Vistra Corp. $VST Shares Acquired by Hollencrest Capital Management

Hollencrest Capital Management grew its position in shares of Vistra Corp. (NYSE:VST) by 181.6% during the third quarter, HoldingsChannel reports. The firm owned 9,521 shares of the company’s stock after buying an additional 6,140 shares during the period. Hollencrest Capital Management’s holdings in Vistra were worth $1,865,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in VST. Ballentine Partners LLC grew its stake in Vistra by 2.0% during the 3rd quarter. Ballentine Partners LLC now owns 3,275 shares of the company’s stock worth $642,000 after buying an additional 63 shares during the last quarter. Wealth Effects LLC increased its holdings in shares of Vistra by 1.1% in the 3rd quarter. Wealth Effects LLC now owns 5,782 shares of the company’s stock worth $1,133,000 after acquiring an additional 65 shares during the period. Guardian Asset Advisors LLC boosted its stake in Vistra by 3.0% during the 3rd quarter. Guardian Asset Advisors LLC now owns 2,281 shares of the company’s stock valued at $447,000 after purchasing an additional 66 shares during the period. Bridgewater Advisors Inc. grew its position in Vistra by 4.0% in the 2nd quarter. Bridgewater Advisors Inc. now owns 1,734 shares of the company’s stock worth $333,000 after purchasing an additional 67 shares during the last quarter. Finally, Verdence Capital Advisors LLC increased its stake in shares of Vistra by 2.2% in the second quarter. Verdence Capital Advisors LLC now owns 3,256 shares of the company’s stock valued at $631,000 after purchasing an additional 71 shares during the period. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Stock Performance

VST opened at $165.58 on Thursday. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 5.74. The firm has a market cap of $56.10 billion, a PE ratio of 59.78, a P/E/G ratio of 1.00 and a beta of 1.41. The business has a fifty day simple moving average of $166.65 and a 200-day simple moving average of $186.11. Vistra Corp. has a fifty-two week low of $90.51 and a fifty-two week high of $219.82.

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

Analyst Ratings Changes

A number of brokerages recently issued reports on VST. Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a report on Monday, December 29th. Morgan Stanley set a $227.00 price objective on shares of Vistra in a report on Wednesday, January 21st. Scotiabank raised their target price on shares of Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. KeyCorp initiated coverage on Vistra in a report on Monday, November 24th. They set an “overweight” rating and a $217.00 target price on the stock. Finally, UBS Group lifted their price target on Vistra from $230.00 to $233.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $239.20.

Insider Activity

In other Vistra news, EVP Stephanie Zapata Moore sold 8,219 shares of Vistra stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $173.35, for a total transaction of $1,424,763.65. Following the transaction, the executive vice president directly owned 79,854 shares in the company, valued at approximately $13,842,690.90. The trade was a 9.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Carrie Lee Kirby sold 58,275 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $174.75, for a total value of $10,183,556.25. Following the completion of the sale, the executive vice president owned 218,239 shares of the company’s stock, valued at $38,137,265.25. The trade was a 21.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 166,680 shares of company stock worth $28,761,790 in the last quarter. Insiders own 1.42% of the company’s stock.

Vistra Company Profile

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.