CenterBook Partners LP Buys Shares of 20,709 Vistra Corp. $VST

CenterBook Partners LP acquired a new position in shares of Vistra Corp. (NYSE:VST) during the 3rd quarter, HoldingsChannel reports. The firm acquired 20,709 shares of the company’s stock, valued at approximately $4,057,000.

Several other institutional investors also recently made changes to their positions in the stock. Norges Bank acquired a new position in Vistra in the second quarter worth approximately $930,080,000. Alkeon Capital Management LLC increased its stake in shares of Vistra by 280.6% during the 2nd quarter. Alkeon Capital Management LLC now owns 1,356,357 shares of the company’s stock worth $262,876,000 after purchasing an additional 1,000,000 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Vistra by 15.1% during 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 in the last quarter. Invesco Ltd. lifted its stake in shares of Vistra by 25.2% in the 2nd quarter. Invesco Ltd. now owns 4,537,384 shares of the company’s stock valued at $879,390,000 after purchasing an additional 913,350 shares during the last quarter. Finally, Palidye Holdings Caymans Ltd bought a new stake in Vistra in the second quarter worth $145,987,000. 90.88% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Evercore raised their price objective on Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. The Goldman Sachs Group upgraded shares of Vistra from a “neutral” rating to a “buy” rating and set a $205.00 target price on the stock in a research note on Friday, February 6th. Scotiabank lifted their target price on shares of Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Morgan Stanley set a $227.00 price objective on Vistra in a research report on Wednesday, January 21st. Finally, 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 report on Tuesday, January 20th. Three investment 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, the company currently has an average rating of “Buy” and an average target price of $237.53.

Vistra Trading Down 1.8%

VST opened at $170.54 on Thursday. Vistra Corp. has a 1-year low of $90.51 and a 1-year high of $219.82. The stock has a market capitalization of $57.78 billion, a PE ratio of 61.57, a PEG ratio of 1.05 and a beta of 1.40. 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 50-day moving average price of $162.80 and a two-hundred day moving average price of $182.30.

Insider Activity at Vistra

In related news, CEO James A. Burke sold 22,251 shares of the 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 sale, the chief executive officer directly owned 297,998 shares in the company, valued at $48,290,575.90. This trade represents a 6.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Stephanie Zapata Moore sold 8,219 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $173.35, for a total value of $1,424,763.65. Following the sale, the executive vice president directly owned 79,854 shares in the company, valued at approximately $13,842,690.90. This represents a 9.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.42% of the stock is owned by insiders.

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.