Vistra Corp. $VST Shares Purchased by Frank Rimerman Advisors LLC

Frank Rimerman Advisors LLC raised its holdings in Vistra Corp. (NYSE:VST) by 102.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,883 shares of the company’s stock after acquiring an additional 3,985 shares during the period. Frank Rimerman Advisors LLC’s holdings in Vistra were worth $1,544,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. State Street Corp increased its holdings in shares of Vistra by 1.4% in the second quarter. State Street Corp now owns 16,660,027 shares of the company’s stock valued at $3,228,880,000 after purchasing an additional 226,514 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Vistra by 15.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 7,106,465 shares of the company’s stock valued at $1,392,299,000 after buying an additional 930,912 shares in the last quarter. Lone Pine Capital LLC increased its stake in shares of Vistra by 40.5% in the 2nd quarter. Lone Pine Capital LLC now owns 6,469,719 shares of the company’s stock worth $1,253,896,000 after acquiring an additional 1,864,931 shares during the last quarter. Norges Bank purchased a new position in shares of Vistra during the 2nd quarter worth $930,080,000. Finally, Invesco Ltd. boosted its position in shares of Vistra by 25.2% during the 2nd quarter. Invesco Ltd. now owns 4,537,384 shares of the company’s stock valued at $879,390,000 after acquiring an additional 913,350 shares during the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Vistra

In other news, EVP Stephanie Zapata Moore sold 8,219 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $173.35, for a total value of $1,424,763.65. Following the completion of the transaction, the executive vice president owned 79,854 shares of the company’s stock, valued at approximately $13,842,690.90. This trade represents a 9.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Scott A. Hudson sold 56,000 shares of the company’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 transaction of $9,456,160.00. Following the sale, the executive vice president directly owned 306,600 shares in the company, valued at approximately $51,772,476. The trade was a 15.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 166,680 shares of company stock valued at $28,761,790. 1.42% of the stock is owned by insiders.

Vistra Stock Down 2.7%

NYSE:VST opened at $158.12 on Friday. Vistra Corp. has a 52 week low of $90.51 and a 52 week high of $219.82. The stock’s fifty day moving average is $166.22 and its two-hundred day moving average is $185.69. The stock has a market capitalization of $53.58 billion, a price-to-earnings ratio of 57.08, a price-to-earnings-growth ratio of 0.99 and a beta of 1.41. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 5.74.

Vistra (NYSE:VST) last issued its quarterly earnings data on Friday, November 7th. The company reported $1.75 earnings per share for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). The firm had revenue of $4.97 billion during the quarter, compared to analyst estimates of $6.60 billion. Vistra had a net margin of 6.70% and a return on equity of 64.04%. Research analysts anticipate that Vistra Corp. will post 7 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Scotiabank raised their price objective on shares of Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. UBS Group raised their price target on shares of Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a report on Monday, January 12th. JPMorgan Chase & Co. reduced their price target on shares of Vistra from $249.00 to $233.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Vistra in a research report on Monday, December 29th. Finally, TD Cowen started coverage on Vistra in a research report on Thursday, October 16th. They issued a “buy” rating and a $250.00 target price on the stock. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company 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.