Bank of New York Mellon Corp Has $33.53 Million Position in Vistra Energy Corp (VST)

Bank of New York Mellon Corp boosted its position in Vistra Energy Corp (NYSE:VST) by 29.8% during the second quarter, Holdings Channel reports. The institutional investor owned 1,417,030 shares of the company’s stock after buying an additional 325,097 shares during the period. Bank of New York Mellon Corp’s holdings in Vistra Energy were worth $33,526,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the stock. UBS Group AG boosted its stake in Vistra Energy by 214.6% during the 1st quarter. UBS Group AG now owns 15,598 shares of the company’s stock valued at $325,000 after purchasing an additional 10,640 shares during the last quarter. Allianz Asset Management GmbH acquired a new position in Vistra Energy during the 1st quarter valued at about $309,000. Xact Kapitalforvaltning AB boosted its stake in Vistra Energy by 41.8% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 37,574 shares of the company’s stock valued at $889,000 after purchasing an additional 11,071 shares during the last quarter. Bank of Montreal Can boosted its stake in Vistra Energy by 1,779.2% during the 2nd quarter. Bank of Montreal Can now owns 50,456 shares of the company’s stock valued at $1,194,000 after purchasing an additional 47,771 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in Vistra Energy by 157.8% during the 2nd quarter. Nisa Investment Advisors LLC now owns 51,555 shares of the company’s stock valued at $1,220,000 after purchasing an additional 31,555 shares during the last quarter.

Vistra Energy stock opened at $22.86 on Friday. Vistra Energy Corp has a 52 week low of $17.70 and a 52 week high of $26.29. The company has a current ratio of 1.06, a quick ratio of 0.93 and a debt-to-equity ratio of 1.32. The company has a market cap of $11.50 billion, a price-to-earnings ratio of 23.81 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 firm had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $4.09 billion. During the same period in the prior year, the business earned $0.64 EPS. Vistra Energy’s quarterly revenue was up 76.9% compared to the same quarter last year. As a group, sell-side analysts expect that Vistra Energy Corp will post 1.31 earnings per share for the current fiscal year.

A number of equities analysts have issued reports on VST shares. Deutsche Bank lifted their price target on Vistra Energy from $29.00 to $31.00 and gave the company a “buy” rating in a research note on Monday, November 5th. Zacks Investment Research downgraded Vistra Energy from a “buy” rating to a “strong sell” rating in a research note on Thursday, November 8th. ValuEngine downgraded Vistra Energy from a “buy” rating to a “hold” rating in a research note on Monday, August 13th. SunTrust Banks raised shares of Vistra Energy from a “hold” rating to a “buy” rating and lifted 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. Finally, Citigroup dropped 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. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the stock. Vistra Energy currently has an average rating of “Buy” and a consensus price target of $26.44.

In related news, SVP Sara Graziano sold 3,229 shares of Vistra Energy stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $24.61, for a total value of $79,465.69. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Carrie Lee Kirby sold 6,340 shares of Vistra Energy stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $25.03, for a total transaction of $158,690.20. The disclosure for this sale can be found here. In the last three months, insiders have acquired 2,200 shares of company stock worth $52,050 and have sold 14,371,314 shares worth $330,609,710. 15.66% of the stock is owned by company insiders.

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About Vistra Energy

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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