GF Fund Management CO. LTD. Purchases 26,583 Shares of Vistra Corp. $VST

GF Fund Management CO. LTD. boosted its position in Vistra Corp. (NYSE:VST) by 72.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 63,204 shares of the company’s stock after purchasing an additional 26,583 shares during the period. GF Fund Management CO. LTD.’s holdings in Vistra were worth $12,383,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of VST. Salomon & Ludwin LLC bought a new position in shares of Vistra in the third quarter valued at approximately $25,000. Quent Capital LLC purchased a new stake in shares of Vistra during the 3rd quarter valued at $25,000. Archer Investment Corp raised its stake in shares of Vistra by 2,700.0% during the 3rd quarter. Archer Investment Corp now owns 140 shares of the company’s stock worth $27,000 after purchasing an additional 135 shares during the period. Twin Peaks Wealth Advisors LLC bought a new position in Vistra during the second quarter valued at about $28,000. Finally, Anfield Capital Management LLC purchased a new stake in Vistra during the second quarter worth about $29,000. Institutional investors own 90.88% of the company’s stock.

Insider Activity

In other news, CEO James A. Burke sold 22,251 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $162.05, for a total value of $3,605,774.55. Following the completion of the transaction, the chief executive officer directly owned 297,998 shares in the company, valued at approximately $48,290,575.90. This trade represents a 6.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction of $1,424,763.65. Following the sale, the executive vice president directly owned 79,854 shares in the company, valued at $13,842,690.90. This trade represents a 9.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.42% of the company’s stock.

Vistra Price Performance

Shares of NYSE VST opened at $171.43 on Friday. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.88 and a current ratio of 0.99. Vistra Corp. has a fifty-two week low of $90.51 and a fifty-two week high of $219.82. The stock has a market cap of $58.08 billion, a PE ratio of 61.89, a price-to-earnings-growth ratio of 1.03 and a beta of 1.40. The stock has a fifty day moving average of $162.42 and a 200-day moving average of $183.06.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on VST shares. BMO Capital Markets increased their target price 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. Bank of America reduced their price objective on Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a report on Monday, January 12th. Wells Fargo & Company lowered their target price on Vistra from $238.00 to $236.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. Jefferies Financial Group upgraded Vistra from a “hold” rating to a “buy” rating and increased their price target for the stock from $191.00 to $203.00 in a research note on Tuesday. Finally, Scotiabank boosted their price objective on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $237.53.

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.