Vistra Corp. (NYSE:VST) Position Lessened by Journey Strategic Wealth LLC

Journey Strategic Wealth LLC reduced its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 55.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,499 shares of the company's stock after selling 3,130 shares during the period. Journey Strategic Wealth LLC's holdings in Vistra were worth $345,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. State Street Corp lifted its holdings in Vistra by 6.8% during the 3rd quarter. State Street Corp now owns 16,355,255 shares of the company's stock worth $1,938,752,000 after buying an additional 1,037,402 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Vistra by 51.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 3,826,631 shares of the company's stock valued at $453,609,000 after acquiring an additional 1,293,974 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in Vistra by 36.0% in the third quarter. Janus Henderson Group PLC now owns 3,781,908 shares of the company's stock valued at $448,320,000 after purchasing an additional 1,000,307 shares during the period. Castle Hook Partners LP grew its stake in Vistra by 33.5% during the 3rd quarter. Castle Hook Partners LP now owns 2,610,273 shares of the company's stock worth $309,422,000 after purchasing an additional 654,568 shares in the last quarter. Finally, Rubric Capital Management LP increased its holdings in Vistra by 60.1% during the 3rd quarter. Rubric Capital Management LP now owns 2,125,000 shares of the company's stock worth $251,898,000 after purchasing an additional 797,894 shares during the period. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on VST shares. BMO Capital Markets boosted their price objective on Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 22nd. UBS Group boosted their price target on shares of Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a report on Friday, January 3rd. Bank of America initiated coverage on shares of Vistra in a report on Monday, January 27th. They issued a "neutral" rating and a $206.00 price objective on the stock. BNP Paribas initiated coverage on Vistra in a report on Monday, October 14th. They issued an "outperform" rating and a $231.00 target price on the stock. Finally, Guggenheim increased their price objective on Vistra from $133.00 to $177.00 and gave the company a "buy" rating in a report on Tuesday, October 8th. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat.com, Vistra currently has a consensus rating of "Moderate Buy" and an average target price of $171.64.

Insider Activity

In other news, EVP Scott A. Hudson sold 115,000 shares of Vistra stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $164.16, for a total value of $18,878,400.00. Following the transaction, the executive vice president now directly owns 254,932 shares of the company's stock, valued at $41,849,637.12. The trade was a 31.09 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Scott B. Helm sold 20,000 shares of the stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the sale, the director now directly owns 343,350 shares of the company's stock, valued at approximately $47,990,029.50. This trade represents a 5.50 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 342,100 shares of company stock valued at $55,087,314 in the last 90 days. 1.42% of the stock is currently owned by insiders.

Vistra Price Performance

VST traded up $3.00 during trading on Wednesday, reaching $171.33. 7,003,204 shares of the stock were exchanged, compared to its average volume of 10,247,235. Vistra Corp. has a 1 year low of $42.22 and a 1 year high of $199.84. The company has a market capitalization of $58.29 billion, a price-to-earnings ratio of 31.97, a P/E/G ratio of 1.15 and a beta of 1.22. The business's 50 day moving average price is $156.64 and its two-hundred day moving average price is $124.26. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99.

Vistra (NYSE:VST - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported $5.25 EPS for the quarter, topping analysts' consensus estimates of $1.24 by $4.01. Vistra had a net margin of 12.51% and a return on equity of 57.63%. The business had revenue of $6.29 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same period in the previous year, the firm posted $1.25 earnings per share. As a group, equities research analysts anticipate that Vistra Corp. will post 7 earnings per share for the current year.

Vistra declared that its board has approved a stock repurchase plan on Thursday, November 7th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

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.