BI Asset Management Fondsmaeglerselskab A S Has $15.48 Million Stock Holdings in Vistra Corp. $VST

BI Asset Management Fondsmaeglerselskab A S lowered its holdings in shares of Vistra Corp. (NYSE:VST) by 30.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 79,000 shares of the company’s stock after selling 34,732 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Vistra were worth $15,478,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in VST. Savant Capital LLC grew its position in shares of Vistra by 10.3% during the 3rd quarter. Savant Capital LLC now owns 6,934 shares of the company’s stock worth $1,358,000 after buying an additional 648 shares during the period. Machina Capital S.A.S. grew its holdings in Vistra by 218.5% in the third quarter. Machina Capital S.A.S. now owns 13,022 shares of the company’s stock worth $2,551,000 after purchasing an additional 8,933 shares during the period. J.W. Cole Advisors Inc. increased its stake in Vistra by 50.5% in the third quarter. J.W. Cole Advisors Inc. now owns 13,119 shares of the company’s stock valued at $2,570,000 after purchasing an additional 4,403 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Vistra by 49.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 371,497 shares of the company’s stock worth $72,784,000 after buying an additional 122,545 shares during the period. Finally, Ashton Thomas Private Wealth LLC raised its position in shares of Vistra by 17.6% during the third quarter. Ashton Thomas Private Wealth LLC now owns 7,039 shares of the company’s stock worth $1,379,000 after purchasing an additional 1,052 shares during the period. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Trading Up 0.3%

NYSE:VST opened at $142.90 on Friday. Vistra Corp. has a 52 week low of $90.51 and a 52 week high of $219.82. The firm has a 50-day moving average price of $164.08 and a two-hundred day moving average price of $184.59. 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 cap of $48.42 billion, a price-to-earnings ratio of 51.59, a price-to-earnings-growth ratio of 0.86 and a beta of 1.40.

Vistra (NYSE:VST) last released its earnings results on Friday, November 7th. The company reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.03). The business had revenue of $4.97 billion during the quarter, compared to the consensus estimate of $6.60 billion. Vistra had a net margin of 6.70% and a return on equity of 64.04%. On average, equities analysts expect that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Carrie Lee Kirby sold 58,275 shares of the stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $174.75, for a total transaction of $10,183,556.25. Following the completion of the transaction, the executive vice president owned 218,239 shares in the company, 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 filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO James A. Burke sold 22,251 shares of the firm’s 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. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 166,680 shares of company stock valued at $28,761,790. 1.42% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Scotiabank lifted their price objective on shares of Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Bank of America cut their price target on Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a research note on Monday, January 12th. Morgan Stanley set a $227.00 price objective on Vistra in a report on Wednesday, January 21st. KeyCorp initiated coverage on Vistra in a report on Monday, November 24th. They issued an “overweight” rating and a $217.00 target price on the stock. Finally, Evercore ISI lifted their target price on Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Vistra currently has an average rating of “Buy” and an average target price of $239.20.

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.