Rhumbline Advisers Sells 30,030 Shares of Vistra Corp. $VST

Rhumbline Advisers decreased its holdings in shares of Vistra Corp. (NYSE:VST) by 4.7% during the third quarter, according to its most recent filing with the SEC. The firm owned 609,037 shares of the company’s stock after selling 30,030 shares during the period. Rhumbline Advisers’ holdings in Vistra were worth $119,322,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. ELCO Management Co. LLC purchased a new position in shares of Vistra in the second quarter valued at approximately $499,000. FUKOKU MUTUAL LIFE INSURANCE Co acquired a new stake in Vistra during the second quarter worth approximately $292,000. Fisher Funds Management LTD acquired a new position in shares of Vistra in the 3rd quarter valued at $1,241,000. Charles Schwab Investment Management Inc. lifted its position in Vistra by 1.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 2,099,120 shares of the company’s stock valued at $406,830,000 after acquiring an additional 35,444 shares during the last quarter. Finally, National Pension Service boosted its stake in Vistra by 6.3% in the third quarter. National Pension Service now owns 1,195,793 shares of the company’s stock valued at $234,280,000 after acquiring an additional 70,693 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insiders Place Their Bets

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 transaction, the executive vice president directly owned 79,854 shares of the company’s stock, valued at $13,842,690.90. This represents a 9.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Carrie Lee Kirby sold 58,275 shares of the firm’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $174.75, for a total transaction of $10,183,556.25. Following the transaction, 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 disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 144,745 shares of company stock worth $24,670,254. Company insiders own 1.42% of the company’s stock.

Vistra Stock Performance

Vistra stock opened at $160.26 on Thursday. The stock’s 50 day moving average price is $162.59 and its 200 day moving average price is $183.48. Vistra Corp. has a one year low of $90.51 and a one year high of $219.82. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.88 and a current ratio of 0.99. The firm has a market capitalization 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.

Wall Street Analyst Weigh In

VST has been the subject of several analyst reports. Evercore upped their price objective on Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Jefferies Financial Group raised Vistra from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $191.00 to $203.00 in a report on Tuesday. KeyCorp began coverage on shares of Vistra in a research report on Monday, November 24th. They set an “overweight” rating and a $217.00 target price for the company. Bank of America lowered their target price on Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a report on Monday, January 12th. Finally, BMO Capital Markets lifted their price target on shares of Vistra from $230.00 to $244.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Three research 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 MarketBeat, Vistra presently has an average rating of “Buy” and an average target price of $237.53.

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.