Vistra Corp. $VST Shares Bought by Reaves W H & Co. Inc.

Reaves W H & Co. Inc. grew its holdings in Vistra Corp. (NYSE:VST) by 22.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,918,529 shares of the company’s stock after purchasing an additional 350,270 shares during the quarter. Vistra comprises about 6.7% of Reaves W H & Co. Inc.’s portfolio, making the stock its 2nd biggest position. Reaves W H & Co. Inc. owned approximately 0.57% of Vistra worth $375,878,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Ballentine Partners LLC grew its stake in shares of Vistra by 2.0% in the 3rd quarter. Ballentine Partners LLC now owns 3,275 shares of the company’s stock worth $642,000 after acquiring an additional 63 shares in the last quarter. Wealth Effects LLC boosted its holdings in Vistra by 1.1% during the third quarter. Wealth Effects LLC now owns 5,782 shares of the company’s stock worth $1,133,000 after purchasing an additional 65 shares during the last quarter. Guardian Asset Advisors LLC grew its position in Vistra by 3.0% in the 3rd quarter. Guardian Asset Advisors LLC now owns 2,281 shares of the company’s stock worth $447,000 after purchasing an additional 66 shares in the last quarter. Bridgewater Advisors Inc. grew its holdings in shares of Vistra by 4.0% in the second quarter. Bridgewater Advisors Inc. now owns 1,734 shares of the company’s stock valued at $333,000 after acquiring an additional 67 shares in the last quarter. Finally, Verdence Capital Advisors LLC boosted its position in Vistra by 2.2% in the second quarter. Verdence Capital Advisors LLC now owns 3,256 shares of the company’s stock worth $631,000 after purchasing an additional 71 shares during the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Stock Up 2.2%

Shares of Vistra stock opened at $152.95 on Tuesday. Vistra Corp. has a 12-month low of $90.51 and a 12-month high of $219.82. The company has a market cap of $51.82 billion, a P/E ratio of 55.22, a PEG ratio of 0.89 and a beta of 1.41. The company’s fifty day simple moving average is $163.08 and its two-hundred day simple moving average is $183.87. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74.

Insider Transactions at Vistra

In other Vistra news, CEO James A. Burke sold 22,251 shares of Vistra stock in a transaction 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 completion of the transaction, the chief executive officer owned 297,998 shares in the company, valued at approximately $48,290,575.90. The trade was a 6.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Scott A. Hudson sold 56,000 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $168.86, for a total value of $9,456,160.00. Following the completion of the sale, the executive vice president directly owned 306,600 shares in the company, valued at approximately $51,772,476. This represents a 15.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 144,745 shares of company stock worth $24,670,254. Corporate insiders own 1.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on VST. UBS Group lifted their price objective on shares of Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a research note on Monday, December 29th. KeyCorp began coverage on shares of Vistra in a research report on Monday, November 24th. They set an “overweight” rating and a $217.00 price objective on the stock. Evercore lifted their price target on Vistra from $237.00 to $243.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Finally, The Goldman Sachs Group upgraded Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective on the stock in a research report on Friday. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $237.53.

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.