CIBC Asset Management Inc purchased a new position in Vistra Energy Corp. (NYSE:VST) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 14,393 shares of the company’s stock, valued at approximately $269,000.
Other institutional investors have also modified their holdings of the company. Public Employees Retirement Association of Colorado purchased a new stake in Vistra Energy during the 2nd quarter valued at about $127,000. World Asset Management Inc purchased a new stake in Vistra Energy during the 2nd quarter valued at about $168,000. Virtu KCG Holdings LLC purchased a new stake in Vistra Energy during the 2nd quarter valued at about $182,000. Oppenheimer Asset Management Inc. purchased a new stake in Vistra Energy during the 2nd quarter valued at about $229,000. Finally, Gotham Asset Management LLC purchased a new stake in Vistra Energy during the 2nd quarter valued at about $241,000.
In other news, Director Scott B. Helm bought 5,000 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were bought at an average price of $18.61 per share, for a total transaction of $93,050.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO J William Holden III bought 1,800 shares of the firm’s stock in a transaction on Tuesday, November 28th. The shares were purchased at an average price of $19.19 per share, for a total transaction of $34,542.00. The disclosure for this purchase can be found here. Insiders bought a total of 7,400 shares of company stock worth $139,008 in the last quarter.
A number of analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Vistra Energy from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a report on Thursday, August 10th. Guggenheim assumed coverage on shares of Vistra Energy in a report on Tuesday, September 5th. They set a “buy” rating and a $20.00 price target on the stock. Finally, Credit Suisse Group assumed coverage on shares of Vistra Energy in a report on Wednesday, September 20th. They set an “outperform” rating and a $20.00 price target on the stock. Two analysts have rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the stock. Vistra Energy currently has an average rating of “Hold” and an average price target of $19.68.
Shares of Vistra Energy Corp. (NYSE:VST) traded down $0.30 during trading hours on Wednesday, hitting $17.51. 5,073,248 shares of the stock traded hands, compared to its average volume of 3,064,075. Vistra Energy Corp. has a 52-week low of $14.50 and a 52-week high of $21.20. The company has a current ratio of 2.18, a quick ratio of 1.92 and a debt-to-equity ratio of 0.65.
Vistra Energy (NYSE:VST) last issued its quarterly earnings data on Friday, November 3rd. The company reported $0.64 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.32. Vistra Energy had a net margin of 416.84% and a return on equity of 352.77%. The firm had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.93 billion. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. analysts expect that Vistra Energy Corp. will post 0.41 EPS for the current fiscal year.
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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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