Systematic Financial Management LP bought a new position in shares of Vistra Energy Corp (NYSE:VST) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,403,998 shares of the company’s stock, valued at approximately $25,721,000. Systematic Financial Management LP owned approximately 0.33% of Vistra Energy as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Stifel Financial Corp bought a new position in shares of Vistra Energy in the third quarter valued at $469,000. Lasry Marc bought a new position in shares of Vistra Energy in the third quarter valued at $63,643,000. Mackenzie Financial Corp bought a new position in shares of Vistra Energy in the third quarter valued at $2,080,000. CIBC Asset Management Inc bought a new position in shares of Vistra Energy in the third quarter valued at $269,000. Finally, Prudential Financial Inc. bought a new position in shares of Vistra Energy during the third quarter valued at about $417,000.
A number of research analysts recently weighed in on VST shares. SunTrust Banks reissued a “hold” rating and set a $19.00 price target on shares of Vistra Energy in a research report on Thursday, December 21st. Zacks Investment Research lowered shares of Vistra Energy from a “buy” rating to a “hold” rating in a research report on Saturday, January 6th. UBS Group started coverage on shares of Vistra Energy in a research report on Friday, February 23rd. They set a “neutral” rating and a $21.00 price target on the stock. Royal Bank of Canada started coverage on shares of Vistra Energy in a research report on Wednesday, December 20th. They set an “outperform” rating and a $21.00 price target on the stock. Finally, Wolfe Research raised shares of Vistra Energy from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 18th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company’s stock. Vistra Energy has an average rating of “Buy” and an average target price of $21.54.
Vistra Energy (NYSE:VST) last posted its quarterly earnings data on Monday, February 26th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.10. Vistra Energy had a negative net margin of 4.68% and a positive return on equity of 6.15%. The business had revenue of $944.00 million during the quarter, compared to the consensus estimate of $1.82 billion. research analysts predict that Vistra Energy Corp will post 0.89 earnings per share for the current fiscal year.
In related news, Director Brian K. Ferraioli acquired 5,750 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The stock was acquired at an average price of $17.27 per share, for a total transaction of $99,302.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Curtis A. Morgan bought 19,094 shares of Vistra Energy stock in a transaction dated Wednesday, December 20th. The stock was acquired at an average price of $18.34 per share, with a total value of $350,183.96. The disclosure for this purchase can be found here. Insiders have purchased 26,444 shares of company stock valued at $479,758 in the last 90 days.
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Vistra Energy 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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