Pacer Advisors Inc. reduced its holdings in Vistra Energy Corp (NYSE:VST) by 2.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 145,791 shares of the company’s stock after selling 4,165 shares during the quarter. Pacer Advisors Inc.’s holdings in Vistra Energy were worth $2,715,000 as of its most recent filing with the SEC.
Several other institutional investors have also bought and sold shares of VST. Invesco Ltd. lifted its position in shares of Vistra Energy by 104.6% in the 1st quarter. Invesco Ltd. now owns 10,050,907 shares of the company’s stock worth $160,412,000 after buying an additional 5,138,893 shares during the last quarter. Norges Bank acquired a new stake in shares of Vistra Energy in the 4th quarter worth about $74,511,000. Owl Creek Asset Management L.P. increased its holdings in shares of Vistra Energy by 354.3% in the 1st quarter. Owl Creek Asset Management L.P. now owns 2,006,570 shares of the company’s stock worth $32,025,000 after acquiring an additional 1,564,870 shares during the period. Deutsche Bank AG increased its holdings in shares of Vistra Energy by 115.6% in the 1st quarter. Deutsche Bank AG now owns 2,012,296 shares of the company’s stock worth $32,116,000 after acquiring an additional 1,079,145 shares during the period. Finally, Wells Fargo & Company MN increased its holdings in shares of Vistra Energy by 28.7% in the 1st quarter. Wells Fargo & Company MN now owns 4,842,423 shares of the company’s stock worth $77,285,000 after acquiring an additional 1,078,932 shares during the period. Institutional investors own 93.32% of the company’s stock.
VST has been the topic of a number of analyst reports. UBS Group dropped their price objective on shares of Vistra Energy from $34.00 to $31.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Morgan Stanley dropped their price objective on shares of Vistra Energy from $35.00 to $34.00 and set an “overweight” rating on the stock in a report on Friday, July 17th. Seaport Global Securities raised shares of Vistra Energy from a “neutral” rating to a “buy” rating and set a $24.00 price objective on the stock in a report on Tuesday, June 9th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $25.00 price objective on shares of Vistra Energy in a report on Wednesday, May 13th. Finally, Zacks Investment Research cut shares of Vistra Energy from a “strong-buy” rating to a “hold” rating in a report on Saturday, July 4th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $30.33.
Vistra Energy stock opened at $18.66 on Friday. The stock has a market cap of $9.12 billion, a price-to-earnings ratio of 10.79, a PEG ratio of 0.46 and a beta of 0.99. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26. The company’s 50-day moving average price is $19.25 and its two-hundred day moving average price is $19.46. Vistra Energy Corp has a 52 week low of $11.30 and a 52 week high of $27.96.
Vistra Energy (NYSE:VST) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.14). The business had revenue of $2.86 billion during the quarter. Vistra Energy had a return on equity of 10.84% and a net margin of 6.45%. Research analysts expect that Vistra Energy Corp will post 2.2 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a $0.135 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $0.54 annualized dividend and a dividend yield of 2.89%. Vistra Energy’s dividend payout ratio is currently 26.09%.
In other Vistra Energy news, Director Arcilia Acosta acquired 10,000 shares of the stock in a transaction dated Monday, June 22nd. The shares were bought at an average price of $19.58 per share, with a total value of $195,800.00. Following the purchase, the director now directly owns 21,001 shares of the company’s stock, valued at approximately $411,199.58. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.49% of the company’s stock.
Vistra Energy 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.
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