Strategy Asset Managers LLC Reduces Holdings in Vistra Corp. $VST

Strategy Asset Managers LLC lessened its holdings in Vistra Corp. (NYSE:VST) by 72.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,179 shares of the company’s stock after selling 5,627 shares during the period. Strategy Asset Managers LLC’s holdings in Vistra were worth $427,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VST. Jones Financial Companies Lllp lifted its stake in Vistra by 40.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 28,159 shares of the company’s stock valued at $5,834,000 after buying an additional 8,174 shares in the last quarter. Chung Wu Investment Group LLC raised its holdings in shares of Vistra by 39.4% in the third quarter. Chung Wu Investment Group LLC now owns 7,565 shares of the company’s stock worth $1,482,000 after acquiring an additional 2,140 shares during the last quarter. Mediolanum International Funds Ltd lifted its position in shares of Vistra by 3.0% in the third quarter. Mediolanum International Funds Ltd now owns 61,241 shares of the company’s stock valued at $12,122,000 after acquiring an additional 1,766 shares in the last quarter. Mutual Advisors LLC boosted its stake in shares of Vistra by 208.5% during the third quarter. Mutual Advisors LLC now owns 13,023 shares of the company’s stock valued at $2,492,000 after acquiring an additional 8,802 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. increased its position in Vistra by 73.0% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 2,866 shares of the company’s stock worth $562,000 after purchasing an additional 1,209 shares in the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Vistra

In related news, EVP Scott A. Hudson sold 56,000 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $168.86, for a total transaction of $9,456,160.00. Following the completion of the sale, the executive vice president owned 306,600 shares of the company’s stock, valued at approximately $51,772,476. This represents a 15.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Stephanie Zapata Moore sold 8,219 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 79,854 shares in the company, valued at $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. Over the last ninety days, insiders have sold 166,680 shares of company stock valued at $28,761,790. Insiders own 1.42% of the company’s stock.

Vistra Stock Performance

Shares of VST stock opened at $154.39 on Tuesday. The firm has a market capitalization of $52.31 billion, a price-to-earnings ratio of 55.74, a price-to-earnings-growth ratio of 0.96 and a beta of 1.41. The company has a 50 day moving average price of $165.81 and a 200 day moving average price of $185.46. Vistra Corp. has a one year low of $90.51 and a one year high of $219.82. 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 (NYSE:VST) last released its quarterly earnings data on Friday, November 7th. The company reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). The firm had revenue of $4.97 billion for the quarter, compared to analyst estimates of $6.60 billion. Vistra had a return on equity of 64.04% and a net margin of 6.70%. Sell-side analysts anticipate that Vistra Corp. will post 7 EPS for the current year.

Analysts Set New Price Targets

VST has been the topic of a number of recent research reports. Evercore ISI upped their target price on shares of Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Bank of America reduced their price objective on shares of Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. UBS Group raised their target price 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. BMO Capital Markets boosted their price target on Vistra from $230.00 to $244.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Finally, KeyCorp assumed coverage on Vistra in a report on Monday, November 24th. They set an “overweight” rating and a $217.00 price objective on the stock. Three 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 stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $239.20.

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.