Fjarde AP Fonden Fourth Swedish National Pension Fund Has $6.42 Million Holdings in Vistra Energy Corp (VST)

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Vistra Energy Corp (NYSE:VST) by 29.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 257,879 shares of the company’s stock after buying an additional 58,812 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Vistra Energy were worth $6,416,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. PNC Financial Services Group Inc. increased its position in Vistra Energy by 510.3% during the third quarter. PNC Financial Services Group Inc. now owns 4,431 shares of the company’s stock worth $111,000 after buying an additional 3,705 shares during the last quarter. Bronfman E.L. Rothschild L.P. increased its position in Vistra Energy by 574.5% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 4,735 shares of the company’s stock worth $112,000 after buying an additional 4,033 shares during the last quarter. Advisors Asset Management Inc. acquired a new position in Vistra Energy during the second quarter worth $113,000. Alps Advisors Inc. acquired a new position in Vistra Energy during the third quarter worth $239,000. Finally, Oakbrook Investments LLC acquired a new position in Vistra Energy during the third quarter worth $248,000.

Shares of NYSE:VST opened at $22.80 on Friday. The stock has a market capitalization of $11.28 billion, a PE ratio of 23.75 and a beta of 0.52. Vistra Energy Corp has a 52-week low of $17.70 and a 52-week high of $26.29. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.93 and a current ratio of 1.06.

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

In related news, EVP Carrie Lee Kirby sold 6,340 shares of the stock in a transaction dated Wednesday, November 7th. The shares were sold at an average price of $25.03, for a total value of $158,690.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Apollo Management Holdings Gp, sold 14,329,658 shares of the stock in a transaction dated Monday, November 19th. The shares were sold at an average price of $23.00, for a total transaction of $329,582,134.00. The disclosure for this sale can be found here. Over the last ninety days, insiders bought 2,200 shares of company stock worth $52,050 and sold 14,371,314 shares worth $330,609,710. Company insiders own 15.66% of the company’s stock.

Several equities analysts have commented on the stock. Zacks Investment Research downgraded shares of Vistra Energy from a “buy” rating to a “strong sell” rating in a research report on Thursday, November 8th. SunTrust Banks raised shares of Vistra Energy from a “hold” rating to a “buy” rating and increased their target price for the stock from $25.00 to $26.00 in a research report on Thursday, October 25th. They noted that the move was a valuation call. ValuEngine downgraded shares of Vistra Energy from a “buy” rating to a “hold” rating in a research report on Monday, August 13th. Citigroup lowered their target price on shares of Vistra Energy from $30.00 to $29.00 and set a “buy” rating on the stock in a research report on Monday, October 22nd. Finally, Deutsche Bank increased 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 equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $26.44.

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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.

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

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