1,475 Shares in Vistra Corp. (NYSE:VST) Purchased by Field & Main Bank

Field & Main Bank purchased a new stake in shares of Vistra Corp. (NYSE:VST) in the fourth quarter, Holdings Channel.com reports. The firm purchased 1,475 shares of the company’s stock, valued at approximately $203,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Avior Wealth Management LLC boosted 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 buying an additional 65 shares during the last quarter. Founders Capital Management purchased a new position in Vistra during the 4th quarter worth $28,000. West Branch Capital LLC bought a new stake in shares of Vistra in the 4th quarter worth $28,000. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Vistra in the third quarter valued at about $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Vistra during the third quarter valued at about $30,000. 90.88% of the stock is owned by institutional investors.

Vistra Price Performance

NYSE VST opened at $155.23 on Wednesday. The company has a market cap of $52.81 billion, a PE ratio of 28.44, a price-to-earnings-growth ratio of 1.77 and a beta of 1.21. 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 firm’s 50-day simple moving average is $155.89 and its two-hundred day simple moving average is $121.20. Vistra Corp. has a 52 week low of $40.57 and a 52 week high of $199.84.

Vistra (NYSE:VST) last released 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 net margin of 12.51% and a return on equity of 57.63%. The company had revenue of $6.29 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same period last year, the firm earned $1.25 EPS. Research analysts predict that Vistra Corp. will post 4.48 earnings per share for the current year.

Vistra declared that its Board of Directors has approved a stock buyback program on Thursday, November 7th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on VST shares. Evercore ISI began coverage on shares of Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price objective for the company. Royal Bank of Canada lifted their price target on Vistra from $105.00 to $141.00 and gave the stock an “outperform” rating in a report on Thursday, October 3rd. UBS Group upped their price objective on Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. BNP Paribas began coverage on Vistra in a research note on Monday, October 14th. They set an “outperform” rating and a $231.00 target price on the stock. Finally, Bank of America assumed coverage on shares of Vistra in a research report on Monday. They set a “neutral” rating and a $206.00 price target for the company. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, Vistra currently has an average rating of “Moderate Buy” and an average target price of $171.64.

Insider Transactions at Vistra

In related news, Director Scott B. Helm sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the sale, the director now owns 343,350 shares of the company’s stock, valued at approximately $47,990,029.50. This represents a 5.50 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Scott A. Hudson sold 115,000 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $164.16, for a total transaction of $18,878,400.00. Following the completion of the sale, the executive vice president now owns 254,932 shares in the company, valued at $41,849,637.12. This represents a 31.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 342,100 shares of company stock valued at $55,087,314 over the last three months. Company insiders own 1.42% of the company’s stock.

Vistra 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.