Vistra Corp. (NYSE:VST) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lessened its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 83.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,039 shares of the company's stock after selling 31,268 shares during the period. SG Americas Securities LLC's holdings in Vistra were worth $833,000 at the end of the most recent reporting period.

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

Vistra Trading Up 13.6 %

Vistra stock traded up $21.07 during trading hours on Thursday, reaching $176.28. The stock had a trading volume of 17,808,760 shares, compared to its average volume of 10,565,492. Vistra Corp. has a 52 week low of $40.78 and a 52 week high of $199.84. The stock has a market cap of $59.98 billion, a PE ratio of 32.89, a PEG ratio of 1.77 and a beta of 1.21. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The company has a fifty day simple moving average of $155.91 and a 200-day simple moving average of $121.44.

Vistra (NYSE:VST - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported $5.25 earnings per share for the quarter, topping analysts' consensus estimates of $1.24 by $4.01. The business had revenue of $6.29 billion for the quarter, compared to analysts' expectations of $4.96 billion. Vistra had a net margin of 12.51% and a return on equity of 57.63%. During the same quarter in the prior year, the company earned $1.25 earnings per share. Analysts forecast that Vistra Corp. will post 4.48 EPS for the current fiscal year.

Vistra announced that its Board of Directors has authorized a stock repurchase program on Thursday, November 7th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 2.1% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its stock is undervalued.

Insider Buying and Selling

In other news, Director Scott B. Helm sold 20,000 shares of the business'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 transaction, the director now owns 343,350 shares of the company's stock, valued at approximately $47,990,029.50. The trade was a 5.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Stephen J. Muscato sold 207,100 shares of Vistra stock in a transaction on Friday, November 22nd. The shares were 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 owns 318,287 shares in the company, valued at approximately $51,352,424.58. This represents a 39.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 342,100 shares of company stock worth $55,087,314. 1.42% of the stock is owned by corporate insiders.

Analyst Ratings Changes

VST has been the topic of a number of analyst reports. Guggenheim boosted their price objective on Vistra from $133.00 to $177.00 and gave the company a "buy" rating in a research note on Tuesday, October 8th. BMO Capital Markets boosted 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. Evercore ISI began coverage on Vistra in a research report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price objective on the stock. Royal Bank of Canada upped their target price on Vistra from $105.00 to $141.00 and gave the stock an "outperform" rating in a research note on Thursday, October 3rd. Finally, Bank of America started coverage on shares of Vistra in a research report on Monday. They set a "neutral" rating and a $206.00 target price for the company. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat, Vistra has an average rating of "Moderate Buy" and a consensus price target of $171.64.

About Vistra

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.