Vistra Corp. $VST Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp boosted its stake in Vistra Corp. (NYSE:VST) by 40.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,159 shares of the company’s stock after buying an additional 8,174 shares during the period. Jones Financial Companies Lllp’s holdings in Vistra were worth $5,834,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Salomon & Ludwin LLC acquired a new stake in Vistra in the 3rd quarter valued at approximately $25,000. Quent Capital LLC purchased a new position in shares of Vistra during the third quarter worth $25,000. Archer Investment Corp grew its stake in shares of 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 buying an additional 135 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Vistra in the 2nd quarter valued at $28,000. Finally, Anfield Capital Management LLC acquired a new position in Vistra during the 2nd quarter worth about $29,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insider Transactions at Vistra

In other news, EVP Scott A. Hudson sold 56,000 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $168.86, for a total value of $9,456,160.00. Following the completion of the sale, the executive vice president directly owned 306,600 shares of the company’s stock, valued at approximately $51,772,476. This represents a 15.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Carrie Lee Kirby sold 58,275 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $174.75, for a total transaction of $10,183,556.25. Following the transaction, the executive vice president owned 218,239 shares in the company, valued at approximately $38,137,265.25. This trade represents a 21.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 166,680 shares of company stock worth $28,761,790 over the last three months. 1.42% of the stock is currently owned by company insiders.

Vistra Stock Performance

Shares of Vistra stock opened at $142.90 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 5.74. Vistra Corp. has a 52 week low of $90.51 and a 52 week high of $219.82. The firm’s 50 day moving average is $164.08 and its two-hundred day moving average is $184.59. The firm has a market capitalization of $48.42 billion, a P/E ratio of 51.59, a P/E/G ratio of 0.86 and a beta of 1.40.

Vistra (NYSE:VST) last issued its earnings results on Friday, November 7th. The company reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.03). Vistra had a net margin of 6.70% and a return on equity of 64.04%. The company had revenue of $4.97 billion during the quarter, compared to analyst estimates of $6.60 billion. Research analysts forecast that Vistra Corp. will post 7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on VST. Bank of America cut their price target on shares of Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. TD Cowen started coverage on shares of Vistra in a research note on Thursday, October 16th. They set a “buy” rating and a $250.00 target price on the stock. JPMorgan Chase & Co. reduced their target price on shares of Vistra from $249.00 to $233.00 and set an “overweight” rating on the stock in a report on Tuesday, December 16th. Evercore ISI boosted their price target on shares of Vistra from $237.00 to $243.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Finally, Scotiabank increased their price objective on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $239.20.

Vistra Profile

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.