reissued a “hold” rating and set a $24.00 price objective on shares of Vistra Energy in a research note on Monday, August 6th. Citigroup reduced their price objective on Vistra Energy from $30.00 to $29.00 and set a “buy” rating for the company in a research note on Monday, October 22nd. Finally, ValuEngine lowered Vistra Energy from a “buy” rating to a “hold” rating in a research note on Monday, August 13th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $26.44.

In other news, COO James A. Burke sold 9,788 shares of the stock in a transaction on Wednesday, November 7th. The stock was sold at an average price of $24.61, for a total value of $240,882.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Sara Graziano sold 3,229 shares of the stock in a transaction on Wednesday, November 7th. The shares were sold at an average price of $24.61, for a total value of $79,465.69. The disclosure for this sale can be found here. In the last 90 days, insiders bought 2,600 shares of company stock valued at $61,034 and sold 41,004 shares valued at $1,011,771. 15.66% of the stock is owned by corporate insiders.

VST opened at $24.08 on Friday. The firm has a market cap of $12.46 billion, a PE ratio of 24.23 and a beta of 0.52. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.06 and a quick ratio of 1.10. Vistra Energy Corp has a fifty-two week low of $17.70 and a fifty-two week high of $26.29.

Vistra Energy (NYSE:VST) last released its quarterly earnings data on Friday, November 2nd. The company reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.09). The company had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $4.09 billion. Vistra Energy had a positive return on equity of 7.17% and a negative net margin of 5.94%. The business’s revenue was up 76.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.64 earnings per share. Equities research analysts forecast that Vistra Energy Corp will post 1.31 earnings per share for the current fiscal year.

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Vistra Energy Profile

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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Institutional Ownership by Quarter for Vistra Energy (NYSE:VST)

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