Vistra Corp. $VST Shares Acquired by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. raised its position in shares of Vistra Corp. (NYSE:VST) by 50.5% in the third quarter, HoldingsChannel reports. The firm owned 13,119 shares of the company’s stock after acquiring an additional 4,403 shares during the period. J.W. Cole Advisors Inc.’s holdings in Vistra were worth $2,570,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in VST. Salomon & Ludwin LLC bought a new position in Vistra in the 3rd quarter worth approximately $25,000. Quent Capital LLC bought a new position in shares of Vistra in the third quarter worth $25,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Vistra in the second quarter worth $28,000. Archer Investment Corp raised its stake in shares of Vistra by 2,700.0% during the third quarter. Archer Investment Corp now owns 140 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares in the last quarter. Finally, Anfield Capital Management LLC acquired a new stake in Vistra in the second quarter worth about $29,000. Institutional investors own 90.88% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Carrie Lee Kirby sold 58,275 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $174.75, for a total value of $10,183,556.25. Following the completion of the sale, the executive vice president directly owned 218,239 shares of the company’s stock, valued at approximately $38,137,265.25. This represents a 21.07% 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, CEO James A. Burke sold 22,251 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was 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 owned 297,998 shares in the company, valued at $48,290,575.90. This represents a 6.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 166,680 shares of company stock valued at $28,761,790 over the last ninety days. 1.42% of the stock is owned by insiders.

Vistra Trading Up 4.5%

Shares of NYSE VST opened at $149.53 on Friday. The business has a fifty day simple moving average of $163.49 and a 200-day simple moving average of $184.32. The company has a market cap of $50.67 billion, a price-to-earnings ratio of 53.98, a P/E/G ratio of 0.87 and a beta of 1.40. Vistra Corp. has a 12 month low of $90.51 and a 12 month high of $219.82. 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 (NYSE:VST) last released its quarterly earnings data on Friday, November 7th. The company reported $1.75 earnings per share 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. Sell-side analysts predict that Vistra Corp. will post 7 EPS for the current year.

Analyst Ratings Changes

VST has been the topic of several research analyst reports. Evercore raised their target price 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. Bank of America decreased their price objective 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. BMO Capital Markets boosted their target price on Vistra from $230.00 to $244.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Morgan Stanley set a $227.00 price target on Vistra in a research note on Wednesday, January 21st. Finally, Scotiabank lifted their price target on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Vistra currently has an average rating of “Buy” and a consensus target price of $239.33.

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.