GPS Wealth Strategies Group LLC Increases Position in Vistra Corp. $VST

GPS Wealth Strategies Group LLC raised its stake in shares of Vistra Corp. (NYSE:VST) by 11.4% in the 3rd quarter, Holdings Channel reports. The fund owned 78,996 shares of the company’s stock after acquiring an additional 8,077 shares during the quarter. Vistra accounts for approximately 1.6% of GPS Wealth Strategies Group LLC’s portfolio, making the stock its 14th biggest position. GPS Wealth Strategies Group LLC’s holdings in Vistra were worth $15,477,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. ELCO Management Co. LLC acquired a new stake in Vistra in the 2nd quarter worth about $499,000. FUKOKU MUTUAL LIFE INSURANCE Co purchased a new position in shares of Vistra in the 2nd quarter worth $292,000. Fisher Funds Management LTD acquired a new position in Vistra in the third quarter valued at $1,241,000. Charles Schwab Investment Management Inc. grew its position in Vistra by 1.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 2,099,120 shares of the company’s stock valued at $406,830,000 after acquiring an additional 35,444 shares during the period. Finally, Nordea Investment Management AB grew its position in Vistra by 1,973.0% during the third quarter. Nordea Investment Management AB now owns 362,178 shares of the company’s stock valued at $69,477,000 after acquiring an additional 344,707 shares during the period. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Price Performance

VST opened at $165.58 on Thursday. Vistra Corp. has a twelve month low of $90.51 and a twelve month high of $219.82. The firm has a market cap of $56.10 billion, a price-to-earnings ratio of 59.78, a PEG ratio of 1.00 and a beta of 1.41. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74. The company has a fifty day simple moving average of $166.65 and a 200 day simple moving average of $186.11.

Vistra (NYSE:VST) last announced its earnings results on Friday, November 7th. The company reported $1.75 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.03). Vistra had a net margin of 6.70% and a return on equity of 64.04%. The business had revenue of $4.97 billion for the quarter, compared to analyst estimates of $6.60 billion. Equities research analysts expect that Vistra Corp. will post 7 EPS for the current fiscal year.

Insiders Place Their Bets

In other Vistra news, EVP Stephanie Zapata Moore sold 8,219 shares of the company’s 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 transaction, the executive vice president directly owned 79,854 shares of the company’s stock, valued at $13,842,690.90. This represents a 9.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO James A. Burke sold 22,251 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $162.05, for a total transaction of $3,605,774.55. Following the sale, the chief executive officer directly owned 297,998 shares of the company’s stock, valued at $48,290,575.90. The trade was a 6.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 166,680 shares of company stock valued at $28,761,790 over the last 90 days. 1.42% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Evercore ISI lifted their price objective on Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Wells Fargo & Company dropped their price objective on shares of Vistra from $238.00 to $236.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Weiss Ratings restated a “hold (c)” rating on shares of Vistra in a report on Monday, December 29th. 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. Finally, JPMorgan Chase & Co. reduced their price objective on Vistra from $249.00 to $233.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 16th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Vistra presently has a consensus rating of “Buy” and a consensus price target of $239.20.

Vistra 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.