Pacer Advisors Inc. grew its holdings in Vistra Corp. (NYSE:VST - Free Report) by 11.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,289 shares of the company's stock after acquiring an additional 2,818 shares during the period. Pacer Advisors Inc.'s holdings in Vistra were worth $3,900,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently made changes to their positions in the business. Avior Wealth Management LLC grew its position in shares of Vistra by 56.5% during the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after purchasing an additional 65 shares in the last quarter. Founders Capital Management bought a new position in Vistra during the fourth quarter valued at approximately $28,000. West Branch Capital LLC purchased a new position in Vistra during the 4th quarter valued at approximately $28,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Vistra in the 3rd quarter worth approximately $30,000. Finally, Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Vistra during the 3rd quarter worth approximately $30,000. Hedge funds and other institutional investors own 90.88% of the company's stock.
Vistra Stock Up 13.6 %
Shares of NYSE:VST opened at $176.28 on Friday. The firm has a market capitalization of $59.98 billion, a PE ratio of 32.89, a price-to-earnings-growth ratio of 1.05 and a beta of 1.21. The business has a 50 day simple moving average of $156.12 and a two-hundred day simple moving average of $121.82. Vistra Corp. has a 1 year low of $40.78 and a 1 year high of $199.84. 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 posted its quarterly earnings data on Thursday, November 7th. The company reported $5.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.24 by $4.01. The company had revenue of $6.29 billion during the quarter, compared to analysts' expectations of $4.96 billion. Vistra had a return on equity of 57.63% and a net margin of 12.51%. During the same quarter in the previous year, the business earned $1.25 EPS. On average, equities analysts predict that Vistra Corp. will post 7 EPS for the current year.
Vistra announced that its board has authorized a share repurchase program on Thursday, November 7th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to reacquire up to 2.1% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.
Wall Street Analysts Forecast Growth
VST has been the subject of a number of recent research reports. Royal Bank of Canada raised 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. Bank of America assumed coverage on shares of Vistra in a report on Monday. They issued a "neutral" rating and a $206.00 target price on the stock. BNP Paribas assumed coverage on shares of Vistra in a report on Monday, October 14th. They issued an "outperform" rating and a $231.00 price target for the company. Guggenheim lifted their price target on Vistra from $133.00 to $177.00 and gave the stock a "buy" rating in a research report on Tuesday, October 8th. Finally, Evercore ISI began coverage on Vistra in a research report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price objective on the stock. One 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, Vistra presently has a consensus rating of "Moderate Buy" and a consensus price target of $171.64.
Get Our Latest Analysis on VST
Insider Activity
In other news, Director Scott B. Helm sold 20,000 shares of the business's stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total value of $2,795,400.00. Following the completion of the sale, the director now owns 343,350 shares in the company, valued at approximately $47,990,029.50. The trade was a 5.50 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Stephen J. Muscato sold 207,100 shares of the company's stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $161.34, for a total transaction of $33,413,514.00. Following the completion of the sale, the executive vice president now directly owns 318,287 shares of the company's stock, valued at $51,352,424.58. The trade was a 39.42 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 342,100 shares of company stock valued at $55,087,314. 1.42% of the stock is currently owned by company insiders.
Vistra Profile
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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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