Vistra Corp. $VST Stock: Segra Capital Management LLC Boosts Position

Segra Capital Management LLC lifted its position in Vistra Corp. (NYSE:VST) by 26.2% in the 3rd quarter, Holdings Channel reports. The fund owned 373,456 shares of the company’s stock after acquiring an additional 77,500 shares during the quarter. Vistra accounts for 4.8% of Segra Capital Management LLC’s holdings, making the stock its 5th biggest holding. Segra Capital Management LLC’s holdings in Vistra were worth $51,668,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in VST. BlackRock Inc. bought a new stake in shares of Vistra during the second quarter valued at approximately $4,610,496,000. State Street Corp raised its holdings in Vistra by 0.5% in the second quarter. State Street Corp now owns 16,850,452 shares of the company’s stock worth $2,672,987,000 after purchasing an additional 79,972 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Vistra by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 3,436,880 shares of the company’s stock worth $516,616,000 after purchasing an additional 32,982 shares in the last quarter. Bank of America Corp DE bought a new position in Vistra in the second quarter worth $468,354,000. Finally, Bank of New York Mellon Corp bought a new position in Vistra in the second quarter worth $381,938,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on VST. Morgan Stanley lowered their price objective on Vistra from $227.00 to $226.00 and set an “overweight” rating for the company in a research report on Wednesday, October 21st. The Goldman Sachs Group set a $206.00 target price on shares of Vistra in a research report on Wednesday, August 12th. Weiss Ratings lowered shares of Vistra from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, August 13th. BMO Capital Markets lowered their price target on shares of Vistra from $231.00 to $210.00 and set an “outperform” rating for the company in a research report on Monday, October 5th. Finally, Siebert Williams Shank started coverage on shares of Vistra in a research report on Friday, October 2nd. They set a “buy” rating and a $202.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Vistra currently has an average rating of “Moderate Buy” and a consensus target price of $202.43.

Vistra Stock Down 2.8%

VST stock opened at $142.61 on Thursday. The business has a 50 day moving average of $145.13 and a 200 day moving average of $154.01. The firm has a market cap of $47.86 billion, a PE ratio of 24.09 and a beta of 1.38. Vistra Corp. has a twelve month low of $132.66 and a twelve month high of $200.73. The company has a quick ratio of 0.87, a current ratio of 0.97 and a debt-to-equity ratio of 5.87.

Vistra (NYSE:VST) last released its earnings results on Friday, August 7th. The company reported $0.76 EPS for the quarter, missing the consensus estimate of $1.61 by ($0.85). Vistra had a return on equity of 108.68% and a net margin of 11.55%. The company had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $5.46 billion. On average, research analysts forecast that Vistra Corp. will post 9.13 EPS for the current fiscal year.

Insider Buying and Selling at Vistra

In other news, EVP Scott Hudson sold 44,444 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $151.82, for a total transaction of $6,747,488.08. Following the completion of the transaction, the executive vice president directly owned 331,137 shares in the company, valued at $50,273,219.34. This trade represents a 11.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO James A. Burke purchased 4,465 shares of the stock in a transaction dated Tuesday, September 1st. The stock was bought at an average cost of $135.25 per share, with a total value of $603,891.25. Following the transaction, the chief executive officer owned 1,146,352 shares in the company, valued at $155,044,108. The trade was a 0.39% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.92% of the stock is owned by company insiders.

More Vistra News

Here are the key news stories impacting Vistra this week:

• Positive Sentiment: Bank of America Securities reaffirmed its Buy rating on Vistra, providing continued support for the bullish long-term view of the company. Bank of America Securities Reaffirms Their Buy Rating on Vistra Corp
• Positive Sentiment: Wells Fargo lowered its price target to $198 from $212 but maintained an Overweight rating. The revised target still indicates substantial potential upside from recent trading levels, although the reduction reflects more cautious valuation expectations. Wells Fargo Vistra recommendations
• Neutral Sentiment: Coverage ahead of Vistra’s quarterly earnings is focusing investor attention on upcoming results and management commentary, which could clarify the company’s earnings outlook and power-market exposure. Vistra’s quarterly earnings preview
• Neutral Sentiment: A Trefis analysis examines whether Vistra’s business and valuation are positioned to generate attractive shareholder returns, but the headline does not provide a specific new catalyst or recommendation. Is Vistra Stock Engineered To Make You Money?
• Negative Sentiment: Scotiabank cut its Vistra price target to $189 from $207, adding to valuation concerns even though the revised target remains above the recent share price. Scotiabank Adjusts Price Target on Vistra
• Negative Sentiment: Vistra underperformed as the broader market improved, with market reports attributing the move to stock-specific weakness rather than a broad market selloff. Vistra stock underperforms Wednesday

Vistra Profile

Vistra Corp. (NYSE: VST) is an integrated energy company based in Irving, Texas. The company operates across electricity generation, power distribution support, energy marketing and retail electricity sales, serving residential, commercial and industrial customers primarily in the United States.

Vistra owns and operates a diverse portfolio of power generation and energy storage facilities. Its assets include natural gas, nuclear, coal and renewable generation, as well as battery storage projects.