First Wilshire Securities Management Inc. Sells 5,035 Shares of Vistra Energy Corp (VST)
First Wilshire Securities Management Inc. trimmed its position in shares of Vistra Energy Corp (NYSE:VST) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 325,607 shares of the company’s stock after selling 5,035 shares during the quarter. Vistra Energy makes up approximately 2.8% of First Wilshire Securities Management Inc.’s holdings, making the stock its 7th largest position. First Wilshire Securities Management Inc. owned 0.06% of Vistra Energy worth $7,453,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of VST. Hartree Partners LP boosted its position in shares of Vistra Energy by 23.0% in the 4th 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 in the last quarter. AXA bought a new stake in shares of Vistra Energy in the 3rd quarter worth approximately $624,000. Riverhead Capital Management LLC boosted its position in shares of Vistra Energy by 14.7% in the 3rd quarter. Riverhead Capital Management LLC now owns 87,615 shares of the company’s stock worth $2,180,000 after purchasing an additional 11,200 shares in the last quarter. Assenagon Asset Management S.A. bought a new stake in shares of Vistra Energy in the 4th quarter worth approximately $11,114,000. Finally, IFM Investors Pty Ltd boosted its position in shares of Vistra Energy by 26.0% in the 4th 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 in the last quarter.
A number of analysts have recently commented on VST shares. Zacks Investment Research cut Vistra Energy from a “hold” rating to a “strong sell” rating in a research report on Saturday, January 12th. Macquarie set a $35.00 price target on Vistra Energy and gave the stock a “buy” rating in a research report on Friday, March 1st. Guggenheim reissued a “buy” rating and issued a $39.00 price target on shares of Vistra Energy in a research report on Tuesday, February 12th. TheStreet upgraded shares of Vistra Energy from a “c” rating to a “b-” rating in a report on Monday, December 3rd. Finally, Deutsche Bank set a $32.00 price objective on shares of Vistra Energy and gave the stock a “buy” rating in a report on Friday, February 8th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. Vistra Energy presently has a consensus rating of “Buy” and a consensus target price of $29.22.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 15th will be issued a $0.125 dividend. The ex-dividend date is Thursday, March 14th. This represents a $0.50 dividend on an annualized basis and a yield of 1.95%. Vistra Energy’s payout ratio is currently -2,500.00%.
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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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