Goldman Sachs Group Inc. increased its position in shares of Vistra Energy Corp (NYSE:VST) by 257.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,343,801 shares of the company’s stock after purchasing an additional 4,567,046 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Vistra Energy were worth $116,218,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. BlackRock Inc. lifted its position in Vistra Energy by 22.1% during the fourth quarter. BlackRock Inc. now owns 14,738,498 shares of the company’s stock worth $270,008,000 after purchasing an additional 2,671,806 shares during the period. Citadel Advisors LLC lifted its holdings in shares of Vistra Energy by 1,118.3% in the fourth quarter. Citadel Advisors LLC now owns 4,699,992 shares of the company’s stock worth $86,104,000 after acquiring an additional 4,314,196 shares during the last quarter. Lasry Marc bought a new position in shares of Vistra Energy in the third quarter worth about $63,643,000. Wells Fargo & Company MN lifted its holdings in shares of Vistra Energy by 37.7% in the fourth quarter. Wells Fargo & Company MN now owns 2,735,851 shares of the company’s stock worth $50,122,000 after acquiring an additional 748,543 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Vistra Energy by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 2,326,725 shares of the company’s stock worth $42,597,000 after acquiring an additional 18,852 shares during the last quarter.
In other news, Director Brian K. Ferraioli acquired 5,750 shares of the stock in a transaction dated Friday, December 15th. The stock was bought at an average price of $17.27 per share, with a total value of $99,302.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Curtis A. Morgan acquired 19,094 shares of the stock in a transaction dated Wednesday, December 20th. The stock was purchased at an average cost of $18.34 per share, with a total value of $350,183.96. The disclosure for this purchase can be found here. Insiders bought 26,244 shares of company stock valued at $475,640 in the last ninety days.
Vistra Energy (NYSE:VST) last released its quarterly earnings data on Monday, February 26th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.10. Vistra Energy had a positive return on equity of 6.15% and a negative net margin of 4.68%. The company had revenue of $944.00 million during the quarter, compared to the consensus estimate of $1.82 billion. analysts expect that Vistra Energy Corp will post 0.89 EPS for the current fiscal year.
VST has been the subject of a number of research reports. UBS Group raised shares of Vistra Energy from a “neutral” rating to a “buy” rating and increased their target price for the stock from $21.00 to $27.00 in a report on Tuesday, March 6th. Zacks Investment Research raised shares of Vistra Energy from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a report on Wednesday, December 20th. Royal Bank of Canada reissued a “buy” rating and issued a $23.00 target price on shares of Vistra Energy in a report on Thursday, February 1st. Guggenheim reissued a “buy” rating and issued a $23.00 target price on shares of Vistra Energy in a report on Tuesday, January 23rd. Finally, SunTrust Banks set a $20.00 target price on shares of Vistra Energy and gave the stock a “hold” rating in a report on Monday, January 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company. Vistra Energy presently has a consensus rating of “Buy” and a consensus price target of $21.54.
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About Vistra Energy
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.
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