Vistra Corp. (NYSE:VST – Get Free Report) crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $145.08 and traded as high as $147.45. Vistra shares last traded at $146.7120, with a volume of 3,922,193 shares traded.
Wall Street Analysts Forecast Growth
Several research firms have commented on VST. Weiss Ratings cut shares of Vistra from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, August 13th. Mizuho assumed coverage on Vistra in a report on Monday, August 24th. They issued an “outperform” rating and a $169.00 price target for the company. Scotiabank increased their price target on Vistra from $293.00 to $298.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. The Goldman Sachs Group set a $206.00 price objective on Vistra in a report on Wednesday, August 12th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $212.00 price objective on shares of Vistra in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $209.24.
View Our Latest Stock Report on Vistra
Vistra Stock Performance
The stock has a 50-day simple moving average of $145.08 and a 200-day simple moving average of $154.05.
Vistra (NYSE:VST – Get Free Report) last released its quarterly earnings data on Friday, August 7th. The company reported $0.76 EPS for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.85). The firm had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $5.46 billion. As a group, equities research analysts forecast that Vistra Corp. will post 9.13 EPS for the current year.
Insider Transactions at Vistra
In other news, EVP Scott A. Hudson sold 22,222 shares of the stock in a transaction on Tuesday, October 6th. The shares were sold at an average price of $160.14, for a total value of $3,558,631.08. Following the completion of the sale, the executive vice president owned 308,915 shares of the company’s stock, valued at $49,469,648.10. This represents a 6.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO James Burke bought 4,465 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was acquired at an average cost of $135.25 per share, for a total transaction of $603,891.25. Following the purchase, the chief executive officer owned 1,146,352 shares in the company, valued at approximately $155,044,108. This trade represents a 0.39% increase in their position. The SEC filing for this purchase provides additional information. 0.92% of the stock is currently owned by insiders.
Institutional Trading of Vistra
A number of institutional investors have recently added to or reduced their stakes in the business. Segra Capital Management LLC increased its holdings in Vistra by 26.2% in the 3rd quarter. Segra Capital Management LLC now owns 373,456 shares of the company’s stock valued at $51,668,000 after purchasing an additional 77,500 shares in the last quarter. Pinnacle Wealth Planning Services Inc. raised its position in Vistra by 29.4% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 748 shares of the company’s stock valued at $103,000 after purchasing an additional 170 shares during the period. North Dakota State Investment Board lifted its stake in shares of Vistra by 2.4% during the third quarter. North Dakota State Investment Board now owns 10,303 shares of the company’s stock worth $1,425,000 after purchasing an additional 243 shares in the last quarter. VestGen Advisors LLC lifted its stake in shares of Vistra by 12.6% during the third quarter. VestGen Advisors LLC now owns 18,424 shares of the company’s stock worth $2,549,000 after purchasing an additional 2,066 shares in the last quarter. Finally, Graham Capital Wealth Management LLC acquired a new position in shares of Vistra during the third quarter worth about $3,529,000. 90.88% of the stock is owned by hedge funds and other institutional investors.
Vistra Company Profile
Vistra Corp. (NYSE: VST) is an integrated energy company based in Irving, Texas. The company operates across electricity generation, power distribution support, energy marketing and retail electricity sales, serving residential, commercial and industrial customers primarily in the United States.
Vistra owns and operates a diverse portfolio of power generation and energy storage facilities. Its assets include natural gas, nuclear, coal and renewable generation, as well as battery storage projects.
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