Vistra Energy (NYSE:VST) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Wednesday.
According to Zacks, “Vistra Energy Corp. is an energy company. It offers electricity and power generation, distribution and transmission solutions. Vistra Energy Corp. is based in Dallas, United States. “
Other equities research analysts have also issued research reports about the stock. SunTrust Banks began coverage on shares of Vistra Energy in a report on Tuesday, October 10th. They issued a “hold” rating and a $18.00 price target for the company. Citigroup began coverage on shares of Vistra Energy in a report on Thursday, September 28th. They issued a “buy” rating and a $22.00 price target for the company. Bank of America began coverage on shares of Vistra Energy in a report on Tuesday, October 24th. They issued a “buy” rating and a $22.00 price target for the company. Evercore ISI began coverage on shares of Vistra Energy in a report on Friday, October 20th. They issued an “outperform” rating and a $21.50 price target for the company. Finally, Deutsche Bank raised shares of Vistra Energy to a “buy” rating and set a $21.00 price target for the company in a report on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. Vistra Energy currently has a consensus rating of “Buy” and a consensus price target of $19.68.
Vistra Energy (NYSE:VST) last issued its quarterly earnings results on Friday, November 3rd. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.32 by $0.32. The company had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.93 billion. Vistra Energy had a net margin of 416.84% and a return on equity of 352.77%. The company’s revenue was up 8.5% on a year-over-year basis. analysts forecast that Vistra Energy will post 0.41 EPS for the current fiscal year.
In other news, Director Scott B. Helm acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The stock was purchased at an average price of $18.61 per share, with a total value of $93,050.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO James A. Burke acquired 13,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 12th. The stock was purchased at an average cost of $18.24 per share, with a total value of $246,240.00. The disclosure for this purchase can be found here. Insiders have bought 21,300 shares of company stock valued at $392,568 in the last ninety days.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Quantbot Technologies LP purchased a new stake in shares of Vistra Energy in the third quarter valued at about $124,000. Public Employees Retirement Association of Colorado purchased a new stake in shares of Vistra Energy in the second quarter valued at about $127,000. Macquarie Group Ltd. purchased a new stake in shares of Vistra Energy in the third quarter valued at about $187,000. World Asset Management Inc purchased a new stake in shares of Vistra Energy in the second quarter valued at about $168,000. Finally, Virtu KCG Holdings LLC purchased a new stake in shares of Vistra Energy in the second quarter valued at about $182,000.
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Vistra Energy Company Profile
Vistra Energy Corp, formerly TCEH Corp. is a holding company. The Company is an energy company, which is focused on energy and power generation markets through operation as a generator and retailer of electricity in Texas market. Its portfolio of businesses consists primarily of Luminant and TXU Energy.
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