Vistra Corp. $VST Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lessened its position in Vistra Corp. (NYSE:VST) by 1.4% in the 3rd quarter, Holdings Channel reports. The fund owned 41,198,627 shares of the company’s stock after selling 565,467 shares during the period. Vanguard Group Inc. owned 0.12% of Vistra worth $8,071,635,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in VST. Fifth Third Bancorp raised its holdings in Vistra by 8.5% during the third quarter. Fifth Third Bancorp now owns 69,656 shares of the company’s stock worth $13,647,000 after purchasing an additional 5,439 shares in the last quarter. Petra Financial Advisors Inc. raised its stake in shares of Vistra by 4.0% during the 3rd quarter. Petra Financial Advisors Inc. now owns 3,410 shares of the company’s stock worth $668,000 after buying an additional 131 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its holdings in shares of Vistra by 2.8% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 119,157 shares of the company’s stock valued at $23,345,000 after buying an additional 3,261 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Vistra by 7.4% in the third quarter. PNC Financial Services Group Inc. now owns 52,445 shares of the company’s stock valued at $10,275,000 after buying an additional 3,627 shares in the last quarter. Finally, Glaxis Capital Management LLC acquired a new position in Vistra during the third quarter worth $588,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Analyst Ratings Changes

VST has been the subject of a number of recent analyst reports. Morgan Stanley set a $227.00 target price on Vistra in a report on Wednesday, January 21st. Jefferies Financial Group upgraded shares of Vistra from a “hold” rating to a “buy” rating and raised their price objective for the company from $191.00 to $203.00 in a research note on Tuesday, February 10th. Bank of America decreased their price objective on shares of Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a report on Monday, January 12th. Evercore increased their target price on shares of Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Finally, BMO Capital Markets lifted their price target on shares of Vistra from $230.00 to $244.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $237.53.

Insider Buying and Selling

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 transaction of $1,424,763.65. Following the completion of the transaction, the executive vice president directly owned 79,854 shares of the company’s stock, valued at $13,842,690.90. This trade represents a 9.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO James A. Burke sold 22,251 shares of Vistra stock in a transaction that occurred on 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 of the company’s stock, valued at $48,290,575.90. This represents a 6.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.42% of the company’s stock.

Vistra Price Performance

Shares of NYSE VST opened at $171.43 on Tuesday. 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’s 50-day moving average price is $162.53 and its 200 day moving average price is $182.63. Vistra Corp. has a 52 week low of $90.51 and a 52 week high of $219.82. The stock has a market cap of $58.08 billion, a price-to-earnings ratio of 61.89, a PEG ratio of 1.03 and a beta of 1.41.

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.