Vistra Energy Corp. (VST) is Oaktree Capital Management LP’s Largest Position

Oaktree Capital Management LP lessened its holdings in Vistra Energy Corp. (NYSE:VST) by 0.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,280,227 shares of the company’s stock after selling 39,926 shares during the quarter. Vistra Energy makes up about 14.0% of Oaktree Capital Management LP’s holdings, making the stock its largest position. Oaktree Capital Management LP owned 11.74% of Vistra Energy worth $939,740,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of VST. Koch Industries Inc. purchased a new position in shares of Vistra Energy during the second quarter worth about $82,584,000. Brookfield Asset Management Inc. purchased a new position in shares of Vistra Energy during the second quarter worth about $1,226,917,000. Apollo Management Holdings L.P. purchased a new position in shares of Vistra Energy during the second quarter worth about $887,790,000. Vanguard Group Inc. purchased a new position in shares of Vistra Energy during the second quarter worth about $382,296,000. Finally, Franklin Resources Inc. purchased a new position in shares of Vistra Energy during the second quarter worth about $294,121,000.

In other news, insider James A. Burke sold 12,621 shares of Vistra Energy stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $19.27, for a total transaction of $243,206.67. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Scott B. Helm purchased 5,000 shares of Vistra Energy stock in a transaction dated Friday, November 10th. The shares were bought at an average price of $18.61 per share, with a total value of $93,050.00. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 7,600 shares of company stock valued at $142,712.

Shares of Vistra Energy Corp. (NYSE VST) traded down $0.30 during trading hours on Thursday, reaching $17.51. 5,073,200 shares of the company were exchanged, compared to its average volume of 3,064,075. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.18 and a quick ratio of 1.92. Vistra Energy Corp. has a 1 year low of $14.50 and a 1 year high of $21.20.

Vistra Energy (NYSE:VST) last announced its quarterly earnings data on Friday, November 3rd. The company reported $0.64 EPS for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.32. Vistra Energy had a net margin of 416.84% and a return on equity of 352.77%. The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.93 billion. The business’s revenue was up 8.5% on a year-over-year basis. sell-side analysts anticipate that Vistra Energy Corp. will post 0.41 earnings per share for the current fiscal year.

A number of research firms recently issued reports on VST. Bank of America began coverage on Vistra Energy in a report on Tuesday, October 24th. They set a “buy” rating and a $22.00 price target on the stock. Deutsche Bank raised Vistra Energy to a “buy” rating and set a $21.00 price target on the stock in a report on Tuesday, October 31st. SunTrust Banks began coverage on Vistra Energy in a report on Tuesday, October 10th. They set a “hold” rating and a $18.00 price target on the stock. Evercore ISI began coverage on Vistra Energy in a report on Friday, October 20th. They set an “outperform” rating and a $21.50 price target on the stock. Finally, Zacks Investment Research lowered Vistra Energy from a “hold” rating to a “sell” rating in a report on Thursday, October 19th. Two analysts have rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $19.68.

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About Vistra Energy

Vistra Energy Corp, formerly TCEH Corp. is a holding company. The Company is an energy company, which is focused on energy and power generation markets through operation as a generator and retailer of electricity in Texas market. Its portfolio of businesses consists primarily of Luminant and TXU Energy.

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

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