Vistra Energy Corp (NYSE:VST) Shares Purchased by Norman Fields Gottscho Capital Management LLC
Norman Fields Gottscho Capital Management LLC boosted its stake in shares of Vistra Energy Corp (NYSE:VST) by 1.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 167,680 shares of the company’s stock after acquiring an additional 3,200 shares during the period. Vistra Energy comprises about 2.3% of Norman Fields Gottscho Capital Management LLC’s holdings, making the stock its 14th biggest holding. Norman Fields Gottscho Capital Management LLC’s holdings in Vistra Energy were worth $4,482,000 as of its most recent filing with the SEC.
Other large investors also recently bought and sold shares of the company. Cerebellum GP LLC acquired a new position in Vistra Energy during the first quarter worth $27,000. Macquarie Group Ltd. acquired a new position in Vistra Energy during the second quarter worth $177,000. Marshall Wace LLP acquired a new position in Vistra Energy during the second quarter worth $212,000. First Allied Advisory Services Inc. raised its position in Vistra Energy by 5.8% during the second quarter. First Allied Advisory Services Inc. now owns 10,440 shares of the company’s stock worth $236,000 after acquiring an additional 576 shares during the period. Finally, Loews Corp acquired a new position in Vistra Energy during the second quarter worth $243,000.
Shares of VST traded down $0.07 during mid-day trading on Wednesday, reaching $27.07. The stock had a trading volume of 3,083,610 shares, compared to its average volume of 4,229,198. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.24 and a quick ratio of 1.11. Vistra Energy Corp has a 52-week low of $20.83 and a 52-week high of $27.86. The business’s fifty day moving average is $25.79 and its 200 day moving average is $24.59. The firm has a market cap of $13.28 billion, a price-to-earnings ratio of -1,353.50, a P/E/G ratio of 1.30 and a beta of 0.57.
The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date was Friday, September 13th. Vistra Energy’s dividend payout ratio is currently -2,500.00%.
A number of equities analysts have weighed in on the stock. Morgan Stanley set a $34.00 price objective on shares of Vistra Energy and gave the stock a “buy” rating in a research report on Friday, August 16th. Citigroup dropped their price objective on shares of Vistra Energy from $36.00 to $31.00 and set a “buy” rating for the company in a report on Monday, September 9th. Macquarie set a $33.00 price objective on shares of Vistra Energy and gave the company a “buy” rating in a report on Friday, June 28th. Zacks Investment Research raised shares of Vistra Energy from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a report on Saturday. Finally, ValuEngine lowered shares of Vistra Energy from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Vistra Energy presently has a consensus rating of “Buy” and an average target price of $32.63.
Vistra Energy Company 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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