New York State Common Retirement Fund lessened its position in shares of Vivint Solar, Inc. (NYSE:VSLR) by 0.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,800 shares of the company’s stock after selling 1 shares during the period. New York State Common Retirement Fund’s holdings in Vivint Solar were worth $110,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Rhumbline Advisers boosted its stake in shares of Vivint Solar by 9.8% in the second quarter. Rhumbline Advisers now owns 28,571 shares of the company’s stock valued at $167,000 after buying an additional 2,549 shares during the period. JPMorgan Chase & Co. bought a new stake in shares of Vivint Solar in the second quarter valued at approximately $278,000. Teachers Advisors LLC boosted its stake in shares of Vivint Solar by 6.8% in the second quarter. Teachers Advisors LLC now owns 47,791 shares of the company’s stock valued at $280,000 after buying an additional 3,062 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Vivint Solar by 0.6% in the first quarter. Bank of New York Mellon Corp now owns 152,176 shares of the company’s stock valued at $426,000 after buying an additional 914 shares during the period. Finally, TIAA CREF Investment Management LLC boosted its stake in shares of Vivint Solar by 18.6% in the second quarter. TIAA CREF Investment Management LLC now owns 74,926 shares of the company’s stock valued at $438,000 after buying an additional 11,746 shares during the period. Institutional investors own 92.60% of the company’s stock.

VSLR has been the subject of several recent research reports. Deutsche Bank cut Vivint Solar from a “buy” rating to a “hold” rating and set a $6.00 price target for the company. in a research note on Wednesday, August 9th. BidaskClub cut Vivint Solar from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 11th. Zacks Investment Research upgraded Vivint Solar from a “hold” rating to a “buy” rating and set a $5.25 price target for the company in a research note on Saturday, August 12th. ValuEngine cut Vivint Solar from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Finally, Guggenheim initiated coverage on Vivint Solar in a research note on Wednesday, September 27th. They issued a “buy” rating and a $5.00 price target for the company. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. Vivint Solar presently has an average rating of “Hold” and a consensus target price of $5.05.

Vivint Solar, Inc. (VSLR) traded down $0.15 during midday trading on Thursday, reaching $3.45. The company’s stock had a trading volume of 393,600 shares, compared to its average volume of 444,639. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.18 and a quick ratio of 1.05. Vivint Solar, Inc. has a 12-month low of $2.55 and a 12-month high of $6.09.

Vivint Solar (NYSE:VSLR) last released its earnings results on Tuesday, November 7th. The company reported ($0.33) earnings per share for the quarter, missing the consensus estimate of ($0.29) by ($0.04). Vivint Solar had a negative return on equity of 26.04% and a net margin of 18.65%. The business had revenue of $75.10 million for the quarter, compared to the consensus estimate of $74.56 million. During the same quarter in the previous year, the company earned ($0.36) earnings per share. The firm’s revenue for the quarter was up 81.8% on a year-over-year basis. analysts predict that Vivint Solar, Inc. will post -1.48 EPS for the current fiscal year.

In other Vivint Solar news, Director Alex J. Dunn sold 100,000 shares of the company’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $3.43, for a total transaction of $343,000.00. Following the completion of the sale, the director now directly owns 395,649 shares in the company, valued at $1,357,076.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.50% of the stock is owned by corporate insiders.

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Vivint Solar Profile

Vivint Solar, Inc offers distributed solar energy, electricity generated by a solar energy system installed at or near customers’ locations, to residential customers. Through investment funds, the Company owns solar energy systems it installs and provides solar electricity pursuant to long-term contracts with its customers.

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Institutional Ownership by Quarter for Vivint Solar (NYSE:VSLR)

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