Deutsche Bank AG increased its position in Vistra Energy Corp (NYSE:VST) by 81.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 585,627 shares of the company’s stock after purchasing an additional 262,800 shares during the quarter. Deutsche Bank AG’s holdings in Vistra Energy were worth $13,400,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of the stock. Great West Life Assurance Co. Can lifted its position in Vistra Energy by 0.3% in the fourth quarter. Great West Life Assurance Co. Can now owns 163,321 shares of the company’s stock worth $3,584,000 after purchasing an additional 457 shares during the period. IFP Advisors Inc lifted its holdings in shares of Vistra Energy by 44.4% during the fourth quarter. IFP Advisors Inc now owns 1,727 shares of the company’s stock valued at $39,000 after acquiring an additional 531 shares during the period. Norman Fields Gottscho Capital Management LLC lifted its holdings in shares of Vistra Energy by 0.6% during the fourth quarter. Norman Fields Gottscho Capital Management LLC now owns 157,605 shares of the company’s stock valued at $3,608,000 after acquiring an additional 875 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Vistra Energy by 12.3% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 12,472 shares of the company’s stock valued at $285,000 after acquiring an additional 1,363 shares during the period. Finally, Lake Point Wealth Management bought a new position in shares of Vistra Energy during the fourth quarter valued at $34,000.
Shares of NYSE VST opened at $26.10 on Monday. The firm has a market cap of $12.68 billion, a price-to-earnings ratio of -1,305.00 and a beta of 0.59. Vistra Energy Corp has a 52-week low of $20.83 and a 52-week high of $27.01. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.95 and a quick ratio of 0.83.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a $0.125 dividend. The ex-dividend date was Thursday, March 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.92%. Vistra Energy’s dividend payout ratio is -2,500.00%.
A number of research analysts have issued reports on VST shares. Zacks Investment Research raised Vistra Energy from a “strong sell” rating to a “hold” rating in a report on Saturday, January 5th. Deutsche Bank set a $32.00 price objective on Vistra Energy and gave the company a “buy” rating in a report on Friday, February 8th. Macquarie set a $33.00 price objective on Vistra Energy and gave the company a “buy” rating in a report on Saturday, February 9th. Guggenheim reissued a “buy” rating and set a $39.00 price objective on shares of Vistra Energy in a report on Tuesday, February 12th. Finally, Morgan Stanley started coverage on Vistra Energy in a report on Monday, March 25th. They set an “overweight” rating and a $35.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $31.22.
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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.
Further Reading: Average Daily Trade Volume – ADTV
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