Focus Partners Advisor Solutions LLC Sells 2,001 Shares of Vistra Corp. $VST

Focus Partners Advisor Solutions LLC lowered its stake in shares of Vistra Corp. (NYSE:VST) by 50.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,963 shares of the company’s stock after selling 2,001 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Vistra were worth $380,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Verdence Capital Advisors LLC increased its stake in shares of Vistra by 2.2% during the 2nd 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. Fogel Capital Management Inc. grew its stake in shares of Vistra by 0.9% during the 2nd quarter. Fogel Capital Management Inc. now owns 7,897 shares of the company’s stock worth $1,531,000 after acquiring an additional 72 shares during the period. Red Mountain Financial LLC grew its stake in shares of Vistra by 3.1% during the 2nd quarter. Red Mountain Financial LLC now owns 2,435 shares of the company’s stock worth $472,000 after acquiring an additional 74 shares during the period. Parallel Advisors LLC grew its stake in shares of Vistra by 3.1% during the 2nd quarter. Parallel Advisors LLC now owns 2,528 shares of the company’s stock worth $490,000 after acquiring an additional 75 shares during the period. Finally, Global Financial Private Client LLC grew its stake in shares of Vistra by 4.7% during the 2nd quarter. Global Financial Private Client LLC now owns 1,695 shares of the company’s stock worth $329,000 after acquiring an additional 76 shares during the period. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

NYSE:VST opened at $189.47 on Friday. The business’s 50-day moving average price is $199.53 and its two-hundred day moving average price is $181.16. Vistra Corp. has a twelve month low of $90.51 and a twelve month high of $219.82. The stock has a market cap of $64.20 billion, a P/E ratio of 30.22, a PEG ratio of 2.83 and a beta of 1.33. The company has a quick ratio of 0.80, a current ratio of 0.90 and a debt-to-equity ratio of 6.58.

Vistra (NYSE:VST) last announced its earnings results on Thursday, August 7th. The company reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.63 by ($0.62). Vistra had a return on equity of 108.41% and a net margin of 12.90%.The company had revenue of $4.25 billion during the quarter, compared to analysts’ expectations of $5.15 billion. As a group, equities analysts predict that Vistra Corp. will post 7 EPS for the current fiscal year.

Analysts Set New Price Targets

VST has been the subject of a number of recent research reports. Melius initiated coverage on shares of Vistra in a research note on Wednesday, August 20th. They issued a “buy” rating and a $295.00 price objective for the company. JPMorgan Chase & Co. lifted their price objective on shares of Vistra from $227.00 to $248.00 and gave the company an “overweight” rating in a research note on Wednesday, September 24th. Daiwa America upgraded shares of Vistra from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 17th. Weiss Ratings restated a “buy (b-)” rating on shares of Vistra in a research report on Thursday. Finally, TD Cowen initiated coverage on shares of Vistra in a report on Thursday, October 16th. They issued a “buy” rating and a $250.00 price target on the stock. Four investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $229.93.

Insider Transactions at Vistra

In related news, CEO James A. Burke sold 43,074 shares of the company’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $208.75, for a total value of $8,991,697.50. Following the completion of the transaction, the chief executive officer directly owned 217,025 shares in the company, valued at approximately $45,303,968.75. The trade was a 16.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 714,269 shares of company stock valued at $146,232,604 in the last ninety days. 1.42% of the stock is currently owned by insiders.

Vistra Company Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.