Segra Capital Management LLC Acquires 77,500 Shares of Vistra Corp. $VST

Key Points

• Segra Capital Management increased its Vistra stake by 26.2%, buying 77,500 shares to hold 373,456 shares valued at approximately $51.7 million. Institutional investors collectively own 90.88% of Vistra.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and average price target of $202.43, despite recent target cuts from Wells Fargo and Scotiabank.
• Vistra shares opened at $142.61 after falling 2.8%; the company’s latest quarterly results missed expectations, reporting $0.76 in EPS versus a $1.61 consensus estimate and revenue of $4.02 billion versus $5.46 billion expected.

Segra Capital Management LLC grew its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 26.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 373,456 shares of the company's stock after buying an additional 77,500 shares during the quarter. Vistra accounts for approximately 4.8% of Segra Capital Management LLC's portfolio, making the stock its 5th largest holding. Segra Capital Management LLC's holdings in Vistra were worth $51,668,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Premier Financial Group purchased a new stake in Vistra during the 2nd quarter valued at about $34,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in Vistra in the 2nd quarter worth approximately $37,000. Silicon Valley Capital Partners purchased a new position in Vistra in the 2nd quarter worth approximately $39,000. Latitude Advisors LLC purchased a new position in Vistra in the 3rd quarter worth approximately $42,000. Finally, Physician Wealth Advisors Inc. increased its stake in Vistra by 46.6% in the 1st quarter. Physician Wealth Advisors Inc. now owns 302 shares of the company's stock worth $45,000 after purchasing an additional 96 shares during the period. Hedge funds and other institutional investors own 90.88% of the company's stock.

Key Headlines Impacting Vistra

Here are the key news stories impacting Vistra this week:

• Positive Sentiment: Bank of America Securities reaffirmed its Buy rating on Vistra, providing continued support for the bullish long-term view of the company. Bank of America Securities Reaffirms Their Buy Rating on Vistra Corp
• Positive Sentiment: Wells Fargo lowered its price target to $198 from $212 but maintained an Overweight rating. The revised target still indicates substantial potential upside from recent trading levels, although the reduction reflects more cautious valuation expectations. Wells Fargo Vistra recommendations
• Neutral Sentiment: Coverage ahead of Vistra’s quarterly earnings is focusing investor attention on upcoming results and management commentary, which could clarify the company’s earnings outlook and power-market exposure. Vistra's quarterly earnings preview
• Neutral Sentiment: A Trefis analysis examines whether Vistra’s business and valuation are positioned to generate attractive shareholder returns, but the headline does not provide a specific new catalyst or recommendation. Is Vistra Stock Engineered To Make You Money?
• Negative Sentiment: Scotiabank cut its Vistra price target to $189 from $207, adding to valuation concerns even though the revised target remains above the recent share price. Scotiabank Adjusts Price Target on Vistra
• Negative Sentiment: Vistra underperformed as the broader market improved, with market reports attributing the move to stock-specific weakness rather than a broad market selloff. Vistra stock underperforms Wednesday

Wall Street Analyst Weigh In

VST has been the subject of a number of analyst reports. The Goldman Sachs Group set a $206.00 price objective on Vistra in a research note on Wednesday, August 12th. Lake Street Capital set a $194.00 target price on shares of Vistra in a research note on Tuesday. Weiss Ratings lowered shares of Vistra from a "hold (c+)" rating to a "hold (c)" rating in a report on Thursday, August 13th. Scotiabank lowered their price target on shares of Vistra from $207.00 to $189.00 and set a "sector outperform" rating for the company in a report on Wednesday. Finally, Sanford C. Bernstein reissued an "outperform" rating and set a $181.00 price target on shares of Vistra in a research report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $202.43.

Vistra Trading Down 2.8%

VST opened at $142.61 on Thursday. Vistra Corp. has a one year low of $132.66 and a one year high of $200.73. The company has a debt-to-equity ratio of 5.87, a current ratio of 0.97 and a quick ratio of 0.87. The business has a 50 day simple moving average of $145.13 and a two-hundred day simple moving average of $154.01. The firm has a market capitalization of $47.86 billion, a price-to-earnings ratio of 24.09 and a beta of 1.38.

Vistra (NYSE:VST - Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.76 earnings per share for the quarter, missing analysts' consensus estimates of $1.61 by ($0.85). Vistra had a return on equity of 108.68% and a net margin of 11.55%. The business had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $5.46 billion. Analysts predict that Vistra Corp. will post 9.13 EPS for the current year.

Insiders Place Their Bets

In related news, CEO James Burke acquired 4,465 shares of Vistra stock in a transaction on Tuesday, September 1st. The shares were acquired at an average cost of $135.25 per share, with a total value of $603,891.25. Following the transaction, the chief executive officer owned 1,146,352 shares in the company, valued at $155,044,108. This trade represents a 0.39% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Scott A. Hudson sold 22,222 shares of the company's stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $160.14, for a total transaction of $3,558,631.08. Following the completion of the transaction, the executive vice president owned 308,915 shares of the company's stock, valued at $49,469,648.10. This trade represents a 6.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.92% of the company's stock.

Vistra Company Profile

Vistra Corp. NYSE: VST is an integrated energy company based in Irving, Texas. The company operates across electricity generation, power distribution support, energy marketing and retail electricity sales, serving residential, commercial and industrial customers primarily in the United States.

Vistra owns and operates a diverse portfolio of power generation and energy storage facilities. Its assets include natural gas, nuclear, coal and renewable generation, as well as battery storage projects.

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