3,619 Vistra Corp. $VST Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lowered its position in shares of Vistra Corp. (NYSE:VST) by 4.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 82,450 shares of the company’s stock after selling 3,619 shares during the period. Oppenheimer & Co. Inc.’s holdings in Vistra were worth $11,407,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VST. Verdence Capital Advisors LLC boosted its stake in shares of Vistra by 39.5% during the third quarter. Verdence Capital Advisors LLC now owns 4,446 shares of the company’s stock valued at $615,000 after purchasing an additional 1,260 shares in the last quarter. Miller Howard Investments Inc. NY increased its stake in shares of Vistra by 0.9% in the third quarter. Miller Howard Investments Inc. NY now owns 29,164 shares of the company’s stock valued at $4,035,000 after buying an additional 266 shares during the period. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT increased its stake in shares of Vistra by 13.1% in the third quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 224,000 shares of the company’s stock valued at $30,990,000 after buying an additional 26,000 shares during the period. Peterson Wealth Services increased its stake in shares of Vistra by 6.4% in the third quarter. Peterson Wealth Services now owns 23,547 shares of the company’s stock valued at $3,258,000 after buying an additional 1,420 shares during the period. Finally, Capstone Capital Management Ltd acquired a new position in shares of Vistra in the third quarter valued at approximately $450,000. Institutional investors own 90.88% of the company’s stock.

Vistra Stock Up 3.5%

Shares of VST opened at $146.71 on Wednesday. The stock’s 50-day moving average price is $145.08 and its two-hundred day moving average price is $154.05. Vistra Corp. has a 12 month low of $132.66 and a 12 month high of $200.73.

Vistra (NYSE:VST) last issued its quarterly earnings results on Friday, August 7th. The company reported $0.76 earnings per share for the quarter, missing the consensus estimate 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, research analysts anticipate that Vistra Corp. will post 9.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on VST shares. Zacks Research downgraded shares of Vistra from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 14th. BNP Paribas Exane set a $255.00 target price on shares of Vistra in a report on Wednesday, August 19th. BMO Capital Markets decreased their price target on shares of Vistra from $231.00 to $210.00 and set an “outperform” rating for the company in a research report on Monday, October 5th. TD Cowen decreased their price target on shares of Vistra from $222.00 to $221.00 and set a “buy” rating for the company in a research report on Wednesday, August 19th. Finally, Raymond James Financial set a $176.00 price target on shares of Vistra in a research note on Wednesday, October 21st. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Vistra presently has a consensus rating of “Moderate Buy” and an average target price of $209.24.

Insider Buying and Selling

In other news, EVP Scott Hudson sold 44,444 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $151.82, for a total value of $6,747,488.08. Following the transaction, the executive vice president owned 331,137 shares in the company, valued at approximately $50,273,219.34. The trade was a 11.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO James A. Burke acquired 4,465 shares of Vistra stock in a transaction dated Tuesday, September 1st. The stock was purchased at an average cost of $135.25 per share, for a total transaction of $603,891.25. Following the completion of the purchase, the chief executive officer owned 1,146,352 shares in the company, valued at approximately $155,044,108. The trade was a 0.39% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.92% of the stock is currently owned by insiders.

About Vistra

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.