FNY Investment Advisers LLC acquired a new position in Vistra Energy Corp (NYSE:VST) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 25,000 shares of the company’s stock, valued at approximately $471,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. PNC Financial Services Group Inc. increased its holdings in shares of Vistra Energy by 57.1% during the second quarter. PNC Financial Services Group Inc. now owns 1,547 shares of the company’s stock worth $29,000 after purchasing an additional 562 shares during the period. Signaturefd LLC lifted its position in shares of Vistra Energy by 51.6% during the 2nd quarter. Signaturefd LLC now owns 1,775 shares of the company’s stock valued at $33,000 after acquiring an additional 604 shares during the period. Focused Wealth Management Inc bought a new stake in shares of Vistra Energy during the 2nd quarter valued at $121,000. Tower Research Capital LLC TRC grew its holdings in shares of Vistra Energy by 336.4% during the 1st quarter. Tower Research Capital LLC TRC now owns 11,079 shares of the company’s stock worth $177,000 after purchasing an additional 8,540 shares in the last quarter. Finally, IBM Retirement Fund increased its position in shares of Vistra Energy by 11.6% in the second quarter. IBM Retirement Fund now owns 11,399 shares of the company’s stock worth $212,000 after purchasing an additional 1,182 shares during the period. 93.23% of the stock is owned by hedge funds and other institutional investors.
Vistra Energy stock traded down $0.29 during mid-day trading on Friday, reaching $17.99. The company had a trading volume of 3,355,750 shares, compared to its average volume of 4,333,895. The business has a fifty day simple moving average of $18.46 and a 200 day simple moving average of $18.63. The company has a market cap of $8.79 billion, a P/E ratio of 15.38, a P/E/G ratio of 0.46 and a beta of 0.94. Vistra Energy Corp has a fifty-two week low of $11.30 and a fifty-two week high of $27.96. The company has a current ratio of 0.87, a quick ratio of 0.75 and a debt-to-equity ratio of 1.16.
Vistra Energy (NYSE:VST) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.36 EPS for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.13). The firm had revenue of $2.51 billion during the quarter. Vistra Energy had a net margin of 4.98% and a return on equity of 8.57%. Research analysts forecast that Vistra Energy Corp will post 2.18 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th were given a $0.135 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.54 annualized dividend and a yield of 3.00%. Vistra Energy’s dividend payout ratio is presently 26.09%.
In other Vistra Energy news, CEO Curtis A. Morgan acquired 41,176 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was acquired at an average price of $18.19 per share, for a total transaction of $748,991.44. Also, Director Scott B. Helm acquired 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was acquired at an average price of $18.19 per share, with a total value of $363,800.00. Following the acquisition, the director now owns 190,377 shares in the company, valued at $3,462,957.63. The disclosure for this purchase can be found here. Company insiders own 0.49% of the company’s stock.
VST has been the topic of a number of analyst reports. ValuEngine downgraded shares of Vistra Energy from a “hold” rating to a “sell” rating in a research note on Friday, August 7th. Zacks Investment Research lowered shares of Vistra Energy from a “strong-buy” rating to a “hold” rating in a research report on Saturday, July 4th. Morgan Stanley lowered their price objective on shares of Vistra Energy from $35.00 to $34.00 and set an “overweight” rating for the company in a research report on Friday, July 17th. Finally, BMO Capital Markets reduced their target price on Vistra Energy from $33.00 to $31.00 and set an “outperform” rating on the stock in a report on Wednesday, September 30th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the company. Vistra Energy has a consensus rating of “Buy” and a consensus target price of $29.44.
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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