Diversify Advisory Services LLC Takes Position in Vistra Corp. (NYSE:VST)

Diversify Advisory Services LLC bought a new position in shares of Vistra Corp. (NYSE:VST) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,032 shares of the company’s stock, valued at approximately $504,000.

Several other institutional investors also recently bought and sold shares of VST. Lone Pine Capital LLC boosted its position in Vistra by 6.6% in the 2nd quarter. Lone Pine Capital LLC now owns 6,838,007 shares of the company’s stock worth $587,932,000 after purchasing an additional 425,126 shares in the last quarter. Castle Hook Partners LP boosted its holdings in Vistra by 470.0% during the first quarter. Castle Hook Partners LP now owns 3,769,842 shares of the company’s stock worth $262,569,000 after buying an additional 3,108,511 shares in the last quarter. TD Asset Management Inc grew its position in Vistra by 9,668.5% during the first quarter. TD Asset Management Inc now owns 2,940,113 shares of the company’s stock valued at $204,779,000 after buying an additional 2,910,015 shares during the period. GQG Partners LLC increased its holdings in Vistra by 25.1% in the first quarter. GQG Partners LLC now owns 2,564,705 shares of the company’s stock valued at $178,632,000 after buying an additional 514,722 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in shares of Vistra by 115.3% in the second quarter. Massachusetts Financial Services Co. MA now owns 2,532,657 shares of the company’s stock worth $217,758,000 after acquiring an additional 1,356,488 shares during the period. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Vistra Stock Performance

VST opened at $124.94 on Friday. Vistra Corp. has a twelve month low of $32.34 and a twelve month high of $143.87. The firm has a market capitalization of $43.41 billion, a PE ratio of 76.65 and a beta of 1.10. The company has a current ratio of 0.98, a quick ratio of 0.88 and a debt-to-equity ratio of 2.89. The firm’s 50-day moving average price is $107.15 and its 200 day moving average price is $92.09.

Vistra (NYSE:VST) last issued its earnings results on Thursday, August 8th. The company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $1.59 by ($0.69). Vistra had a return on equity of 21.05% and a net margin of 4.61%. The company had revenue of $3.85 billion for the quarter, compared to analyst estimates of $4.04 billion. During the same quarter in the prior year, the firm earned $1.03 earnings per share. As a group, sell-side analysts expect that Vistra Corp. will post 4.02 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

VST has been the topic of a number of analyst reports. Guggenheim raised their target price on Vistra from $133.00 to $177.00 and gave the company a “buy” rating in a research report on Tuesday, October 8th. Morgan Stanley boosted their price objective on Vistra from $110.00 to $132.00 and gave the company an “overweight” rating in a research report on Monday, September 23rd. Royal Bank of Canada increased their target price on Vistra from $105.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, October 3rd. JPMorgan Chase & Co. started coverage on shares of Vistra in a report on Thursday, October 17th. They issued an “overweight” rating and a $178.00 price target for the company. Finally, BMO Capital Markets increased their price objective on shares of Vistra from $146.00 to $147.00 and gave the company an “outperform” rating in a report on Tuesday. Ten investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $145.40.

Vistra Company Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.