Vistra Corp. $VST Shares Purchased by Penserra Capital Management LLC

Penserra Capital Management LLC boosted its position in shares of Vistra Corp. (NYSE:VST) by 76,530.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 22,989 shares of the company’s stock after acquiring an additional 22,959 shares during the period. Penserra Capital Management LLC’s holdings in Vistra were worth $4,503,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VST. Salomon & Ludwin LLC acquired a new stake in shares of Vistra during the 3rd quarter valued at about $25,000. Quent Capital LLC purchased a new position in Vistra during the third quarter worth approximately $25,000. Archer Investment Corp grew its holdings in Vistra by 2,700.0% in the third quarter. Archer Investment Corp now owns 140 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Vistra in the second quarter valued at approximately $28,000. Finally, Anfield Capital Management LLC purchased a new stake in shares of Vistra in the second quarter valued at approximately $29,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling

In other Vistra news, EVP Carrie Lee Kirby sold 58,275 shares of the company’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $174.75, for a total value of $10,183,556.25. Following the completion of the sale, the executive vice president directly owned 218,239 shares in the company, valued at $38,137,265.25. This represents a 21.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO James A. Burke sold 22,251 shares of Vistra 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 owned 297,998 shares in the company, valued at approximately $48,290,575.90. This represents a 6.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 166,680 shares of company stock worth $28,761,790 in the last three months. Company insiders own 1.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on VST. Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a research note on Monday, December 29th. UBS Group increased their price objective on shares of Vistra from $230.00 to $233.00 and gave the company a “buy” rating in a report on Monday, January 12th. JPMorgan Chase & Co. dropped their target price on shares of Vistra from $249.00 to $233.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 16th. Bank of America reduced their price target on shares of Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a research report on Monday, January 12th. Finally, KeyCorp assumed coverage on Vistra in a report on Monday, November 24th. They issued an “overweight” rating and a $217.00 price objective on the stock. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $239.20.

Vistra Stock Performance

VST opened at $142.90 on Friday. The firm has a market capitalization of $48.42 billion, a PE ratio of 51.59, a PEG ratio of 0.86 and a beta of 1.40. Vistra Corp. has a twelve month low of $90.51 and a twelve month high of $219.82. The firm’s 50-day moving average price is $164.08 and its 200 day moving average price is $184.59. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74.

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 business had revenue of $4.97 billion during the quarter, compared to analyst estimates of $6.60 billion. Vistra had a net margin of 6.70% and a return on equity of 64.04%. As a group, sell-side analysts expect that Vistra Corp. will post 7 EPS for the current fiscal year.

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.