Fort Washington Investment Advisors Inc. OH purchased a new position in Vistra Energy Corp (NYSE:VST) during the third quarter, HoldingsChannel.com reports. The fund purchased 20,667 shares of the company’s stock, valued at approximately $514,000.

Other institutional investors have also recently made changes to their positions in the company. Sterling Capital Management LLC bought a new stake in Vistra Energy in the 2nd quarter worth $2,595,000. Strs Ohio grew its holdings in Vistra Energy by 504.9% in the 2nd quarter. Strs Ohio now owns 18,975 shares of the company’s stock worth $448,000 after acquiring an additional 15,838 shares during the last quarter. Janus Henderson Group PLC grew its holdings in Vistra Energy by 329.9% in the 2nd quarter. Janus Henderson Group PLC now owns 1,450,166 shares of the company’s stock worth $34,311,000 after acquiring an additional 1,112,805 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of Vistra Energy by 44.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,429,866 shares of the company’s stock worth $33,724,000 after purchasing an additional 440,558 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of Vistra Energy by 29.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,417,030 shares of the company’s stock worth $33,526,000 after purchasing an additional 325,097 shares during the period.

In related news, SVP Sara Graziano sold 3,229 shares of Vistra Energy stock in a transaction dated Wednesday, November 7th. The shares were sold at an average price of $24.61, for a total transaction of $79,465.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO J William Holden III sold 5,461 shares of Vistra Energy stock in a transaction dated Wednesday, November 7th. The shares were sold at an average price of $24.61, for a total transaction of $134,395.21. The disclosure for this sale can be found here. Over the last three months, insiders have purchased 2,400 shares of company stock valued at $56,560 and have sold 41,656 shares valued at $1,027,576. Company insiders own 15.66% of the company’s stock.

Several equities research analysts have recently commented on VST shares. SunTrust Banks reaffirmed a “hold” rating and issued a $24.00 target price on shares of Vistra Energy in a research report on Monday, August 6th. ValuEngine cut shares of Vistra Energy from a “buy” rating to a “hold” rating in a research report on Monday, August 13th. Zacks Investment Research cut shares of Vistra Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, August 15th. Citigroup dropped their target price on shares of Vistra Energy from $30.00 to $29.00 and set a “buy” rating for the company in a research report on Monday, October 22nd. Finally, Deutsche Bank raised their target price on shares of Vistra Energy from $29.00 to $31.00 and gave the stock a “buy” rating in a research report on Monday, November 5th. One analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company’s stock. Vistra Energy has a consensus rating of “Buy” and a consensus price target of $26.44.

NYSE:VST opened at $23.67 on Friday. Vistra Energy Corp has a 12 month low of $17.70 and a 12 month high of $26.29. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.06 and a quick ratio of 0.93. The stock has a market capitalization of $12.03 billion, a PE ratio of 24.66 and a beta of 0.52.

Vistra Energy (NYSE:VST) last posted its earnings results on Friday, November 2nd. The company reported $0.61 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.70 by ($0.09). Vistra Energy had a positive return on equity of 7.17% and a negative net margin of 5.94%. The company had revenue of $3.24 billion during the quarter, compared to analysts’ expectations of $4.09 billion. During the same period in the prior year, the business posted $0.64 earnings per share. The company’s revenue for the quarter was up 76.9% on a year-over-year basis. As a group, research analysts forecast that Vistra Energy Corp will post 1.31 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “Fort Washington Investment Advisors Inc. OH Invests $514,000 in Vistra Energy Corp (VST) Stock” was first reported by Daily Political and is the sole property of of Daily Political. If you are viewing this news story on another publication, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this news story can be read at https://www.dailypolitical.com/2018/11/18/fort-washington-investment-advisors-inc-oh-invests-514000-in-vistra-energy-corp-vst-stock.html.

Vistra Energy Company 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.

Read More: Stock Selection – What is cash flow?

Want to see what other hedge funds are holding VST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vistra Energy Corp (NYSE:VST).

Institutional Ownership by Quarter for Vistra Energy (NYSE:VST)

Receive News & Ratings for Vistra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vistra Energy and related companies with MarketBeat.com's FREE daily email newsletter.