Callan Family Office LLC Lowers Stake in Vistra Corp. $VST

Callan Family Office LLC reduced its position in Vistra Corp. (NYSE:VST) by 16.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 37,419 shares of the company’s stock after selling 7,174 shares during the period. Callan Family Office LLC’s holdings in Vistra were worth $7,331,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. State Street Corp increased its stake in shares of Vistra by 1.4% during the 2nd quarter. State Street Corp now owns 16,660,027 shares of the company’s stock valued at $3,228,880,000 after acquiring an additional 226,514 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Vistra by 15.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 7,106,465 shares of the company’s stock valued at $1,392,299,000 after purchasing an additional 930,912 shares during the last quarter. Lone Pine Capital LLC increased its holdings in shares of Vistra by 40.5% during the 2nd quarter. Lone Pine Capital LLC now owns 6,469,719 shares of the company’s stock worth $1,253,896,000 after buying an additional 1,864,931 shares during the last quarter. Norges Bank purchased a new position in shares of Vistra in the 2nd quarter worth $930,080,000. Finally, Invesco Ltd. increased its stake in Vistra by 25.2% during the second quarter. Invesco Ltd. now owns 4,537,384 shares of the company’s stock worth $879,390,000 after acquiring an additional 913,350 shares during the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on VST. Wells Fargo & Company dropped their target price on shares of Vistra from $238.00 to $236.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. KeyCorp assumed coverage on shares of Vistra in a research report on Monday, November 24th. They set an “overweight” rating and a $217.00 price target for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a research report on Monday, December 29th. UBS Group upped their target price on Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Finally, BMO Capital Markets boosted their price target on Vistra from $230.00 to $244.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Three investment 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 company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $239.20.

Vistra Stock Down 2.5%

Shares of NYSE:VST opened at $154.39 on Tuesday. Vistra Corp. has a 12-month low of $90.51 and a 12-month high of $219.82. 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 firm has a market cap of $52.31 billion, a PE ratio of 55.74, a price-to-earnings-growth ratio of 0.96 and a beta of 1.41. The company has a fifty day simple moving average of $165.81 and a 200 day simple moving average of $185.46.

Vistra (NYSE:VST) last issued 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%. On average, equities research analysts anticipate that Vistra Corp. will post 7 EPS for the current fiscal year.

Insider Transactions at Vistra

In related news, CEO James A. Burke sold 22,251 shares of the company’s stock in a transaction that occurred 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 sale, the chief executive officer directly owned 297,998 shares of the company’s stock, valued at approximately $48,290,575.90. This represents a 6.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Stephanie Zapata Moore sold 8,219 shares of the business’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 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 166,680 shares of company stock valued at $28,761,790 over the last 90 days. Insiders own 1.42% of the company’s stock.

Vistra 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.