Savant Capital LLC Increases Stock Position in Vistra Corp. (NYSE:VST)

Savant Capital LLC increased its position in shares of Vistra Corp. (NYSE:VST) by 10.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,058 shares of the company’s stock after buying an additional 393 shares during the period. Savant Capital LLC’s holdings in Vistra were worth $559,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Avior Wealth Management LLC boosted its holdings in 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 buying an additional 65 shares in the last quarter. Founders Capital Management purchased a new stake in Vistra during the fourth quarter worth $28,000. West Branch Capital LLC purchased a new stake in Vistra during the fourth quarter worth $28,000. Mark Sheptoff Financial Planning LLC purchased a new stake in Vistra during the third quarter worth $30,000. Finally, RPg Family Wealth Advisory LLC acquired a new position in Vistra during the third quarter worth $36,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Vistra

In related news, EVP Scott A. Hudson sold 115,000 shares of the business’s 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 owns 254,932 shares in the company, valued at $41,849,637.12. The trade was a 31.09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction that occurred 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 completion of the sale, the director now directly owns 343,350 shares in the company, valued at $47,990,029.50. This represents a 5.50 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 342,100 shares of company stock worth $55,087,314. Corporate insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. UBS Group upped their price objective on shares of Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research report on Friday, January 3rd. Evercore ISI assumed coverage on shares of Vistra in a research report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price objective for the company. Morgan Stanley upped their price objective on shares of Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. Bank of America assumed coverage on shares of Vistra in a research report on Monday, January 27th. They issued a “neutral” rating and a $206.00 target price for the company. Finally, BMO Capital Markets increased their target price 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. One research analyst has rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, Vistra currently has an average rating of “Moderate Buy” and an average price target of $171.64.

Vistra Price Performance

Shares of NYSE:VST opened at $167.59 on Monday. Vistra Corp. has a 12 month low of $44.25 and a 12 month high of $199.84. The firm has a market capitalization of $57.02 billion, a P/E ratio of 31.27, a P/E/G ratio of 1.17 and a beta of 1.22. 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’s fifty day moving average price is $158.32 and its 200 day moving average price is $129.55.

Vistra announced that its Board of Directors has authorized a share buyback plan on Thursday, November 7th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to reacquire up to 2.1% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its shares are undervalued.

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.