Vistra Corp. (NYSE:VST) Position Cut by V Square Quantitative Management LLC

V Square Quantitative Management LLC trimmed its holdings in shares of Vistra Corp. (NYSE:VST) by 39.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,495 shares of the company’s stock after selling 966 shares during the period. V Square Quantitative Management LLC’s holdings in Vistra were worth $206,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VST. Avior Wealth Management LLC boosted its position in shares of Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after purchasing an additional 65 shares during the period. Pathway Financial Advisers LLC raised its stake in shares of Vistra by 616.0% in the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock valued at $25,000 after acquiring an additional 154 shares in the last quarter. Founders Capital Management bought a new position in Vistra in the 4th quarter worth approximately $28,000. West Branch Capital LLC bought a new position in Vistra in the 4th quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of Vistra during the fourth quarter valued at approximately $28,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Scott B. Helm sold 20,000 shares of the firm’s stock in a transaction on Tuesday, December 10th. The stock was 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 in the company, valued at approximately $47,990,029.50. This trade represents a 5.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Scott A. Hudson sold 115,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $164.16, for a total value of $18,878,400.00. Following the completion of the sale, the executive vice president now directly owns 254,932 shares in the company, valued at $41,849,637.12. This trade represents a 31.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 342,100 shares of company stock worth $55,087,314 in the last 90 days. Company insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

VST has been the topic of several recent analyst reports. Evercore ISI started coverage on Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price target on the stock. UBS Group upped their price objective on Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a report on Friday, January 3rd. Bank of America started coverage on shares of Vistra in a research report on Monday, January 27th. They issued a “neutral” rating and a $206.00 price objective on the stock. Morgan Stanley increased their price objective on shares of Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. Finally, BMO Capital Markets lifted their price target on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, Vistra currently has an average rating of “Moderate Buy” and an average price target of $171.64.

Vistra Stock Up 1.2 %

VST stock opened at $167.59 on Tuesday. 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 stock has a market capitalization of $57.02 billion, a price-to-earnings ratio of 31.27, a PEG ratio of 1.17 and a beta of 1.22. The business’s fifty day moving average price is $158.71 and its two-hundred day moving average price is $130.19. Vistra Corp. has a fifty-two week low of $44.25 and a fifty-two week high of $199.84.

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

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.