Semus Wealth Partners LLC Acquires New Shares in Vistra Corp. (NYSE:VST)

Semus Wealth Partners LLC bought a new position in Vistra Corp. (NYSE:VST) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 2,267 shares of the company’s stock, valued at approximately $313,000.

Several other large investors have also added to or reduced their stakes in the stock. Avior Wealth Management LLC lifted its holdings in shares of Vistra by 56.5% in 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. Galvin Gaustad & Stein LLC lifted its stake in Vistra by 3.6% in the 4th quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company’s stock worth $286,000 after purchasing an additional 73 shares in the last quarter. Forum Financial Management LP boosted its holdings in Vistra by 0.7% in the 3rd quarter. Forum Financial Management LP now owns 11,527 shares of the company’s stock valued at $1,366,000 after purchasing an additional 80 shares during the period. Umpqua Bank boosted its holdings in Vistra by 2.2% in the 3rd quarter. Umpqua Bank now owns 3,780 shares of the company’s stock valued at $448,000 after purchasing an additional 81 shares during the period. Finally, OneDigital Investment Advisors LLC grew its position in shares of Vistra by 3.0% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 2,809 shares of the company’s stock valued at $333,000 after purchasing an additional 81 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on VST shares. Bank of America began coverage on Vistra in a research note on Monday, January 27th. They set a “neutral” rating and a $206.00 price objective for the company. Evercore ISI began coverage on Vistra in a research report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price target for the company. BMO Capital Markets upped 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. Morgan Stanley lifted their target price 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, UBS Group increased their price target on shares of Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. One research analyst has rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, Vistra presently has an average rating of “Moderate Buy” and a consensus price target of $171.64.

Insider Buying and Selling at Vistra

In other Vistra news, EVP Scott A. Hudson sold 115,000 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the executive vice president now owns 254,932 shares in the company, valued at approximately $41,849,637.12. The trade was a 31.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Stephen J. Muscato sold 207,100 shares of the firm’s stock in a transaction that occurred on 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 transaction, the executive vice president now owns 318,287 shares in the company, valued at $51,352,424.58. This represents a 39.42 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 342,100 shares of company stock worth $55,087,314 over the last three months. Company insiders own 1.42% of the company’s stock.

Vistra Price Performance

VST stock opened at $169.21 on Wednesday. The firm has a market cap of $57.57 billion, a P/E ratio of 31.57, a P/E/G ratio of 1.15 and a beta of 1.22. The firm’s fifty day moving average is $159.26 and its 200 day moving average is $130.88. Vistra Corp. has a 52 week low of $45.52 and a 52 week high of $199.84. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11.

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