Vistra Corp. $VST Shares Sold by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC trimmed its position in shares of Vistra Corp. (NYSE:VST) by 13.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,055 shares of the company’s stock after selling 648 shares during the quarter. Impact Partnership Wealth LLC’s holdings in Vistra were worth $786,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in VST. Banque Transatlantique SA raised its position in shares of Vistra by 132.0% in the first quarter. Banque Transatlantique SA now owns 232 shares of the company’s stock worth $25,000 after acquiring an additional 132 shares during the period. HM Payson & Co. lifted its position in shares of Vistra by 275.4% during the 1st quarter. HM Payson & Co. now owns 229 shares of the company’s stock valued at $27,000 after buying an additional 168 shares in the last quarter. City State Bank grew its stake in Vistra by 210.0% in the 2nd quarter. City State Bank now owns 155 shares of the company’s stock valued at $30,000 after acquiring an additional 105 shares during the period. Keener Financial Planning LLC acquired a new stake in Vistra in the 1st quarter valued at $34,000. Finally, WPG Advisers LLC acquired a new stake in Vistra in the 1st quarter valued at $37,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Stock Up 4.8%

Shares of NYSE:VST opened at $199.69 on Thursday. The stock has a market cap of $67.66 billion, a P/E ratio of 31.85, a P/E/G ratio of 2.71 and a beta of 1.33. The firm has a fifty day moving average price of $199.55 and a 200 day moving average price of $181.10. The company has a debt-to-equity ratio of 6.58, a current ratio of 0.90 and a quick ratio of 0.80. Vistra Corp. has a 1-year low of $90.51 and a 1-year high of $219.82.

Vistra (NYSE:VST) last released its earnings results on Thursday, August 7th. The company reported $1.01 EPS for the quarter, missing the consensus estimate of $1.63 by ($0.62). Vistra had a return on equity of 108.41% and a net margin of 12.90%.The firm had revenue of $4.25 billion during the quarter, compared to analyst estimates of $5.15 billion. Sell-side analysts predict that Vistra Corp. will post 7 EPS for the current year.

Insiders Place Their Bets

In other Vistra news, CEO James A. Burke sold 43,074 shares of the firm’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $208.75, for a total transaction of $8,991,697.50. Following the completion of the transaction, the chief executive officer directly owned 217,025 shares in the company, valued at approximately $45,303,968.75. This trade represents a 16.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last ninety days, insiders have sold 714,269 shares of company stock worth $146,232,604. Company insiders own 1.42% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on VST shares. Daiwa America raised shares of Vistra from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 17th. Daiwa Capital Markets raised shares of Vistra from a “neutral” rating to a “buy” rating and set a $250.00 price objective on the stock in a research report on Wednesday, September 17th. BMO Capital Markets increased their price objective on shares of Vistra from $229.00 to $236.00 and gave the company an “outperform” rating in a research report on Friday, October 3rd. Melius started coverage on shares of Vistra in a research report on Wednesday, August 20th. They issued a “buy” rating and a $295.00 price objective on the stock. Finally, Wells Fargo & Company started coverage on shares of Vistra in a research report on Monday. They issued an “overweight” rating and a $238.00 target price on the stock. Four research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $229.93.

Vistra Company Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.