Systematic Financial Management LP Takes $25.72 Million Position in Vistra Energy Corp (VST)
Systematic Financial Management LP purchased a new position in Vistra Energy Corp (NYSE:VST) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,403,998 shares of the company’s stock, valued at approximately $25,721,000.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VST. Lasry Marc acquired a new position in Vistra Energy in the 3rd quarter worth about $63,643,000. BlackRock Inc. raised its holdings in Vistra Energy by 22.1% in the 4th quarter. BlackRock Inc. now owns 14,738,498 shares of the company’s stock worth $270,008,000 after purchasing an additional 2,671,806 shares during the period. State Street Corp acquired a new position in Vistra Energy in the 2nd quarter worth about $41,621,000. Wells Fargo & Company MN raised its holdings in shares of Vistra Energy by 253.1% during the third quarter. Wells Fargo & Company MN now owns 1,987,308 shares of the company’s stock valued at $37,142,000 after acquiring an additional 1,424,453 shares during the last quarter. Finally, UBS Asset Management Americas Inc. raised its holdings in shares of Vistra Energy by 1,273.7% during the fourth quarter. UBS Asset Management Americas Inc. now owns 1,272,915 shares of the company’s stock valued at $23,320,000 after acquiring an additional 1,180,255 shares during the last quarter.
Shares of Vistra Energy Corp (NYSE:VST) opened at $18.83 on Tuesday. The company has a current ratio of 2.18, a quick ratio of 1.92 and a debt-to-equity ratio of 0.65. Vistra Energy Corp has a 52-week low of $14.50 and a 52-week high of $21.20.
In related news, COO James A. Burke purchased 13,500 shares of the company’s stock in a transaction dated Tuesday, December 12th. The stock was acquired at an average cost of $18.24 per share, for a total transaction of $246,240.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO J William Holden III purchased 1,800 shares of the company’s stock in a transaction dated Tuesday, November 28th. The stock was bought at an average price of $19.19 per share, with a total value of $34,542.00. The disclosure for this purchase can be found here. Insiders bought 41,944 shares of company stock valued at $763,514 over the last 90 days.
About Vistra Energy
Vistra Energy Corp, formerly TCEH Corp. is a holding company. The Company is an energy company, which is focused on energy and power generation markets through operation as a generator and retailer of electricity in Texas market. Its portfolio of businesses consists primarily of Luminant and TXU Energy.
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