Aveo Capital Partners LLC bought a new position in shares of Vistra Corp. (NYSE:VST - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,834 shares of the company's stock, valued at approximately $253,000.
A number of other institutional investors have also made changes to their positions in the business. Avior Wealth Management LLC boosted its holdings in shares of Vistra by 56.5% during the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after acquiring an additional 65 shares during the period. Pathway Financial Advisers LLC boosted its stake in Vistra by 616.0% in the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock valued at $25,000 after purchasing an additional 154 shares during the period. Founders Capital Management bought a new position in Vistra during the 4th quarter worth $28,000. West Branch Capital LLC acquired a new stake in shares of Vistra during the fourth quarter worth $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Vistra during the fourth quarter worth $28,000. 90.88% of the stock is owned by institutional investors and hedge funds.
Vistra Price Performance
Shares of Vistra stock traded down $6.42 during trading on Thursday, reaching $162.93. 7,121,998 shares of the company's stock were exchanged, compared to its average volume of 8,967,114. The firm's 50-day moving average price is $159.73 and its 200 day moving average price is $131.14. The company has a market cap of $55.43 billion, a P/E ratio of 30.40, a PEG ratio of 1.16 and a beta of 1.22. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. Vistra Corp. has a 1-year low of $45.80 and a 1-year high of $199.84.
Vistra declared that its Board of Directors has initiated a share repurchase plan on Thursday, November 7th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to buy up to 2.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.
Insider Transactions at Vistra
In other Vistra news, Director Scott B. Helm sold 20,000 shares of the company's stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total value of $2,795,400.00. Following the completion of the transaction, the director now owns 343,350 shares of the company's stock, valued at $47,990,029.50. This represents a 5.50 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Scott A. Hudson sold 115,000 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $164.16, for a total value of $18,878,400.00. Following the completion of the transaction, the executive vice president now owns 254,932 shares of the company's stock, valued at $41,849,637.12. This represents a 31.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 342,100 shares of company stock valued at $55,087,314. 1.42% of the stock is currently owned by insiders.
Analyst Ratings Changes
A number of research firms recently commented on VST. BMO Capital Markets raised their price target on shares of Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 22nd. Evercore ISI began coverage on shares of Vistra in a report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 target price on the stock. UBS Group boosted their price target on Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a research note on Friday, January 3rd. Morgan Stanley raised their price objective on Vistra from $135.00 to $169.00 and gave the stock an "overweight" rating in a research note on Friday, November 22nd. Finally, Bank of America began coverage on Vistra in a research report on Monday, January 27th. They set a "neutral" rating and a $206.00 target price for the company. One equities research analyst has rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat.com, Vistra has an average rating of "Moderate Buy" and a consensus price target of $171.64.
Check Out Our Latest Stock Report on VST
About Vistra
(
Free Report)
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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