Nisa Investment Advisors LLC Buys 54,645 Shares of Vistra Corp. (NYSE:VST)

Nisa Investment Advisors LLC boosted its stake in Vistra Corp. (NYSE:VST) by 104.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 107,141 shares of the company’s stock after acquiring an additional 54,645 shares during the period. Nisa Investment Advisors LLC’s holdings in Vistra were worth $12,700,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Vistra in the third quarter valued at $30,000. CVA Family Office LLC boosted its holdings in shares of Vistra by 1,505.9% during the 3rd quarter. CVA Family Office LLC now owns 273 shares of the company’s stock valued at $32,000 after buying an additional 256 shares in the last quarter. Redwood Wealth Management Group LLC bought a new stake in shares of Vistra during the 2nd quarter valued at $26,000. ORG Wealth Partners LLC bought a new stake in shares of Vistra during the 3rd quarter valued at $40,000. Finally, EdgeRock Capital LLC bought a new stake in shares of Vistra during the 2nd quarter valued at $34,000. Institutional investors own 90.88% of the company’s stock.

Vistra Price Performance

Shares of NYSE:VST opened at $126.67 on Wednesday. Vistra Corp. has a fifty-two week low of $32.17 and a fifty-two week high of $143.87. The business has a 50-day simple moving average of $106.31 and a two-hundred day simple moving average of $91.86. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.88 and a current ratio of 0.98. The firm has a market cap of $44.01 billion, a price-to-earnings ratio of 77.71 and a beta of 1.10.

Vistra (NYSE:VST) last issued its earnings results on Thursday, August 8th. The company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.69). Vistra had a return on equity of 21.05% and a net margin of 4.61%. The business had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $4.04 billion. During the same period last year, the firm posted $1.03 EPS. On average, analysts expect that Vistra Corp. will post 4.02 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on VST. BMO Capital Markets boosted their target price on shares of Vistra from $146.00 to $147.00 and gave the company an “outperform” rating in a report on Tuesday. Royal Bank of Canada boosted their target price on shares of Vistra from $105.00 to $141.00 and gave the company an “outperform” rating in a report on Thursday, October 3rd. Guggenheim boosted their target price on shares of Vistra from $133.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, October 8th. BNP Paribas began coverage on shares of Vistra in a report on Monday, October 14th. They set an “outperform” rating and a $231.00 target price on the stock. Finally, Morgan Stanley boosted their target price on shares of Vistra from $110.00 to $132.00 and gave the company an “overweight” rating in a report on Monday, September 23rd. Ten analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $145.40.

Vistra 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.