Vistra Corp. $VST is Colrain Capital LLC’s 2nd Largest Position

Colrain Capital LLC trimmed its position in shares of Vistra Corp. (NYSE:VST) by 15.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 84,515 shares of the company’s stock after selling 15,935 shares during the quarter. Vistra accounts for approximately 9.4% of Colrain Capital LLC’s portfolio, making the stock its 2nd largest holding. Colrain Capital LLC’s holdings in Vistra were worth $16,558,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in VST. Salomon & Ludwin LLC bought a new position in shares of Vistra during the 3rd quarter worth approximately $25,000. Quent Capital LLC purchased a new position in Vistra in the third quarter worth $25,000. Archer Investment Corp grew its stake in Vistra by 2,700.0% in the 3rd 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 bought a new stake in shares of Vistra during the 2nd quarter worth $28,000. Finally, Anfield Capital Management LLC bought a new position in Vistra during the second quarter valued at about $29,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in 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 for the company in a research report on Tuesday, December 16th. Jefferies Financial Group raised Vistra from a “hold” rating to a “buy” rating and raised their target price for the stock from $191.00 to $203.00 in a research report on Tuesday, February 10th. UBS Group increased their price target on Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective for the company in a report on Friday, February 6th. Finally, Scotiabank upped their price objective on shares of Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Three investment 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 stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $237.53.

Insider Transactions at Vistra

In other Vistra news, EVP Stephanie Zapata Moore sold 8,219 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was 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 $13,842,690.90. This represents a 9.33% decrease in their ownership of the stock. 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 the stock in a transaction that occurred on Thursday, December 11th. The shares were 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 in the company, valued at $48,290,575.90. The trade was a 6.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.42% of the stock is currently owned by corporate insiders.

Vistra Stock Up 5.1%

Shares of NYSE:VST opened at $171.43 on Tuesday. The firm has a market capitalization of $58.08 billion, a PE ratio of 61.89, a price-to-earnings-growth ratio of 1.03 and a beta of 1.41. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.88 and a current ratio of 0.99. Vistra Corp. has a 52-week low of $90.51 and a 52-week high of $219.82. The firm has a fifty day moving average of $162.53 and a 200 day moving average of $182.63.

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.