Rational Advisors LLC Makes New $258,000 Investment in Vistra Corp. (NYSE:VST)

Rational Advisors LLC bought a new stake in shares of Vistra Corp. (NYSE:VST) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,874 shares of the company’s stock, valued at approximately $258,000.

Several other hedge funds have also made changes to their positions in the company. Lionsbridge Wealth Management LLC purchased a new stake in Vistra in the fourth quarter worth about $277,000. Dakota Wealth Management bought a new stake in shares of Vistra in the 4th quarter valued at about $231,000. Empire Life Investments Inc. purchased a new stake in shares of Vistra in the 3rd quarter worth approximately $23,028,000. Retirement Systems of Alabama boosted its stake in shares of Vistra by 9.6% during the third quarter. Retirement Systems of Alabama now owns 78,965 shares of the company’s stock valued at $9,361,000 after purchasing an additional 6,920 shares in the last quarter. Finally, First Sabrepoint Capital Management LP purchased a new position in Vistra during the third quarter valued at approximately $17,781,000. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Vistra Stock Performance

Shares of Vistra stock opened at $167.59 on Monday. The company has a 50 day moving average price of $158.32 and a 200 day moving average price of $129.55. The firm has a market capitalization of $57.02 billion, a P/E ratio of 31.27, a PEG ratio of 1.17 and a beta of 1.22. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. Vistra Corp. has a 52 week low of $44.25 and a 52 week high of $199.84.

Vistra announced that its board has authorized a share buyback program on Thursday, November 7th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to reacquire up to 2.1% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In other Vistra news, Director Scott B. Helm sold 20,000 shares of the business’s stock in a transaction dated Tuesday, December 10th. The stock was 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 in the company, valued at approximately $47,990,029.50. The trade was a 5.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Stephen J. Muscato sold 207,100 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $161.34, for a total value of $33,413,514.00. Following the completion of the transaction, the executive vice president now owns 318,287 shares of the company’s stock, valued at approximately $51,352,424.58. The trade was a 39.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 342,100 shares of company stock valued at $55,087,314. Insiders own 1.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on VST. BMO Capital Markets upped their target price on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. Bank of America initiated coverage on Vistra in a research report on Monday, January 27th. They set a “neutral” rating and a $206.00 price objective on the stock. Morgan Stanley lifted their target price on Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. UBS Group increased their price target on shares of Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research report on Friday, January 3rd. Finally, Evercore ISI started coverage on shares of Vistra in a research report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price objective on the stock. One analyst has rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.