ProShare Advisors LLC Cuts Holdings in Vistra Corp. $VST

ProShare Advisors LLC lowered its stake in shares of Vistra Corp. (NYSE:VST) by 8.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 55,334 shares of the company’s stock after selling 4,974 shares during the period. ProShare Advisors LLC’s holdings in Vistra were worth $10,841,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp raised its position in shares of Vistra by 1.4% in the 2nd quarter. State Street Corp now owns 16,660,027 shares of the company’s stock worth $3,228,880,000 after acquiring an additional 226,514 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in Vistra by 15.1% in the third 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. Norges Bank bought a new position in Vistra in the second quarter worth about $930,080,000. Invesco Ltd. lifted its position in shares of Vistra by 25.2% during the second quarter. Invesco Ltd. now owns 4,537,384 shares of the company’s stock valued at $879,390,000 after buying an additional 913,350 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Vistra by 0.7% during the third quarter. Bank of New York Mellon Corp now owns 2,344,142 shares of the company’s stock valued at $459,264,000 after buying an additional 16,321 shares during the last quarter. Institutional investors own 90.88% of the company’s stock.

Insider Transactions at Vistra

In other Vistra news, EVP Scott A. Hudson sold 56,000 shares of Vistra stock in a transaction dated Friday, November 14th. The stock was 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. The trade was a 15.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Stephanie Zapata Moore sold 8,219 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $173.35, for a total value of $1,424,763.65. Following the sale, the executive vice president owned 79,854 shares in the company, valued at approximately $13,842,690.90. The trade was a 9.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 144,745 shares of company stock worth $24,670,254. Insiders own 1.42% of the company’s stock.

Vistra Trading Up 0.4%

NYSE VST opened at $160.26 on Thursday. Vistra Corp. has a 12-month low of $90.51 and a 12-month high of $219.82. The company has a fifty day simple moving average of $162.59 and a two-hundred day simple moving average of $183.48. 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 stock has a market cap of $54.30 billion, a P/E ratio of 57.85, a P/E/G ratio of 0.96 and a beta of 1.40.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on VST shares. Bank of America cut their price objective on shares of Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a research report on Monday, January 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vistra in a report on Monday, December 29th. Evercore upped their price target on Vistra from $237.00 to $243.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. JPMorgan Chase & Co. decreased their price objective on Vistra from $249.00 to $233.00 and set an “overweight” rating for the company in a report on Tuesday, December 16th. Finally, Scotiabank boosted their target price on Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Vistra presently has an average rating of “Buy” and an average price target of $237.53.

About Vistra

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.