Candriam Luxembourg S.C.A. acquired a new stake in Vistra Energy Corp (NYSE:VST) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 29,900 shares of the company’s stock, valued at approximately $684,000.
Other institutional investors have also recently bought and sold shares of the company. IFP Advisors Inc lifted its stake in Vistra Energy by 44.4% in the fourth quarter. IFP Advisors Inc now owns 1,727 shares of the company’s stock valued at $39,000 after purchasing an additional 531 shares during the last quarter. Enlightenment Research LLC purchased a new position in Vistra Energy in the fourth quarter valued at approximately $62,000. Rehmann Capital Advisory Group lifted its stake in Vistra Energy by 2,387.3% in the third quarter. Rehmann Capital Advisory Group now owns 2,935 shares of the company’s stock valued at $118,000 after purchasing an additional 2,817 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Vistra Energy by 510.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 4,431 shares of the company’s stock valued at $111,000 after acquiring an additional 3,705 shares during the period. Finally, Tower Research Capital LLC TRC bought a new stake in Vistra Energy during the 3rd quarter valued at $221,000.
VST has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Vistra Energy from a “strong sell” rating to a “hold” rating in a report on Saturday, January 5th. TheStreet raised shares of Vistra Energy from a “c” rating to a “b-” rating in a report on Monday, December 3rd. Guggenheim reissued a “buy” rating and set a $39.00 target price on shares of Vistra Energy in a report on Tuesday, February 12th. Macquarie set a $35.00 target price on shares of Vistra Energy and gave the company a “buy” rating in a report on Friday, March 1st. Finally, Morgan Stanley initiated coverage on shares of Vistra Energy in a report on Monday. They set an “overweight” rating and a $35.00 target price on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $29.80.
Shares of VST stock opened at $25.80 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.83 and a debt-to-equity ratio of 1.38. Vistra Energy Corp has a 1 year low of $19.77 and a 1 year high of $27.01. The firm has a market cap of $12.61 billion, a price-to-earnings ratio of -1,290.00 and a beta of 0.60.
Vistra Energy (NYSE:VST) last issued its earnings results on Thursday, February 28th. The company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.47). The business had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $3.02 billion. Vistra Energy had a negative net margin of 0.59% and a positive return on equity of 4.00%. As a group, sell-side analysts expect that Vistra Energy Corp will post 1.75 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be issued a $0.125 dividend. The ex-dividend date is Thursday, March 14th. This represents a $0.50 annualized dividend and a dividend yield of 1.94%. Vistra Energy’s payout ratio is currently -2,500.00%.
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Vistra Energy Company 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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