Vistra Energy (NYSE:VST) Reaches New 52-Week High at $27.86

Vistra Energy Corp (NYSE:VST) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $27.86 and last traded at $27.47, with a volume of 108038 shares changing hands. The stock had previously closed at $27.37.

Several equities analysts have recently issued reports on the company. Zacks Investment Research upgraded 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. Credit Suisse Group lifted their price target on Vistra Energy from $30.00 to $31.00 and gave the company an “outperform” rating in a research note on Wednesday, August 14th. Citigroup decreased 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. Morgan Stanley set a $34.00 price target on Vistra Energy and gave the company a “buy” rating in a research note on Friday, August 16th. Finally, SunTrust Banks lifted their price target on Vistra Energy from $30.00 to $31.00 and gave the company a “buy” rating in a research note on Tuesday, September 17th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Vistra Energy currently has an average rating of “Buy” and an average price target of $32.63.

The firm has a market cap of $13.36 billion, a P/E ratio of -1,287.50, a price-to-earnings-growth ratio of 0.92 and a beta of 0.57. The company has a current ratio of 1.24, a quick ratio of 1.11 and a debt-to-equity ratio of 1.42. The business has a 50-day moving average of $26.93 and a two-hundred day moving average of $24.73.

Vistra Energy (NYSE:VST) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.64). The firm had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.21 billion. Vistra Energy had a return on equity of 7.52% and a net margin of 6.25%. The company’s revenue was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.61 EPS. As a group, equities analysts expect that Vistra Energy Corp will post 2.07 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 16th will be given a dividend of $0.125 per share. The ex-dividend date is Friday, December 13th. This represents a $0.50 dividend on an annualized basis and a yield of 1.94%. Vistra Energy’s dividend payout ratio is currently -2,500.00%.

A number of hedge funds have recently modified their holdings of the stock. Oaktree Capital Management LP grew its position in Vistra Energy by 17.0% during the 2nd quarter. Oaktree Capital Management LP now owns 28,151,399 shares of the company’s stock worth $637,347,000 after acquiring an additional 4,100,000 shares during the last quarter. Boston Partners grew its position in Vistra Energy by 59.0% during the 2nd quarter. Boston Partners now owns 12,166,382 shares of the company’s stock worth $275,443,000 after acquiring an additional 4,514,742 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in Vistra Energy by 34.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,586,601 shares of the company’s stock worth $176,060,000 after acquiring an additional 1,686,266 shares during the last quarter. Janus Henderson Group PLC grew its position in Vistra Energy by 26.8% during the 2nd quarter. Janus Henderson Group PLC now owns 6,085,941 shares of the company’s stock worth $137,786,000 after acquiring an additional 1,284,924 shares during the last quarter. Finally, Invesco Ltd. grew its position in Vistra Energy by 221.3% during the 2nd quarter. Invesco Ltd. now owns 5,492,563 shares of the company’s stock worth $124,350,000 after acquiring an additional 3,783,279 shares during the last quarter.

Vistra Energy Company Profile (NYSE:VST)

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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