Vistra Energy Corp (NYSE:VST) COO James A. Burke sold 9,788 shares of the stock in a transaction on Wednesday, November 7th. The shares were sold at an average price of $24.61, for a total value of $240,882.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Vistra Energy stock traded down $0.17 during trading hours on Friday, hitting $24.08. 4,126,353 shares of the company’s stock traded hands, compared to its average volume of 5,720,576. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.06 and a quick ratio of 1.10. The company has a market capitalization of $12.46 billion, a PE ratio of 24.23 and a beta of 0.52. Vistra Energy Corp has a twelve month low of $17.70 and a twelve month high of $26.29.
Vistra Energy (NYSE:VST) last announced its earnings results on Friday, November 2nd. The company reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.09). The business had revenue of $3.24 billion for 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 firm’s revenue was up 76.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.64 earnings per share. On average, equities analysts expect that Vistra Energy Corp will post 1.31 earnings per share for the current fiscal year.
Several analysts recently issued reports on the company. Zacks Investment Research downgraded Vistra Energy from a “buy” rating to a “strong sell” rating in a report on Thursday. SunTrust Banks reiterated a “hold” rating and issued a $24.00 price target on shares of Vistra Energy in a report on Monday, August 6th. Deutsche Bank increased their price target on Vistra Energy from $29.00 to $31.00 and gave the company a “buy” rating in a report on Monday, November 5th. Citigroup lowered their price target on Vistra Energy from $30.00 to $29.00 and set a “buy” rating for the company in a report on Monday, October 22nd. Finally, ValuEngine downgraded Vistra Energy from a “buy” rating to a “hold” rating in a report on Monday, August 13th. One research analyst has rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the stock. Vistra Energy has a consensus rating of “Buy” and an average price target of $26.44.
Institutional investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. grew its stake in shares of Vistra Energy by 510.3% during the third quarter. PNC Financial Services Group Inc. now owns 4,431 shares of the company’s stock valued at $111,000 after acquiring an additional 3,705 shares in the last quarter. Bronfman E.L. Rothschild L.P. grew its stake in shares of 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 valued at $112,000 after acquiring an additional 4,033 shares in the last quarter. Advisors Asset Management Inc. acquired a new stake in shares of Vistra Energy during the second quarter valued at about $113,000. Ladenburg Thalmann Financial Services Inc. grew its stake in shares of Vistra Energy by 46.5% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 7,369 shares of the company’s stock valued at $152,000 after acquiring an additional 2,340 shares in the last quarter. Finally, Alps Advisors Inc. acquired a new stake in shares of Vistra Energy during the third quarter valued at about $239,000.
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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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