Petra Financial Advisors Inc. boosted its stake in shares of Vistra Corp. (NYSE:VST – Free Report) by 14.0% in the third quarter, HoldingsChannel reports. The institutional investor owned 6,562 shares of the company’s stock after purchasing an additional 808 shares during the period. Petra Financial Advisors Inc.’s holdings in Vistra were worth $778,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the stock. Catalyst Financial Partners LLC bought a new stake in shares of Vistra during the third quarter valued at approximately $289,000. First Trust Direct Indexing L.P. increased its holdings in Vistra by 38.2% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 5,100 shares of the company’s stock worth $605,000 after purchasing an additional 1,411 shares during the period. Adams Diversified Equity Fund Inc. raised its position in Vistra by 78.9% during the 3rd quarter. Adams Diversified Equity Fund Inc. now owns 27,200 shares of the company’s stock valued at $3,224,000 after purchasing an additional 12,000 shares in the last quarter. Mutual Advisors LLC lifted its holdings in shares of Vistra by 444.3% in the 3rd quarter. Mutual Advisors LLC now owns 21,267 shares of the company’s stock worth $2,671,000 after buying an additional 17,360 shares during the period. Finally, Vanguard Capital Wealth Advisors bought a new position in shares of Vistra during the 3rd quarter worth $279,000. 90.88% of the stock is owned by hedge funds and other institutional investors.
Vistra Stock Up 0.9 %
Vistra stock traded up $1.08 during midday trading on Thursday, reaching $125.19. The company’s stock had a trading volume of 639,635 shares, compared to its average volume of 6,878,887. Vistra Corp. has a 52-week low of $32.34 and a 52-week high of $143.87. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.98 and a quick ratio of 0.88. The stock has a market capitalization of $43.50 billion, a P/E ratio of 76.13 and a beta of 1.10. The stock’s 50-day simple moving average is $106.31 and its 200-day simple moving average is $91.86.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on VST. BNP Paribas assumed coverage on Vistra in a report on Monday, October 14th. They issued an “outperform” rating and a $231.00 price objective for the company. BMO Capital Markets upped their price target on shares of Vistra from $146.00 to $147.00 and gave the stock an “outperform” rating in a research report on Tuesday. Guggenheim lifted their price objective on shares of Vistra from $133.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, October 8th. Royal Bank of Canada upped their target price on Vistra from $105.00 to $141.00 and gave the stock an “outperform” rating in a report on Thursday, October 3rd. Finally, Morgan Stanley lifted their price target on Vistra from $110.00 to $132.00 and gave the company an “overweight” rating in a report on Monday, September 23rd. Ten research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Vistra has an average rating of “Buy” and an average price target of $145.40.
View Our Latest Research Report on Vistra
About Vistra
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.
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