Ninepoint Partners LP bought a new stake in shares of Vistra Energy Corp (NYSE:VST) in the first quarter, Holdings Channel reports. The fund bought 11,902 shares of the company’s stock, valued at approximately $310,000.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Raymond James & Associates boosted its stake in shares of Vistra Energy by 0.8% during the first quarter. Raymond James & Associates now owns 401,383 shares of the company’s stock valued at $10,448,000 after purchasing an additional 3,296 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Vistra Energy by 20.9% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 31,193 shares of the company’s stock valued at $812,000 after purchasing an additional 5,395 shares during the period. Hartree Partners LP boosted its stake in shares of Vistra Energy by 127.6% during the first quarter. Hartree Partners LP now owns 280,000 shares of the company’s stock valued at $7,288,000 after purchasing an additional 157,000 shares during the period. CIBC Asset Management Inc boosted its stake in shares of Vistra Energy by 8.7% during the first quarter. CIBC Asset Management Inc now owns 23,045 shares of the company’s stock valued at $600,000 after purchasing an additional 1,848 shares during the period. Finally, Teacher Retirement System of Texas boosted its stake in shares of Vistra Energy by 76.2% during the first quarter. Teacher Retirement System of Texas now owns 1,804,633 shares of the company’s stock valued at $46,975,000 after purchasing an additional 780,411 shares during the period.

A number of brokerages have recently issued reports on VST. Credit Suisse Group raised shares of Vistra Energy from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $26.00 to $32.00 in a research note on Monday, May 6th. Macquarie set a $35.00 target price on shares of Vistra Energy and gave the company a “buy” rating in a research note on Friday, March 1st. Guggenheim reissued a “buy” rating and set a $39.00 target price on shares of Vistra Energy in a research note on Tuesday, February 12th. Bank of America lowered shares of Vistra Energy from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 8th. Finally, Zacks Investment Research lowered shares of Vistra Energy from a “hold” rating to a “sell” rating in a research note on Friday, April 12th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $32.63.

NYSE:VST traded up $0.33 during mid-day trading on Thursday, reaching $24.83. The company’s stock had a trading volume of 84,237 shares, compared to its average volume of 3,807,887. Vistra Energy Corp has a 1 year low of $20.83 and a 1 year high of $27.86. The firm has a market cap of $11.95 billion, a PE ratio of -1,241.25 and a beta of 0.60. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.03 and a quick ratio of 0.89.

Vistra Energy (NYSE:VST) last released its quarterly earnings data on Friday, May 3rd. The company reported $0.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.05). Vistra Energy had a return on equity of 4.37% and a net margin of 4.22%. The business had revenue of $2.92 billion during the quarter, compared to analysts’ expectations of $2.79 billion. During the same period last year, the company earned ($0.71) earnings per share. The firm’s revenue was up 282.1% compared to the same quarter last year. Sell-side analysts anticipate that Vistra Energy Corp will post 1.98 EPS for the current fiscal year.

In related news, SVP Stephen J. Muscato sold 1,775 shares of the company’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $25.31, for a total value of $44,925.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Curtis A. Morgan sold 10,735 shares of the company’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $25.31, for a total transaction of $271,702.85. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,038 shares of company stock valued at $507,162. 14.05% of the stock is owned by insiders.

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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.

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

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