1,543 Shares in Vistra Corp. (NYSE:VST) Acquired by Five Oceans Advisors

Five Oceans Advisors purchased a new stake in shares of Vistra Corp. (NYSE:VST) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 1,543 shares of the company’s stock, valued at approximately $213,000.

Other hedge funds also recently modified their holdings of the company. Avior Wealth Management LLC lifted its stake in 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 purchasing an additional 65 shares during the last quarter. Founders Capital Management bought a new position in shares of Vistra in the fourth quarter valued at $28,000. West Branch Capital LLC acquired a new stake in shares of Vistra during the 4th quarter valued at $28,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Vistra during the 3rd quarter worth $30,000. Finally, Mark Sheptoff Financial Planning LLC acquired a new position in shares of Vistra in the 3rd quarter worth $30,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra Trading Down 4.7 %

Vistra stock opened at $168.08 on Friday. Vistra Corp. has a 12 month low of $40.78 and a 12 month high of $199.84. 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 stock has a market cap of $57.18 billion, a P/E ratio of 31.36, a P/E/G ratio of 1.05 and a beta of 1.21. The company’s fifty day simple moving average is $156.24 and its 200-day simple moving average is $122.64.

Vistra (NYSE:VST) last issued its earnings results on Thursday, November 7th. The company reported $5.25 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $4.01. Vistra had a return on equity of 57.63% and a net margin of 12.51%. The firm had revenue of $6.29 billion for the quarter, compared to the consensus estimate of $4.96 billion. During the same quarter in the previous year, the company posted $1.25 earnings per share. As a group, sell-side analysts forecast 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 outstanding shares. This repurchase authorization permits the company to reacquire up to 2.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Activity at Vistra

In other news, EVP Stephen J. Muscato sold 207,100 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Scott A. Hudson sold 115,000 shares of the 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 transaction, the executive vice president now directly owns 254,932 shares in the company, valued at approximately $41,849,637.12. This represents a 31.09 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 342,100 shares of company stock valued at $55,087,314. 1.42% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. initiated coverage on Vistra in a report on Thursday, October 17th. They set an “overweight” rating and a $178.00 target price for the company. Guggenheim raised their target price on shares of Vistra from $133.00 to $177.00 and gave the stock a “buy” rating in a report on Tuesday, October 8th. Bank of America initiated coverage on shares of Vistra in a research report on Monday, January 27th. They issued a “neutral” rating and a $206.00 target price on the stock. Morgan Stanley upped their price target on shares of Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a research report on Friday, November 22nd. Finally, BMO Capital Markets lifted their price objective on shares of Vistra from $151.00 to $191.00 and gave the stock 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 issued a buy rating to the stock. Based on data from MarketBeat.com, Vistra currently has a consensus rating of “Moderate Buy” and an average target price of $171.64.

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.