1,602 Shares in Vistra Corp. (NYSE:VST) Purchased by Burns Matteson Capital Management LLC

Burns Matteson Capital Management LLC acquired a new stake in shares of Vistra Corp. (NYSE:VST) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,602 shares of the company’s stock, valued at approximately $221,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of VST. Lionsbridge Wealth Management LLC acquired a new stake in shares of Vistra during the fourth quarter worth approximately $277,000. Dakota Wealth Management bought a new position in Vistra during the 4th quarter valued at $231,000. Empire Life Investments Inc. acquired a new position in Vistra during the 3rd quarter worth $23,028,000. Retirement Systems of Alabama increased its position in shares of Vistra by 9.6% in the 3rd quarter. Retirement Systems of Alabama now owns 78,965 shares of the company’s stock worth $9,361,000 after purchasing an additional 6,920 shares during the last quarter. Finally, Terra Nova Asset Management LLC acquired a new stake in shares of Vistra in the 3rd quarter valued at about $842,000. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Vistra

In related news, Director Scott B. Helm sold 20,000 shares of the company’s stock in a transaction dated 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 owns 343,350 shares of the company’s stock, valued at $47,990,029.50. This represents a 5.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 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 transaction 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. The trade was a 31.09 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 342,100 shares of company stock worth $55,087,314. Company insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on VST shares. Bank of America began coverage on Vistra in a research note on Monday, January 27th. They issued a “neutral” rating and a $206.00 price target for the company. JPMorgan Chase & Co. initiated coverage on Vistra in a research report on Thursday, October 17th. They issued an “overweight” rating and a $178.00 target price for the company. Morgan Stanley upped their price target on Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a research report on Friday, November 22nd. UBS Group raised their price objective on Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. Finally, BNP Paribas began coverage on shares of Vistra in a research note on Monday, October 14th. They set an “outperform” rating and a $231.00 target price for the company. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, Vistra currently has an average rating of “Moderate Buy” and an average target price of $171.64.

Vistra Stock Performance

Shares of VST opened at $166.71 on Monday. The firm has a fifty day moving average of $157.42 and a 200-day moving average of $126.21. The company has a market cap of $56.72 billion, a price-to-earnings ratio of 31.10, a price-to-earnings-growth ratio of 1.17 and a beta of 1.22. 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 Corp. has a 1 year low of $42.22 and a 1 year high of $199.84.

Vistra (NYSE:VST) last posted its earnings results on Thursday, November 7th. The company reported $5.25 EPS for the quarter, topping the consensus estimate of $1.24 by $4.01. The firm had revenue of $6.29 billion during the quarter, compared to analysts’ expectations of $4.96 billion. Vistra had a net margin of 12.51% and a return on equity of 57.63%. During the same quarter in the prior year, the firm earned $1.25 EPS. As a group, equities analysts anticipate that Vistra Corp. will post 7 earnings per share for the current year.

Vistra declared that its Board of Directors has initiated a share repurchase plan on Thursday, November 7th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the company to purchase up to 2.1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board 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.