Vanguard Group Inc. Decreases Stake in Vistra Corp. $VST

Vanguard Group Inc. trimmed its position in shares of Vistra Corp. (NYSE:VST) by 1.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 41,198,627 shares of the company’s stock after selling 565,467 shares during the period. Vanguard Group Inc. owned about 12.16% of Vistra worth $8,071,635,000 at the end of the most recent reporting period.

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

Vistra Stock Performance

Shares of VST opened at $171.43 on Tuesday. The company’s 50 day simple moving average is $162.53 and its 200-day simple moving average is $182.63. The firm has a market cap of $58.08 billion, a PE ratio of 61.89, a price-to-earnings-growth ratio of 1.03 and a beta of 1.41. Vistra Corp. has a 12-month low of $90.51 and a 12-month high of $219.82. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74.

Insiders Place Their Bets

In related news, CEO James A. Burke sold 22,251 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $162.05, for a total value of $3,605,774.55. Following the transaction, the chief executive officer owned 297,998 shares in the company, valued at $48,290,575.90. The trade was a 6.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Stephanie Zapata Moore sold 8,219 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at $13,842,690.90. The trade was a 9.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. KeyCorp began coverage on Vistra in a research report on Monday, November 24th. They set an “overweight” rating and a $217.00 price objective for the company. UBS Group upped their price target on Vistra from $230.00 to $233.00 and gave the company a “buy” rating in a report on Monday, January 12th. Jefferies Financial Group raised shares of Vistra from a “hold” rating to a “buy” rating and raised their price objective for the stock from $191.00 to $203.00 in a report on Tuesday, February 10th. Morgan Stanley set a $227.00 target price on shares of Vistra in a report on Wednesday, January 21st. Finally, Evercore increased their target price on shares of Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $237.53.

Vistra Company Profile

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.