Cumberland Partners Ltd Increases Stock Holdings in Vistra Corp. $VST

Cumberland Partners Ltd lifted its stake in shares of Vistra Corp. (NYSE:VST) by 103.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 31,525 shares of the company’s stock after buying an additional 16,025 shares during the quarter. Cumberland Partners Ltd’s holdings in Vistra were worth $6,176,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Salomon & Ludwin LLC purchased a new stake in shares of Vistra in the third quarter valued at about $25,000. Quent Capital LLC acquired a new stake in Vistra in the third quarter valued at about $25,000. Archer Investment Corp increased its position in Vistra by 2,700.0% during the 3rd quarter. Archer Investment Corp now owns 140 shares of the company’s stock worth $27,000 after purchasing an additional 135 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in Vistra during the 2nd quarter worth approximately $28,000. Finally, Anfield Capital Management LLC purchased a new position in shares of Vistra during the 2nd quarter worth approximately $29,000. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Stephanie Zapata Moore sold 8,219 shares of the business’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 value of $1,424,763.65. Following the completion of the transaction, the executive vice president owned 79,854 shares of the company’s stock, valued at $13,842,690.90. The trade was a 9.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO James A. Burke sold 22,251 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $162.05, for a total value of $3,605,774.55. Following the transaction, the chief executive officer directly owned 297,998 shares in the company, valued at approximately $48,290,575.90. This represents a 6.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.42% of the company’s stock.

Vistra Price Performance

Vistra stock opened at $170.54 on Thursday. The firm has a market capitalization of $57.78 billion, a PE ratio of 61.57, a P/E/G ratio of 1.05 and a beta of 1.40. Vistra Corp. has a 52 week low of $90.51 and a 52 week high of $219.82. The firm’s 50-day simple moving average is $162.80 and its 200 day simple moving average is $182.30. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 5.74.

Analysts Set New Price Targets

A number of research firms recently weighed in on VST. JPMorgan Chase & Co. decreased their price target on Vistra from $249.00 to $233.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 16th. UBS Group boosted 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 upped their price target on shares of Vistra from $230.00 to $244.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Wells Fargo & Company reduced their price objective on shares of Vistra from $238.00 to $236.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Finally, Scotiabank upped their target price on shares of Vistra from $287.00 to $293.00 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, twelve have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus 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.