Insider Buying: Vistra Energy Corp (NYSE:VST) Director Buys 4,000 Shares of Stock

Vistra Energy Corp (NYSE:VST) Director Bruce Zimmerman acquired 4,000 shares of the business’s stock in a transaction that occurred on Friday, June 7th. The shares were acquired at an average cost of $24.43 per share, with a total value of $97,720.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of VST opened at $23.86 on Friday. Vistra Energy Corp has a 12-month low of $20.83 and a 12-month high of $27.86. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.89 and a current ratio of 1.03. The stock has a market cap of $11.69 billion, a P/E ratio of -1,193.00, a PEG ratio of 1.11 and a beta of 0.83.

Vistra Energy (NYSE:VST) last issued its quarterly earnings results on Friday, May 3rd. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.05). Vistra Energy had a net margin of 4.22% and a return on equity of 4.37%. The firm had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.79 billion. During the same quarter in the prior year, the firm earned ($0.71) earnings per share. The company’s revenue was up 282.1% on a year-over-year basis. Analysts anticipate that Vistra Energy Corp will post 2.28 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a dividend of $0.125 per share. The ex-dividend date is Thursday, June 13th. This represents a $0.50 annualized dividend and a yield of 2.10%. Vistra Energy’s dividend payout ratio is -2,500.00%.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Cerebellum GP LLC bought a new stake in shares of Vistra Energy in the 1st quarter valued at approximately $27,000. Lake Point Wealth Management bought a new stake in shares of Vistra Energy in the 4th quarter valued at approximately $34,000. IFP Advisors Inc grew its stake in shares of Vistra Energy by 44.4% in the 4th quarter. IFP Advisors Inc now owns 1,727 shares of the company’s stock valued at $39,000 after purchasing an additional 531 shares during the period. Quadrant Capital Group LLC bought a new stake in shares of Vistra Energy in the 1st quarter valued at approximately $45,000. Finally, Enlightenment Research LLC bought a new stake in shares of Vistra Energy in the 4th quarter valued at approximately $62,000.

Several equities analysts recently weighed in on VST shares. Macquarie set a $35.00 price objective on Vistra Energy and gave the stock a “buy” rating in a research report on Friday, March 1st. Morgan Stanley started coverage on Vistra Energy in a research report on Monday, March 25th. They set an “overweight” rating and a $35.00 price objective for the company. Citigroup boosted their price objective on Vistra Energy from $32.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday, April 11th. Zacks Investment Research cut Vistra Energy from a “hold” rating to a “sell” rating in a research report on Friday, April 12th. Finally, Credit Suisse Group upgraded Vistra Energy from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $26.00 to $32.00 in a research note on Monday, May 6th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $32.63.

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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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Insider Buying and Selling by Quarter for Vistra Energy (NYSE:VST)

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