Vistra Energy Corp (NYSE:VST) insider Brookfield Asset Management In sold 1,900,000 shares of Vistra Energy stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $23.75, for a total value of $45,125,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Shares of NYSE:VST traded down $0.11 during trading on Thursday, hitting $22.11. 2,625,736 shares of the company were exchanged, compared to its average volume of 4,137,902. The stock has a market capitalization of $10.60 billion, a PE ratio of -1,105.50, a price-to-earnings-growth ratio of 1.10 and a beta of 0.67. Vistra Energy Corp has a fifty-two week low of $20.83 and a fifty-two week high of $27.86. The firm has a fifty day simple moving average of $23.31. The company has a current ratio of 1.03, a quick ratio of 0.89 and a debt-to-equity ratio of 1.40.
Vistra Energy (NYSE:VST) last posted its quarterly earnings results on Friday, May 3rd. The company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.05). The company had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.79 billion. Vistra Energy had a return on equity of 4.37% and a net margin of 4.22%. The firm’s revenue for the quarter was up 282.1% compared to the same quarter last year. During the same period last year, the firm earned ($0.71) EPS. As a group, sell-side analysts predict that Vistra Energy Corp will post 2.08 EPS for the current fiscal year.
VST has been the topic of several recent analyst reports. Credit Suisse Group set a €50.00 ($58.14) price objective on Fresenius SE & Co KGaA and gave the company a “neutral” rating in a report on Monday, May 6th. Macquarie set a $89.00 price objective on Nike and gave the company a “buy” rating in a report on Friday, June 28th. Citigroup lifted their target price on Vistra Energy from $32.00 to $36.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. Morgan Stanley lifted their target price on Intuit from $225.00 to $245.00 and gave the company an “equal weight” rating in a research report on Monday, March 25th. Finally, ValuEngine raised Vistra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, July 3rd. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $32.25.
Hedge funds have recently made changes to their positions in the stock. FMR LLC increased its holdings in Vistra Energy by 25.3% in the 1st quarter. FMR LLC now owns 40,527,479 shares of the company’s stock worth $1,054,932,000 after purchasing an additional 8,179,641 shares in the last quarter. Vanguard Group Inc boosted its holdings in Vistra Energy by 0.6% in the third quarter. Vanguard Group Inc now owns 37,935,659 shares of the company’s stock worth $943,839,000 after acquiring an additional 216,356 shares in the last quarter. Neuberger Berman Group LLC boosted its holdings in Vistra Energy by 24.4% in the first quarter. Neuberger Berman Group LLC now owns 8,095,332 shares of the company’s stock worth $210,718,000 after acquiring an additional 1,586,833 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in Vistra Energy by 91.0% in the first quarter. Janus Henderson Group PLC now owns 4,801,017 shares of the company’s stock worth $124,971,000 after acquiring an additional 2,287,198 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Vistra Energy by 8.2% in the fourth quarter. Geode Capital Management LLC now owns 4,425,732 shares of the company’s stock worth $101,256,000 after acquiring an additional 334,942 shares in the last quarter.
About Vistra Energy
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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