Wells Fargo & Company MN boosted its position in Vistra Energy Corp (NYSE:VST) by 35.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,181,345 shares of the company’s stock after purchasing an additional 307,929 shares during the period. Wells Fargo & Company MN owned 0.24% of Vistra Energy worth $26,746,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. CIBC World Markets Inc. increased its stake in shares of Vistra Energy by 0.9% in the first quarter. CIBC World Markets Inc. now owns 46,372 shares of the company’s stock valued at $1,207,000 after buying an additional 420 shares during the period. Nissay Asset Management Corp Japan ADV increased its stake in shares of Vistra Energy by 1.5% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 33,448 shares of the company’s stock valued at $871,000 after buying an additional 491 shares during the period. First Allied Advisory Services Inc. increased its stake in shares of Vistra Energy by 6.5% in the first quarter. First Allied Advisory Services Inc. now owns 9,864 shares of the company’s stock valued at $257,000 after buying an additional 600 shares during the period. Aviva PLC increased its stake in shares of Vistra Energy by 0.5% in the second quarter. Aviva PLC now owns 150,325 shares of the company’s stock valued at $3,403,000 after buying an additional 689 shares during the period. Finally, Cerebellum GP LLC acquired a new stake in shares of Vistra Energy in the first quarter valued at about $27,000.
VST has been the subject of several recent research reports. ValuEngine cut Vistra Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Citigroup upped their target price on Vistra Energy from $31.00 to $32.00 and gave the company a “buy” rating in a research report on Thursday, August 29th. Zacks Investment Research lowered Vistra Energy from a “buy” rating to a “hold” rating in a research report on Friday, July 19th. Morgan Stanley set a $34.00 target price on Vistra Energy and gave the company a “buy” rating in a research report on Friday, August 16th. Finally, Credit Suisse Group upped their target price on Vistra Energy from $30.00 to $31.00 and gave the company an “outperform” rating in a research report on Wednesday, August 14th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $32.00.
Shares of Vistra Energy stock traded up $0.10 on Thursday, hitting $25.32. 46,874 shares of the company’s stock traded hands, compared to its average volume of 4,614,959. Vistra Energy Corp has a one year low of $20.83 and a one year high of $27.86. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.24 and a quick ratio of 1.11. The company has a fifty day moving average of $22.89 and a two-hundred day moving average of $24.50. The company has a market capitalization of $12.40 billion, a price-to-earnings ratio of -1,258.25, a price-to-earnings-growth ratio of 1.21 and a beta of 0.56.
Vistra Energy (NYSE:VST) last announced its earnings results on Friday, August 2nd. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.29 by $0.41. The company had revenue of $2.83 billion for the quarter. Vistra Energy had a return on equity of 7.52% and a net margin of 6.25%. Equities research analysts anticipate that Vistra Energy Corp will post 2.14 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.50 annualized dividend and a yield of 1.97%. Vistra Energy’s payout ratio is currently -2,500.00%.
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.
Featured Article: How Does the Quiet Period Work?
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.