Vistra Corp. $VST Shares Bought by Cumberland Partners Ltd

Cumberland Partners Ltd grew its holdings in Vistra Corp. (NYSE:VST) by 103.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,525 shares of the company’s stock after acquiring an additional 16,025 shares during the period. Cumberland Partners Ltd’s holdings in Vistra were worth $6,176,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. State Street Corp grew its stake in Vistra by 1.4% during the 2nd quarter. State Street Corp now owns 16,660,027 shares of the company’s stock worth $3,228,880,000 after purchasing an additional 226,514 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Vistra by 15.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 7,106,465 shares of the company’s stock valued at $1,392,299,000 after buying an additional 930,912 shares during the period. Norges Bank acquired a new position in shares of Vistra during the second quarter worth about $930,080,000. Invesco Ltd. increased its stake in shares of Vistra by 25.2% during the second quarter. Invesco Ltd. now owns 4,537,384 shares of the company’s stock worth $879,390,000 after buying an additional 913,350 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in Vistra by 0.7% in the third quarter. Bank of New York Mellon Corp now owns 2,344,142 shares of the company’s stock valued at $459,264,000 after acquiring an additional 16,321 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Vistra

In other Vistra news, EVP Stephanie Zapata Moore sold 8,219 shares of Vistra stock in a transaction on Monday, November 24th. The shares were sold at an average price of $173.35, for a total value of $1,424,763.65. Following the transaction, the executive vice president directly owned 79,854 shares in the company, valued at approximately $13,842,690.90. The trade was a 9.33% 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, CEO James A. Burke sold 22,251 shares of the stock in a transaction dated 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 sale, the chief executive officer owned 297,998 shares of the company’s stock, valued at $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. 1.42% of the stock is currently owned by corporate insiders.

Vistra Stock Down 1.8%

Shares of NYSE VST opened at $170.54 on Thursday. The business has a 50-day moving average price of $162.80 and a 200 day moving average price of $182.30. The stock has a market cap of $57.78 billion, a PE ratio of 61.57, a price-to-earnings-growth ratio of 1.05 and a beta of 1.40. 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 Corp. has a 52-week low of $90.51 and a 52-week high of $219.82.

Wall Street Analyst Weigh In

Several research firms have commented on VST. Evercore boosted their price target on shares of Vistra from $237.00 to $243.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. JPMorgan Chase & Co. lowered their target price on shares of Vistra from $249.00 to $233.00 and set an “overweight” rating for the company in a research note on Tuesday, December 16th. KeyCorp started coverage on Vistra in a report on Monday, November 24th. They set an “overweight” rating and a $217.00 price target for the company. Scotiabank increased their price objective on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Finally, BMO Capital Markets upped their price target on Vistra from $230.00 to $244.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Vistra presently has an average rating of “Buy” and an average target price of $237.53.

About Vistra

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.