National Pension Service Increases Holdings in Vistra Corp. $VST

National Pension Service increased its position in Vistra Corp. (NYSE:VST) by 6.3% during the third quarter, HoldingsChannel.com reports. The fund owned 1,195,793 shares of the company’s stock after acquiring an additional 70,693 shares during the quarter. National Pension Service’s holdings in Vistra were worth $234,280,000 at the end of the most recent reporting period.

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

Vistra Trading Down 2.7%

NYSE:VST opened at $158.12 on Friday. The business’s 50-day moving average is $166.22 and its two-hundred day moving average is $185.64. The firm has a market capitalization of $53.58 billion, a PE ratio of 57.08, a price-to-earnings-growth ratio of 0.99 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 debt-to-equity ratio of 5.74, a current ratio of 0.99 and a quick ratio of 0.88.

Vistra (NYSE:VST) last posted its earnings results on Friday, November 7th. The company reported $1.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). The company 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 predict that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Evercore ISI boosted their price objective on shares of Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. TD Cowen initiated coverage on Vistra in a research report on Thursday, October 16th. They set a “buy” rating and a $250.00 price target for the company. Wells Fargo & Company dropped their price target on Vistra from $238.00 to $236.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Bank of America reduced their price objective on Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. Finally, BMO Capital Markets boosted their target price on Vistra from $230.00 to $244.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $239.20.

Insider Buying and Selling

In other news, EVP Carrie Lee Kirby sold 58,275 shares of the company’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $174.75, for a total value of $10,183,556.25. Following the completion of the transaction, the executive vice president directly owned 218,239 shares in the company, valued at approximately $38,137,265.25. This represents a 21.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Stephanie Zapata Moore sold 8,219 shares of the firm’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $173.35, for a total transaction of $1,424,763.65. Following the sale, the executive vice president directly owned 79,854 shares of the company’s stock, valued at approximately $13,842,690.90. The trade was a 9.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 166,680 shares of company stock worth $28,761,790 in the last 90 days. 1.42% of the stock is owned by insiders.

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.