Vistra Energy Corp (VST) Shares Bought by Hartree Partners LP
Hartree Partners LP lifted its holdings in Vistra Energy Corp (NYSE:VST) by 127.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 280,000 shares of the company’s stock after acquiring an additional 157,000 shares during the quarter. Vistra Energy makes up approximately 7.4% of Hartree Partners LP’s holdings, making the stock its 4th largest holding. Hartree Partners LP’s holdings in Vistra Energy were worth $7,288,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in the company. CIBC Asset Management Inc grew its holdings in shares of Vistra Energy by 8.7% in the 1st quarter. CIBC Asset Management Inc now owns 23,045 shares of the company’s stock valued at $600,000 after buying an additional 1,848 shares during the period. Teacher Retirement System of Texas boosted its stake in Vistra Energy by 76.2% in the 1st quarter. Teacher Retirement System of Texas now owns 1,804,633 shares of the company’s stock worth $46,975,000 after purchasing an additional 780,411 shares during the period. Toronto Dominion Bank boosted its stake in Vistra Energy by 30.0% in the 1st quarter. Toronto Dominion Bank now owns 59,035 shares of the company’s stock worth $1,536,000 after purchasing an additional 13,639 shares during the period. First Allied Advisory Services Inc. boosted its stake in Vistra Energy by 6.5% in the 1st quarter. First Allied Advisory Services Inc. now owns 9,864 shares of the company’s stock worth $257,000 after purchasing an additional 600 shares during the period. Finally, Nissay Asset Management Corp Japan ADV boosted its stake in Vistra Energy by 1.5% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 33,448 shares of the company’s stock worth $871,000 after purchasing an additional 491 shares during the period.
In other news, COO James A. Burke sold 4,509 shares of the stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $25.31, for a total transaction of $114,122.79. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Stephen J. Muscato sold 1,775 shares of the stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $25.31, for a total transaction of $44,925.25. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,038 shares of company stock valued at $507,162. Company insiders own 14.05% of the company’s stock.
Vistra Energy (NYSE:VST) last posted its quarterly earnings data on Friday, May 3rd. The company reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.05). Vistra Energy had a return on equity of 4.37% and a net margin of 4.22%. The business had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.79 billion. During the same quarter in the prior year, the company earned ($0.71) earnings per share. The company’s quarterly revenue was up 282.1% on a year-over-year basis. As a group, sell-side analysts expect that Vistra Energy Corp will post 1.98 earnings per share for the current year.
VST has been the subject of a number of research analyst reports. Bank of America lowered shares of Vistra Energy from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 8th. Citigroup upped their target price on shares of Vistra Energy from $32.00 to $36.00 and gave the stock a “buy” rating in a research note on Thursday, April 11th. Zacks Investment Research raised shares of Vistra Energy from a “sell” rating to a “hold” rating in a research note on Saturday. Guggenheim reaffirmed a “buy” rating and issued a $39.00 target price on shares of Vistra Energy in a research note on Tuesday, February 12th. Finally, Macquarie set a $35.00 target price on shares of Vistra Energy and gave the stock a “buy” rating in a research note on Friday, March 1st. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $32.63.
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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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