Northern Trust Corp raised its holdings in shares of Vistra Energy Corp (NYSE:VST) by 25.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,162,311 shares of the company’s stock after purchasing an additional 438,292 shares during the period. Northern Trust Corp’s holdings in Vistra Energy were worth $51,160,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. BlackRock Inc. increased 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 purchasing an additional 7,285,794 shares in the last quarter. FMR LLC grew its holdings 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 buying an additional 7,199,689 shares during the last quarter. Davidson Kempner Capital Management LP grew its holdings 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 buying an additional 1,671,796 shares during the last quarter. Massachusetts Financial Services Co. MA purchased a new stake in shares of Vistra Energy during the second quarter valued at approximately $134,639,000. Finally, Dimensional Fund Advisors LP grew its holdings 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 buying an additional 1,914,043 shares during the last quarter.
NYSE:VST opened at $24.22 on Friday. Vistra Energy Corp has a 52 week low of $14.43 and a 52 week high of $26.29. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.10 and a current ratio of 1.28. The company has a market cap of $12.90 billion, a PE ratio of 25.23 and a beta of -0.20.
Vistra Energy (NYSE:VST) last posted its quarterly earnings results on Monday, August 6th. The company reported $0.20 EPS for the quarter, beating 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 firm had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.51 billion. During the same quarter in the prior year, the company posted ($0.06) earnings per share. The business’s revenue for the quarter was up 98.6% on a year-over-year basis. As a group, equities analysts predict that Vistra Energy Corp will post 1.37 earnings per share for the current fiscal year.
A number of equities research analysts have recently commented on VST shares. ValuEngine cut shares of Vistra Energy from a “buy” rating to a “hold” rating in a report on Monday, August 13th. SunTrust Banks reiterated a “hold” rating and set a $24.00 price target on shares of Vistra Energy in a report on Monday, August 6th. Finally, Zacks Investment Research cut shares of Vistra Energy from a “buy” rating to a “hold” rating in a report on Wednesday, August 15th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $24.25.
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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