Canyon Capital Advisors LLC Invests $18.57 Million in Vistra Energy Corp. (VST) Stock

Canyon Capital Advisors LLC acquired a new position in shares of Vistra Energy Corp. (NYSE:VST) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,105,767 shares of the company’s stock, valued at approximately $18,566,000. Canyon Capital Advisors LLC owned 0.26% of Vistra Energy Corp. as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VST. Public Employees Retirement Association of Colorado acquired a new stake in shares of Vistra Energy Corp. in the second quarter valued at approximately $127,000. World Asset Management Inc acquired a new stake in shares of Vistra Energy Corp. in the second quarter valued at approximately $168,000. Virtu KCG Holdings LLC acquired a new stake in shares of Vistra Energy Corp. in the second quarter valued at approximately $182,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of Vistra Energy Corp. in the second quarter valued at approximately $229,000. Finally, Gotham Asset Management LLC acquired a new stake in shares of Vistra Energy Corp. in the second quarter valued at approximately $241,000.

VST has been the topic of several analyst reports. Zacks Investment Research lowered shares of Vistra Energy Corp. from a “buy” rating to a “hold” rating in a research note on Friday, August 25th. Credit Suisse Group initiated coverage on shares of Vistra Energy Corp. in a research note on Wednesday, September 20th. They issued an “outperform” rating and a $20.00 price target on the stock. Guggenheim initiated coverage on shares of Vistra Energy Corp. in a research note on Tuesday, September 5th. They issued a “buy” rating and a $20.00 price target on the stock. Tudor Pickering initiated coverage on shares of Vistra Energy Corp. in a research note on Monday, June 26th. They issued a “buy” rating and a $21.00 price target on the stock. Finally, Deutsche Bank AG restated a “buy” rating and issued a $20.00 price target on shares of Vistra Energy Corp. in a research note on Saturday, July 22nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company’s stock. Vistra Energy Corp. has a consensus rating of “Buy” and an average price target of $19.25.

TRADEMARK VIOLATION WARNING: This report was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this report can be viewed at https://ledgergazette.com/2017/10/08/canyon-capital-advisors-llc-invests-18-57-million-in-vistra-energy-corp-vst-stock.html.

Shares of Vistra Energy Corp. (NYSE:VST) traded down 1.73% during midday trading on Friday, hitting $18.79. 3,453,890 shares of the company’s stock traded hands. Vistra Energy Corp. has a 1-year low of $13.50 and a 1-year high of $25.24. The firm has a market capitalization of $8.03 billion and a price-to-earnings ratio of 10.99. The company has a 50 day moving average price of $17.20 and a 200 day moving average price of $16.23.

Vistra Energy Corp. (NYSE:VST) last announced its quarterly earnings results on Friday, August 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). The company had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Equities analysts anticipate that Vistra Energy Corp. will post $0.59 earnings per share for the current year.

About Vistra Energy Corp.<

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VST. Public Employees Retirement Association of Colorado acquired a new stake in shares of Vistra Energy Corp. in the second quarter valued at approximately $127,000. World Asset Management Inc acquired a new stake in shares of Vistra Energy Corp. in the second quarter valued at approximately $168,000. Virtu KCG Holdings LLC acquired a new stake in shares of Vistra Energy Corp. in the second quarter valued at approximately $182,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of Vistra Energy Corp. in the second quarter valued at approximately $229,000. Finally, Gotham Asset Management LLC acquired a new stake in shares of Vistra Energy Corp. in the second quarter valued at approximately $241,000.

VST has been the topic of several analyst reports. Zacks Investment Research lowered shares of Vistra Energy Corp. from a “buy” rating to a “hold” rating in a research note on Friday, August 25th. Credit Suisse Group initiated coverage on shares of Vistra Energy Corp. in a research note on Wednesday, September 20th. They issued an “outperform” rating and a $20.00 price target on the stock. Guggenheim initiated coverage on shares of Vistra Energy Corp. in a research note on Tuesday, September 5th. They issued a “buy” rating and a $20.00 price target on the stock. Tudor Pickering initiated coverage on shares of Vistra Energy Corp. in a research note on Monday, June 26th. They issued a “buy” rating and a $21.00 price target on the stock. Finally, Deutsche Bank AG restated a “buy” rating and issued a $20.00 price target on shares of Vistra Energy Corp. in a research note on Saturday, July 22nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company’s stock. Vistra Energy Corp. has a consensus rating of “Buy” and an average price target of $19.25.

TRADEMARK VIOLATION WARNING: This report was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this report can be viewed at https://ledgergazette.com/2017/10/08/canyon-capital-advisors-llc-invests-18-57-million-in-vistra-energy-corp-vst-stock.html.

Shares of Vistra Energy Corp. (NYSE:VST) traded down 1.73% during midday trading on Friday, hitting $18.79. 3,453,890 shares of the company’s stock traded hands. Vistra Energy Corp. has a 1-year low of $13.50 and a 1-year high of $25.24. The firm has a market capitalization of $8.03 billion and a price-to-earnings ratio of 10.99. The company has a 50 day moving average price of $17.20 and a 200 day moving average price of $16.23.

Vistra Energy Corp. (NYSE:VST) last announced its quarterly earnings results on Friday, August 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). The company had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Equities analysts anticipate that Vistra Energy Corp. will post $0.59 earnings per share for the current year.

About Vistra Energy Corp.

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.

Institutional Ownership by Quarter for Vistra Energy Corp. (NYSE:VST)

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