Dupont Capital Management Corp increased its position in Vistra Energy Corp (NYSE:VST) by 47.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 339,727 shares of the company’s stock after buying an additional 109,110 shares during the quarter. Dupont Capital Management Corp owned 0.07% of Vistra Energy worth $9,081,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently added to or reduced their stakes in the company. Macquarie Group Ltd. bought a new stake in Vistra Energy in the 2nd quarter worth approximately $177,000. Oakbrook Investments LLC purchased a new position in shares of Vistra Energy during the third quarter valued at approximately $226,000. Stephens Inc. AR purchased a new position in shares of Vistra Energy during the third quarter valued at approximately $242,000. Marshall Wace LLP purchased a new position in shares of Vistra Energy during the second quarter valued at approximately $212,000. Finally, Arden Trust Co purchased a new position in shares of Vistra Energy during the third quarter valued at approximately $267,000.
VST has been the topic of several research analyst reports. SunTrust Banks boosted their target price on Vistra Energy from $30.00 to $31.00 and gave the company a “buy” rating in a research note on Tuesday, September 17th. ValuEngine cut Vistra Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Morgan Stanley set a $34.00 price target on Vistra Energy and gave the stock a “buy” rating in a research note on Friday, August 16th. Citigroup reduced their price target on Vistra Energy from $36.00 to $31.00 and set a “buy” rating on the stock in a research note on Monday, September 9th. Finally, Zacks Investment Research raised Vistra Energy from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a research note on Saturday, October 5th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $32.63.
Shares of NYSE VST traded down $0.11 during trading on Monday, reaching $26.99. The company had a trading volume of 2,245,279 shares, compared to its average volume of 4,159,233. Vistra Energy Corp has a 12-month low of $20.83 and a 12-month high of $27.86. The stock has a market cap of $13.27 billion, a PE ratio of -1,349.50, a P/E/G ratio of 0.92 and a beta of 0.57. The business’s 50-day moving average is $26.68 and its 200 day moving average is $24.67. The company has a quick ratio of 1.11, a current ratio of 1.24 and a debt-to-equity ratio of 1.42.
Vistra Energy (NYSE:VST) last announced its quarterly earnings results on Friday, August 2nd. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.41. The firm 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%. On average, analysts anticipate that Vistra Energy Corp will post 2.07 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date was Friday, September 13th. Vistra Energy’s payout ratio is currently -2,500.00%.
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.
Further Reading: Cost of Equity For A Business, Investors
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