Advisors Asset Management Inc. Purchases 3,547 Shares of Vistra Corp. $VST

Advisors Asset Management Inc. grew its position in shares of Vistra Corp. (NYSE:VST) by 12.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,127 shares of the company’s stock after buying an additional 3,547 shares during the quarter. Advisors Asset Management Inc.’s holdings in Vistra were worth $6,294,000 as of its most recent filing with the Securities & Exchange Commission.

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

Insiders Place Their Bets

In related news, CEO James A. Burke sold 22,251 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $162.05, for a total value of $3,605,774.55. Following the completion of the transaction, the chief executive officer directly owned 297,998 shares of the company’s stock, valued at approximately $48,290,575.90. This trade represents a 6.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Stephanie Zapata Moore sold 8,219 shares of the stock in a transaction on Monday, November 24th. The shares were sold at an average price of $173.35, for a total transaction of $1,424,763.65. Following the transaction, the executive vice president owned 79,854 shares of the company’s stock, valued at $13,842,690.90. This trade represents a 9.33% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.42% of the company’s stock.

Vistra Stock Performance

NYSE VST opened at $163.02 on Friday. The company has a debt-to-equity ratio of 5.74, a current ratio of 0.99 and a quick ratio of 0.88. Vistra Corp. has a 1-year low of $90.51 and a 1-year high of $219.82. The business has a 50 day simple moving average of $162.34 and a two-hundred day simple moving average of $183.34. The stock has a market capitalization of $55.24 billion, a PE ratio of 58.85, a P/E/G ratio of 0.96 and a beta of 1.40.

Wall Street Analyst Weigh In

Several research firms have issued reports on VST. Scotiabank boosted their price target on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a report on Monday, January 12th. KeyCorp started coverage on Vistra in a research note on Monday, November 24th. They set an “overweight” rating and a $217.00 price objective for the company. Jefferies Financial Group raised shares of Vistra from a “hold” rating to a “buy” rating and increased their target price for the stock from $191.00 to $203.00 in a report on Tuesday. TD Cowen assumed 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. Finally, Evercore upped their price target on shares of Vistra from $237.00 to $243.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Vistra currently has a consensus rating of “Buy” and an average target price of $237.53.

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.