New York State Common Retirement Fund lessened its stake in shares of Vistra Energy Corp (NYSE:VST) by 1.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 517,500 shares of the company’s stock after selling 10,000 shares during the period. New York State Common Retirement Fund owned about 0.10% of Vistra Energy worth $10,780,000 as of its most recent filing with the SEC.
A number of other large investors have also added to or reduced their stakes in VST. Goldman Sachs Group Inc. raised its stake in Vistra Energy by 257.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 6,343,801 shares of the company’s stock valued at $116,218,000 after buying an additional 4,567,046 shares during the period. Citadel Advisors LLC grew its position in Vistra Energy by 1,118.3% during the fourth quarter. Citadel Advisors LLC now owns 4,699,992 shares of the company’s stock worth $86,104,000 after buying an additional 4,314,196 shares in the last quarter. Luminus Management LLC grew its position in Vistra Energy by 1,388.0% during the fourth quarter. Luminus Management LLC now owns 4,396,233 shares of the company’s stock worth $80,539,000 after buying an additional 4,100,780 shares in the last quarter. JPMorgan Chase & Co. grew its position in Vistra Energy by 59.7% during the first quarter. JPMorgan Chase & Co. now owns 8,028,870 shares of the company’s stock worth $167,241,000 after buying an additional 3,001,002 shares in the last quarter. Finally, BlackRock Inc. boosted its holdings in shares of Vistra Energy by 22.1% in the 4th quarter. BlackRock Inc. now owns 14,738,498 shares of the company’s stock valued at $270,008,000 after purchasing an additional 2,671,806 shares in the last quarter. Hedge funds and other institutional investors own 90.04% of the company’s stock.
Vistra Energy opened at $24.01 on Friday, Marketbeat.com reports. Vistra Energy Corp has a 1 year low of $11.88 and a 1 year high of $24.81. The stock has a market capitalization of $12.60 billion, a P/E ratio of 25.01 and a beta of -0.04. The company has a quick ratio of 1.59, a current ratio of 1.73 and a debt-to-equity ratio of 0.72.
VST has been the topic of several recent research reports. Citigroup reissued a “buy” rating and set a $27.00 price objective (up previously from $22.00) on shares of Vistra Energy in a report on Tuesday, May 1st. SunTrust Banks reaffirmed a “hold” rating and set a $21.00 target price on shares of Vistra Energy in a research report on Tuesday, February 27th. Credit Suisse Group lifted their price objective on Vistra Energy from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Monday, May 7th. Zacks Investment Research downgraded Vistra Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 11th. Finally, Bank of America reduced their target price on Vistra Energy to $28.00 and set a “buy” rating for the company in a research note on Tuesday, May 8th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Vistra Energy presently has an average rating of “Buy” and a consensus target price of $23.13.
Vistra Energy Company 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.
Want to see what other hedge funds are holding VST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vistra Energy Corp (NYSE:VST).
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.