Vistra (NYSE:VST) Shares Up 1.1% – Here’s What Happened

by · The Cerbat Gem

Vistra Corp. (NYSE:VSTGet Free Report) shares were up 1.1% during trading on Tuesday . The stock traded as high as $176.65 and last traded at $173.40. Approximately 4,636,345 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 6,451,536 shares. The stock had previously closed at $171.49.

Analyst Ratings Changes

A number of brokerages have recently issued reports on VST. Scotiabank increased their target price on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. JPMorgan Chase & Co. reduced their price objective on shares of Vistra from $249.00 to $233.00 and set an “overweight” rating for the company in a research report on Tuesday, December 16th. Evercore increased their price objective on shares of Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a report on Friday, November 7th. KeyCorp initiated coverage on shares of Vistra in a research note on Monday, November 24th. They set an “overweight” rating and a $217.00 target price for the company. Finally, UBS Group upped their price target 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. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $237.53.

Get Our Latest Stock Report on Vistra

Vistra Price Performance

The firm has a market capitalization of $58.75 billion, a PE ratio of 39.33, a price-to-earnings-growth ratio of 1.03 and a beta of 1.40. The stock’s 50 day simple moving average is $162.53 and its two-hundred day simple moving average is $182.63. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.88 and a current ratio of 0.99.

Insider Buying and Selling

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

Institutional Investors Weigh In On Vistra

Hedge funds and other institutional investors have recently bought and sold shares of the company. ELCO Management Co. LLC acquired a new position in shares of Vistra during the second quarter worth about $499,000. FUKOKU MUTUAL LIFE INSURANCE Co acquired a new position in Vistra during the 2nd quarter worth approximately $292,000. Fisher Funds Management LTD purchased a new stake in shares of Vistra in the 3rd quarter valued at approximately $1,241,000. Envestnet Asset Management Inc. lifted its position in shares of Vistra by 49.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 371,497 shares of the company’s stock worth $72,784,000 after purchasing an additional 122,545 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Vistra by 1.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 2,099,120 shares of the company’s stock worth $406,830,000 after purchasing an additional 35,444 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra Company Profile

(Get Free Report)

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.

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