DekaBank Deutsche Girozentrale grew its position in shares of Vistra Energy Corp (NYSE:VST) by 4.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 44,526 shares of the company’s stock after buying an additional 2,037 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Vistra Energy were worth $845,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in VST. Invesco Ltd. grew 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 acquiring an additional 5,138,893 shares in the last quarter. State Street Corp boosted its holdings in Vistra Energy by 1.3% in the first quarter. State Street Corp now owns 8,670,563 shares of the company’s stock worth $138,382,000 after purchasing an additional 114,545 shares during the period. Nuveen Asset Management LLC boosted its holdings in Vistra Energy by 16.3% in the first quarter. Nuveen Asset Management LLC now owns 6,485,404 shares of the company’s stock worth $102,933,000 after purchasing an additional 909,288 shares during the period. Wells Fargo & Company MN increased its stake in Vistra Energy by 28.7% during the first quarter. Wells Fargo & Company MN now owns 4,842,423 shares of the company’s stock valued at $77,285,000 after purchasing an additional 1,078,932 shares during the last quarter. Finally, Victory Capital Management Inc. raised its holdings in shares of Vistra Energy by 6.9% during the first quarter. Victory Capital Management Inc. now owns 4,678,477 shares of the company’s stock worth $74,668,000 after purchasing an additional 302,386 shares during the period. 93.32% of the stock is currently owned by institutional investors.
In related news, Director Arcilia Acosta acquired 10,000 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The shares were acquired at an average cost of $19.58 per share, for a total transaction of $195,800.00. Following the completion of the purchase, the director now directly owns 21,001 shares in the company, valued at $411,199.58. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.49% of the stock is currently owned by company insiders.
Shares of Vistra Energy stock opened at $19.35 on Tuesday. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.99 and a quick ratio of 0.88. Vistra Energy Corp has a 1-year low of $11.30 and a 1-year high of $27.96. The business’s fifty day moving average price is $18.97 and its two-hundred day moving average price is $19.14. The company has a market capitalization of $9.46 billion, a P/E ratio of 16.54, a PEG ratio of 0.47 and a beta of 0.97.
The firm also recently declared 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 of this dividend is Tuesday, September 15th. This represents a $0.54 annualized dividend and a dividend yield of 2.79%. Vistra Energy’s payout ratio is 26.09%.
Several research analysts have recently commented on the stock. Morgan Stanley decreased their price target on shares of Vistra Energy from $35.00 to $34.00 and set an “overweight” rating for the company in a report on Friday, July 17th. UBS Group lowered their target price on Vistra Energy from $34.00 to $31.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Royal Bank of Canada reissued a “buy” rating and issued a $25.00 price target on shares of Vistra Energy in a report on Wednesday, May 13th. ValuEngine downgraded Vistra Energy from a “hold” rating to a “sell” rating in a report on Friday, August 7th. Finally, Zacks Investment Research lowered Vistra Energy from a “strong-buy” rating to a “hold” rating in a research report on Saturday, July 4th. One research analyst has rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $30.27.
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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