Mitchell Capital Management Co. Cuts Stock Position in Vistra Corp. $VST

Mitchell Capital Management Co. decreased its holdings in shares of Vistra Corp. (NYSE:VST) by 38.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,415 shares of the company’s stock after selling 16,420 shares during the period. Mitchell Capital Management Co.’s holdings in Vistra were worth $5,175,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently added to or reduced their stakes in the stock. Ballentine Partners LLC grew its stake in shares of Vistra by 2.0% in the 3rd quarter. Ballentine Partners LLC now owns 3,275 shares of the company’s stock valued at $642,000 after buying an additional 63 shares during the period. Wealth Effects LLC lifted its holdings in Vistra by 1.1% in the third quarter. Wealth Effects LLC now owns 5,782 shares of the company’s stock valued at $1,133,000 after acquiring an additional 65 shares during the last quarter. Guardian Asset Advisors LLC grew its position in Vistra by 3.0% in the third quarter. Guardian Asset Advisors LLC now owns 2,281 shares of the company’s stock worth $447,000 after acquiring an additional 66 shares during the period. Bridgewater Advisors Inc. increased its stake in Vistra by 4.0% during the second quarter. Bridgewater Advisors Inc. now owns 1,734 shares of the company’s stock worth $333,000 after acquiring an additional 67 shares during the last quarter. Finally, Verdence Capital Advisors LLC raised its position in Vistra by 2.2% in the second quarter. Verdence Capital Advisors LLC now owns 3,256 shares of the company’s stock valued at $631,000 after purchasing an additional 71 shares during the period. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VST has been the subject of a number of research analyst reports. BMO Capital Markets increased their price target on Vistra from $230.00 to $244.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Scotiabank increased their target price on shares of Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Evercore boosted their price target on shares of Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. The Goldman Sachs Group upgraded shares of Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective on the stock in a report on Friday, February 6th. Finally, Bank of America dropped their target price on shares of Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a report on Monday, January 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Vistra presently has a consensus rating of “Buy” and an average price target of $237.53.

Vistra Trading Up 0.4%

NYSE:VST opened at $160.26 on Thursday. Vistra Corp. has a 12-month low of $90.51 and a 12-month high of $219.82. The firm has a market cap of $54.30 billion, a PE ratio of 57.85, a price-to-earnings-growth ratio of 0.96 and a beta of 1.40. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74. The stock has a fifty day moving average price of $162.59 and a 200 day moving average price of $183.48.

Insider Buying and Selling

In other Vistra news, EVP Carrie Lee Kirby sold 58,275 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $174.75, for a total transaction of $10,183,556.25. Following the completion of the transaction, the executive vice president owned 218,239 shares in the company, valued at $38,137,265.25. The trade was a 21.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Scott A. Hudson sold 56,000 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $168.86, for a total value of $9,456,160.00. Following the completion of the transaction, the executive vice president directly owned 306,600 shares in the company, valued at $51,772,476. This trade represents a 15.44% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 144,745 shares of company stock valued at $24,670,254. Corporate insiders own 1.42% of the company’s stock.

Vistra Company 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.