Raymond James Trust N.A. Acquires 568 Shares of Vistra Energy Corp (VST)

Raymond James Trust N.A. boosted its holdings in Vistra Energy Corp (NYSE:VST) by 4.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,027 shares of the company’s stock after purchasing an additional 568 shares during the period. Raymond James Trust N.A.’s holdings in Vistra Energy were worth $366,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Teacher Retirement System of Texas lifted its stake in Vistra Energy by 2.4% in the fourth quarter. Teacher Retirement System of Texas now owns 1,024,222 shares of the company’s stock worth $23,444,000 after purchasing an additional 24,137 shares during the last quarter. Hartree Partners LP lifted its stake in Vistra Energy by 23.0% in the fourth quarter. Hartree Partners LP now owns 123,000 shares of the company’s stock worth $2,815,000 after purchasing an additional 23,000 shares during the last quarter. Deutsche Bank AG lifted its stake in Vistra Energy by 81.4% in the fourth quarter. Deutsche Bank AG now owns 585,627 shares of the company’s stock worth $13,400,000 after purchasing an additional 262,800 shares during the last quarter. Assenagon Asset Management S.A. bought a new stake in Vistra Energy in the fourth quarter worth $11,114,000. Finally, IFM Investors Pty Ltd lifted its stake in Vistra Energy by 26.0% in the fourth quarter. IFM Investors Pty Ltd now owns 19,511 shares of the company’s stock worth $447,000 after purchasing an additional 4,030 shares during the last quarter.

VST stock opened at $26.01 on Friday. Vistra Energy Corp has a 12-month low of $20.83 and a 12-month high of $27.01. The stock has a market capitalization of $12.64 billion, a price-to-earnings ratio of -1,300.50 and a beta of 0.59. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.83 and a current ratio of 0.95.

Vistra Energy (NYSE:VST) last released its quarterly earnings data on Thursday, February 28th. The company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.47). Vistra Energy had a negative net margin of 0.59% and a positive return on equity of 4.00%. The firm had revenue of $2.56 billion during the quarter, compared to analysts’ expectations of $3.02 billion. As a group, equities analysts predict that Vistra Energy Corp will post 1.72 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend was Thursday, March 14th. Vistra Energy’s payout ratio is -2,500.00%.

Several analysts have weighed in on the stock. Macquarie set a $35.00 price target on shares of Vistra Energy and gave the stock a “buy” rating in a research note on Friday, March 1st. Guggenheim reissued a “buy” rating and issued a $39.00 price target on shares of Vistra Energy in a research note on Tuesday, February 12th. Zacks Investment Research downgraded shares of Vistra Energy from a “hold” rating to a “sell” rating in a research note on Friday, April 12th. Citigroup boosted their price objective on shares of Vistra Energy from $32.00 to $36.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. Finally, Morgan Stanley began coverage on shares of Vistra Energy in a research report on Monday, March 25th. They issued an “overweight” rating and a $35.00 price objective on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $31.22.

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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.

Further Reading: Systematic Risk and Investors

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

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