U.S. Capital Wealth Advisors LLC Makes New $4.57 Million Investment in Vistra Corp. (NYSE:VST)

U.S. Capital Wealth Advisors LLC purchased a new position in shares of Vistra Corp. (NYSE:VST - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 33,109 shares of the company's stock, valued at approximately $4,565,000.

A number of other institutional investors and hedge funds have also bought and sold shares of VST. Greenleaf Trust grew its stake in shares of Vistra by 7.0% in the 4th quarter. Greenleaf Trust now owns 17,462 shares of the company's stock worth $2,407,000 after acquiring an additional 1,149 shares in the last quarter. Five Oceans Advisors purchased a new stake in Vistra in the 4th quarter valued at about $213,000. DAVENPORT & Co LLC lifted its position in shares of Vistra by 58.9% during the 4th quarter. DAVENPORT & Co LLC now owns 14,754 shares of the company's stock worth $2,034,000 after buying an additional 5,467 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. purchased a new position in shares of Vistra in the 4th quarter worth approximately $1,241,000. Finally, OFC Financial Planning LLC bought a new position in shares of Vistra in the fourth quarter valued at approximately $710,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Price Performance

NYSE:VST traded up $3.00 during mid-day trading on Wednesday, hitting $171.33. 7,006,224 shares of the stock traded hands, compared to its average volume of 10,247,686. The business's 50-day moving average price is $156.64 and its 200 day moving average price is $124.26. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The company has a market cap of $58.29 billion, a PE ratio of 31.97, a price-to-earnings-growth ratio of 1.15 and a beta of 1.22. Vistra Corp. has a 12-month low of $42.22 and a 12-month high of $199.84.

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

Vistra declared that its board has approved a share buyback plan on Thursday, November 7th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to buy up to 2.1% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

Insiders Place Their Bets

In other Vistra news, Director Scott B. Helm sold 20,000 shares of the firm's stock in a transaction on 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 sale, the director now owns 343,350 shares of the company's stock, valued at $47,990,029.50. This trade represents a 5.50 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Stephen J. Muscato sold 207,100 shares of the firm's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $161.34, for a total value of $33,413,514.00. Following the completion of the sale, the executive vice president now directly owns 318,287 shares in the company, valued at $51,352,424.58. The trade was a 39.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 342,100 shares of company stock valued at $55,087,314. 1.42% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. JPMorgan Chase & Co. began coverage on Vistra in a research report on Thursday, October 17th. They issued an "overweight" rating and a $178.00 price objective on the stock. BMO Capital Markets increased their price target on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research report on Wednesday, January 22nd. Guggenheim boosted their target price on shares of Vistra from $133.00 to $177.00 and gave the company a "buy" rating in a research note on Tuesday, October 8th. Bank of America initiated coverage on shares of Vistra in a research note on Monday, January 27th. They set a "neutral" rating and a $206.00 price target for the company. Finally, Morgan Stanley upped their price objective on Vistra from $135.00 to $169.00 and gave the company an "overweight" rating in a research note on Friday, November 22nd. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $171.64.

Vistra Company 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.