Thrivent Financial for Lutherans Has $108.93 Million Holdings in Vistra Corp. $VST

Thrivent Financial for Lutherans lessened its position in Vistra Corp. (NYSE:VST) by 8.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 555,977 shares of the company’s stock after selling 53,503 shares during the quarter. Thrivent Financial for Lutherans owned about 0.16% of Vistra worth $108,927,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VST. ELCO Management Co. LLC acquired a new position in shares of Vistra during the 2nd quarter worth about $499,000. FUKOKU MUTUAL LIFE INSURANCE Co acquired a new stake in Vistra in the 2nd quarter valued at approximately $292,000. Fisher Funds Management LTD bought a new position in Vistra in the 3rd quarter worth approximately $1,241,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Vistra by 1.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 2,099,120 shares of the company’s stock worth $406,830,000 after buying an additional 35,444 shares during the last quarter. Finally, Nordea Investment Management AB lifted its holdings in shares of Vistra by 1,973.0% during the third quarter. Nordea Investment Management AB now owns 362,178 shares of the company’s stock worth $69,477,000 after buying an additional 344,707 shares during the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insider Buying and Selling

In other 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 sale, the executive vice president directly owned 79,854 shares in the company, valued at approximately $13,842,690.90. This represents a 9.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Scott A. Hudson sold 56,000 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $168.86, for a total value of $9,456,160.00. Following the completion of the transaction, the executive vice president directly owned 306,600 shares of the company’s stock, valued at approximately $51,772,476. The trade was a 15.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 166,680 shares of company stock valued at $28,761,790 over the last ninety days. Company insiders own 1.42% of the company’s stock.

Vistra Trading Down 2.7%

Shares of Vistra stock opened at $158.12 on Friday. The company’s fifty day moving average price is $166.22 and its two-hundred day moving average price is $185.64. The firm has a market capitalization of $53.58 billion, a PE ratio of 57.08, a price-to-earnings-growth ratio of 0.99 and a beta of 1.41. Vistra Corp. has a 52-week low of $90.51 and a 52-week high of $219.82. The company has a debt-to-equity ratio of 5.74, a current ratio of 0.99 and a quick ratio of 0.88.

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Vistra from $249.00 to $233.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 16th. UBS Group increased their price target on shares of Vistra from $230.00 to $233.00 and gave the company a “buy” rating in a report on Monday, January 12th. Wells Fargo & Company decreased their price target on shares of Vistra from $238.00 to $236.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 20th. Scotiabank upped their price objective on shares of Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Finally, BMO Capital Markets increased their target price on shares of Vistra from $230.00 to $244.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Vistra presently has an average rating of “Buy” and an average price target 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.