Lasry Marc purchased a new position in shares of Vistra Energy Corp. (NYSE:VST) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,405,174 shares of the company’s stock, valued at approximately $63,643,000. Vistra Energy accounts for 13.4% of Lasry Marc’s investment portfolio, making the stock its 3rd largest holding. Lasry Marc owned 0.80% of Vistra Energy as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also modified their holdings of the company. BlackRock Inc. acquired a new position in Vistra Energy in the second quarter valued at $203,135,000. JPMorgan Chase & Co. acquired a new position in Vistra Energy in the second quarter valued at $134,409,000. Brookfield Asset Management Inc. acquired a new position in shares of Vistra Energy during the second quarter valued at about $1,226,917,000. Utah Retirement Systems acquired a new position in shares of Vistra Energy during the second quarter valued at about $740,000. Finally, OZ Management LP acquired a new position in shares of Vistra Energy during the second quarter valued at about $168,582,000.
In other news, CFO J William Holden III acquired 1,800 shares of Vistra Energy stock in a transaction on Tuesday, November 28th. The stock was acquired at an average cost of $19.19 per share, with a total value of $34,542.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider James A. Burke sold 12,621 shares of the company’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $19.27, for a total transaction of $243,206.67. The disclosure for this sale can be found here. Over the last three months, insiders have bought 7,600 shares of company stock valued at $142,712.
Vistra Energy Corp. (NYSE:VST) traded down $0.02 during trading hours on Friday, hitting $17.75. 2,862,705 shares of the stock traded hands, compared to its average volume of 5,703,840. The company has a quick ratio of 1.92, a current ratio of 2.18 and a debt-to-equity ratio of 0.65. Vistra Energy Corp. has a one year low of $14.50 and a one year high of $21.20.
Vistra Energy (NYSE:VST) last posted its earnings results on Friday, November 3rd. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.32 by $0.32. The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.93 billion. Vistra Energy had a net margin of 416.84% and a return on equity of 352.77%. Vistra Energy’s revenue was up 8.5% on a year-over-year basis. equities analysts predict that Vistra Energy Corp. will post 0.41 earnings per share for the current fiscal year.
Several equities analysts have recently weighed in on the stock. Bank of America assumed coverage on shares of Vistra Energy in a report on Tuesday, October 24th. They set a “buy” rating and a $22.00 price objective on the stock. Deutsche Bank upgraded shares of Vistra Energy to a “buy” rating and set a $21.00 price objective on the stock in a report on Tuesday, October 31st. SunTrust Banks assumed coverage on shares of Vistra Energy in a report on Tuesday, October 10th. They set a “hold” rating and a $18.00 price objective on the stock. Evercore ISI assumed coverage on shares of Vistra Energy in a report on Friday, October 20th. They set an “outperform” rating and a $21.50 price objective on the stock. Finally, Zacks Investment Research lowered shares of Vistra Energy from a “hold” rating to a “sell” rating in a report on Thursday, October 19th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $19.68.
About Vistra Energy
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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