Kemnay Advisory Services Inc. lifted its stake in Vistra Energy Corp (NYSE:VST) by 4.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 72,663 shares of the company’s stock after acquiring an additional 3,427 shares during the period. Vistra Energy comprises about 0.6% of Kemnay Advisory Services Inc.’s holdings, making the stock its 27th biggest position. Kemnay Advisory Services Inc.’s holdings in Vistra Energy were worth $1,808,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VST. UBS Group AG lifted its stake in Vistra Energy by 214.6% during the first quarter. UBS Group AG now owns 15,598 shares of the company’s stock worth $325,000 after purchasing an additional 10,640 shares during the period. Bank of Montreal Can lifted its stake in Vistra Energy by 1,779.2% during the second quarter. Bank of Montreal Can now owns 50,456 shares of the company’s stock worth $1,194,000 after purchasing an additional 47,771 shares during the period. Daiwa Securities Group Inc. lifted its stake in Vistra Energy by 28.7% during the second quarter. Daiwa Securities Group Inc. now owns 11,200 shares of the company’s stock worth $265,000 after purchasing an additional 2,500 shares during the period. Aperio Group LLC lifted its stake in Vistra Energy by 107.8% during the second quarter. Aperio Group LLC now owns 35,835 shares of the company’s stock worth $848,000 after purchasing an additional 18,586 shares during the period. Finally, Raymond James Financial Services Advisors Inc. bought a new position in Vistra Energy during the second quarter worth about $479,000.
NYSE:VST opened at $23.48 on Thursday. Vistra Energy Corp has a 1 year low of $17.70 and a 1 year high of $26.29. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.06 and a quick ratio of 0.93. The company has a market capitalization of $11.84 billion, a PE ratio of 24.46 and a beta of 0.53.
Vistra Energy (NYSE:VST) last posted its earnings results on Friday, November 2nd. The company reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.09). Vistra Energy had a negative net margin of 5.94% and a positive return on equity of 7.17%. The firm had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $4.09 billion. During the same quarter last year, the firm posted $0.64 EPS. The business’s revenue was up 76.9% on a year-over-year basis. As a group, sell-side analysts anticipate that Vistra Energy Corp will post 1.31 EPS for the current year.
A number of research analysts have commented on the stock. TheStreet upgraded shares of Vistra Energy from a “c” rating to a “b-” rating in a research note on Monday. Zacks Investment Research cut shares of Vistra Energy from a “buy” rating to a “strong sell” rating in a research note on Thursday, November 8th. SunTrust Banks upgraded shares of Vistra Energy from a “hold” rating to a “buy” rating and raised their price target for the stock from $25.00 to $26.00 in a research note on Thursday, October 25th. They noted that the move was a valuation call. ValuEngine cut shares of Vistra Energy from a “buy” rating to a “hold” rating in a research note on Monday, August 13th. Finally, Deutsche Bank raised their price target on shares of Vistra Energy from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Monday, November 5th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the stock. Vistra Energy presently has an average rating of “Buy” and a consensus price target of $26.44.
In related news, SVP Sara Graziano sold 3,229 shares of the firm’s stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $24.61, for a total value of $79,465.69. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Carrie Lee Kirby sold 6,340 shares of the firm’s stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $25.03, for a total transaction of $158,690.20. The disclosure for this sale can be found here. In the last quarter, insiders bought 1,800 shares of company stock valued at $42,792 and sold 14,371,314 shares valued at $330,609,710. Insiders own 15.66% of the company’s stock.
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Vistra Energy 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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