Vistra Corp. $VST Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC lowered its holdings in Vistra Corp. (NYSE:VST) by 8.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 55,334 shares of the company’s stock after selling 4,974 shares during the quarter. ProShare Advisors LLC’s holdings in Vistra were worth $10,841,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in VST. Salomon & Ludwin LLC purchased a new stake in Vistra in the third quarter valued at $25,000. Quent Capital LLC acquired a new position in shares of Vistra in the 3rd quarter valued at about $25,000. Archer Investment Corp boosted its stake in shares of Vistra by 2,700.0% in the third quarter. Archer Investment Corp now owns 140 shares of the company’s stock worth $27,000 after buying an additional 135 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in Vistra during the second quarter worth about $28,000. Finally, Anfield Capital Management LLC acquired a new stake in Vistra during the second quarter worth about $29,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Price Performance

Shares of NYSE VST opened at $160.26 on Thursday. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.88 and a current ratio of 0.99. The firm has a fifty day moving average of $162.59 and a 200 day moving average of $183.48. The firm has a market cap of $54.30 billion, a PE ratio of 57.85, a PEG ratio of 0.96 and a beta of 1.40. Vistra Corp. has a one year low of $90.51 and a one year high of $219.82.

Insider Activity at Vistra

In related news, EVP Stephanie Zapata Moore sold 8,219 shares of Vistra stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $173.35, for a total value of $1,424,763.65. Following the sale, the executive vice president directly owned 79,854 shares in the company, valued at approximately $13,842,690.90. The trade was a 9.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Scott A. Hudson sold 56,000 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $168.86, for a total value of $9,456,160.00. Following the sale, the executive vice president owned 306,600 shares of the company’s stock, valued at approximately $51,772,476. This trade represents a 15.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 144,745 shares of company stock worth $24,670,254 over the last three months. Company insiders own 1.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. TD Cowen assumed coverage on Vistra in a report on Thursday, October 16th. They issued a “buy” rating and a $250.00 price target for the company. Morgan Stanley set a $227.00 target price on shares of Vistra in a report on Wednesday, January 21st. Jefferies Financial Group raised shares of Vistra from a “hold” rating to a “buy” rating and increased their price target for the stock from $191.00 to $203.00 in a report on Tuesday. BMO Capital Markets lifted their price objective on shares of Vistra from $230.00 to $244.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Finally, KeyCorp started coverage on shares of Vistra in a research note on Monday, November 24th. They set an “overweight” rating and a $217.00 target price on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $237.53.

About Vistra

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.