BlackRock Inc. raised its holdings in Vistra Energy Corp (NYSE:VST) by 22.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,738,498 shares of the company’s stock after buying an additional 2,671,806 shares during the quarter. BlackRock Inc.’s holdings in Vistra Energy were worth $270,008,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of VST. Lasry Marc bought a new stake in shares of Vistra Energy in the 3rd quarter worth approximately $63,643,000. Wells Fargo & Company MN grew its position in shares of Vistra Energy by 253.1% in the 3rd quarter. Wells Fargo & Company MN now owns 1,987,308 shares of the company’s stock worth $37,142,000 after buying an additional 1,424,453 shares during the last quarter. Swiss National Bank bought a new stake in shares of Vistra Energy in the 4th quarter worth approximately $17,338,000. First Trust Advisors LP grew its position in shares of Vistra Energy by 687.7% in the 4th quarter. First Trust Advisors LP now owns 1,060,692 shares of the company’s stock worth $19,432,000 after buying an additional 926,033 shares during the last quarter. Finally, First Quadrant L P CA bought a new stake in shares of Vistra Energy in the 4th quarter worth approximately $16,903,000.
Shares of Vistra Energy Corp (VST) opened at $20.69 on Monday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.79 and a current ratio of 1.98. Vistra Energy Corp has a 1 year low of $0.01 and a 1 year high of $21.20. The firm has a market capitalization of $8,864.59 and a P/E ratio of -35.07.
In related news, insider Curtis A. Morgan bought 19,094 shares of the company’s stock in a transaction on Wednesday, December 20th. The shares were acquired at an average cost of $18.34 per share, with a total value of $350,183.96. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Brian K. Ferraioli bought 5,750 shares of the company’s stock in a transaction on Friday, December 15th. The stock was bought at an average cost of $17.27 per share, for a total transaction of $99,302.50. The disclosure for this purchase can be found here. Insiders acquired 39,944 shares of company stock worth $725,496 over the last three months.
Several equities research analysts recently weighed in on VST shares. Zacks Investment Research upgraded Vistra Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, December 13th. Royal Bank of Canada started coverage on Vistra Energy in a research report on Wednesday, December 20th. They set an “outperform” rating and a $21.00 price target on the stock. SunTrust Banks restated a “hold” rating and set a $19.00 price target on shares of Vistra Energy in a research report on Thursday, December 21st. Wolfe Research upgraded Vistra Energy from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 18th. Finally, Guggenheim restated a “buy” rating and set a $23.00 price target on shares of Vistra Energy in a research report on Tuesday, January 23rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $21.54.
WARNING: This story was published by Ticker Report and is owned by of Ticker Report. If you are reading this story on another publication, it was stolen and republished in violation of US and international copyright & trademark legislation. The correct version of this story can be read at https://www.tickerreport.com/banking-finance/3256787/vistra-energy-corp-vst-stake-raised-by-blackrock-inc.html.
Vistra Energy Profile
Vistra Energy Corp, formerly TCEH Corp. is a holding company. The Company is an energy company, which is focused on energy and power generation markets through operation as a generator and retailer of electricity in Texas market. Its portfolio of businesses consists primarily of Luminant and TXU Energy.
Want to see what other hedge funds are holding VST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vistra Energy Corp (NYSE:VST).
Receive News & Ratings for Vistra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vistra Energy and related companies with MarketBeat.com's FREE daily email newsletter.