Independent Advisor Alliance Sells 51,135 Shares of Vistra Corp. $VST

Independent Advisor Alliance trimmed its position in shares of Vistra Corp. (NYSE:VST) by 72.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,398 shares of the company’s stock after selling 51,135 shares during the period. Independent Advisor Alliance’s holdings in Vistra were worth $3,801,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in VST. Empowered Funds LLC lifted its holdings in Vistra by 24.1% during the 1st quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock worth $2,371,000 after purchasing an additional 3,920 shares during the last quarter. Woodline Partners LP raised its holdings in shares of Vistra by 40.7% during the 1st quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock worth $3,376,000 after buying an additional 8,312 shares in the last quarter. Focus Partners Wealth lifted its holdings in shares of Vistra by 37.3% in the first quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock worth $920,000 after acquiring an additional 2,125 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Vistra in the 2nd quarter valued at approximately $269,000. Finally, Truist Financial Corp lifted its stake in shares of Vistra by 13.5% in the 2nd quarter. Truist Financial Corp now owns 24,003 shares of the company’s stock valued at $4,652,000 after acquiring an additional 2,853 shares during the last quarter. Institutional investors own 90.88% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. TD Cowen began coverage on Vistra in a report on Thursday, October 16th. They set a “buy” rating and a $250.00 price target on the stock. Bank of America dropped their price target on shares of Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a research note on Monday, January 12th. Morgan Stanley set a $227.00 price objective on shares of Vistra in a research note on Wednesday, January 21st. Evercore ISI raised their target price on Vistra from $237.00 to $243.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Finally, Wells Fargo & Company reduced their price target on Vistra from $238.00 to $236.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 20th. Three investment 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $239.20.

Insider Activity at Vistra

In related news, EVP Scott A. Hudson sold 56,000 shares of Vistra stock in a transaction dated 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 owned 306,600 shares of the company’s stock, valued at approximately $51,772,476. This trade represents a 15.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO James A. Burke sold 22,251 shares of the business’s 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 completion of the sale, the chief executive officer directly owned 297,998 shares in the company, valued at approximately $48,290,575.90. This trade represents a 6.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 166,680 shares of company stock worth $28,761,790. 1.42% of the stock is currently owned by corporate insiders.

Vistra Stock Down 2.7%

Shares of NYSE:VST opened at $158.12 on Monday. The firm has a market cap of $53.58 billion, a P/E ratio of 57.08, a PEG ratio of 0.96 and a beta of 1.41. Vistra Corp. has a 52-week low of $90.51 and a 52-week high of $219.82. The business’s 50 day simple moving average is $166.22 and its two-hundred day simple moving average is $185.66. 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 (NYSE:VST) last released its quarterly earnings results on Friday, November 7th. The company reported $1.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). The company had revenue of $4.97 billion for 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, research analysts forecast that Vistra Corp. will post 7 EPS for the current fiscal year.

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.