Profund Advisors LLC reduced its holdings in shares of Vistra Energy Corp (NYSE:VST) by 12.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,398 shares of the company’s stock after selling 2,913 shares during the quarter. Profund Advisors LLC’s holdings in Vistra Energy were worth $392,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in VST. Citadel Advisors LLC lifted its stake in shares of Vistra Energy by 1,118.3% during the 4th quarter. Citadel Advisors LLC now owns 4,699,992 shares of the company’s stock valued at $86,104,000 after buying an additional 4,314,196 shares in the last quarter. Lasry Marc purchased a new stake in Vistra Energy in the 3rd quarter worth approximately $63,643,000. BlackRock Inc. lifted its stake in Vistra Energy by 22.1% in the 4th quarter. BlackRock Inc. now owns 14,738,498 shares of the company’s stock worth $270,008,000 after purchasing an additional 2,671,806 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in Vistra Energy in the 4th quarter worth approximately $28,299,000. Finally, Wells Fargo & Company MN lifted its stake in Vistra Energy by 253.1% in the 3rd quarter. Wells Fargo & Company MN now owns 1,987,308 shares of the company’s stock worth $37,142,000 after purchasing an additional 1,424,453 shares in the last quarter.
Several research firms have issued reports on VST. UBS upgraded shares of Vistra Energy from a “neutral” rating to a “buy” rating and increased their target price for the stock from $21.00 to $27.00 in a research note on Tuesday, March 6th. SunTrust Banks reiterated a “hold” rating and issued a $21.00 target price on shares of Vistra Energy in a research note on Tuesday, February 27th. Royal Bank of Canada reiterated a “buy” rating and issued a $23.00 target price on shares of Vistra Energy in a research note on Thursday, February 1st. Guggenheim reiterated a “buy” rating and issued a $23.00 target price on shares of Vistra Energy in a research note on Tuesday, January 23rd. Finally, Zacks Investment Research cut shares of Vistra Energy from a “hold” rating to a “sell” rating in a research note on Sunday, January 21st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $21.54.
Vistra Energy (NYSE:VST) last issued its quarterly earnings results on Monday, February 26th. The company reported $0.13 EPS for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.10. The firm had revenue of $944.00 million for the quarter, compared to analyst estimates of $1.82 billion. Vistra Energy had a negative net margin of 4.68% and a positive return on equity of 6.15%. equities research analysts expect that Vistra Energy Corp will post 0.89 earnings per share for the current fiscal year.
COPYRIGHT VIOLATION NOTICE: This piece was originally published by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece on another publication, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The correct version of this piece can be viewed at https://stocknewstimes.com/2018/03/22/profund-advisors-llc-sells-2913-shares-of-vistra-energy-corp-vst.html.
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.
Receive News & Ratings for Vistra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vistra Energy and related companies with MarketBeat.com's FREE daily email newsletter.