Vistra Corp. (NYSE:VST) Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. reduced its stake in Vistra Corp. (NYSE:VST) by 17.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 581 shares of the company’s stock after selling 126 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Vistra were worth $80,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of VST. Avior Wealth Management LLC increased its stake in Vistra by 56.5% in the 4th 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 period. Galvin Gaustad & Stein LLC increased its stake in shares of Vistra by 3.6% during the fourth quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company’s stock worth $286,000 after acquiring an additional 73 shares during the period. Forum Financial Management LP raised its holdings in Vistra by 0.7% during the third quarter. Forum Financial Management LP now owns 11,527 shares of the company’s stock worth $1,366,000 after purchasing an additional 80 shares in the last quarter. Umpqua Bank lifted its position in Vistra by 2.2% in the third 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 boosted its holdings in Vistra by 3.0% in 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 and hedge funds own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. UBS Group increased their target price on Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. BNP Paribas assumed coverage on Vistra in a report on Monday, October 14th. They issued an “outperform” rating and a $231.00 target price for the company. Guggenheim upped their price target on shares of Vistra from $133.00 to $177.00 and gave the stock a “buy” rating in a research note on Tuesday, October 8th. BMO Capital Markets boosted their price objective on shares of Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. Finally, Bank of America assumed coverage on shares of Vistra in a report on Monday, January 27th. They issued a “neutral” rating and a $206.00 target price for the company. One research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $171.64.

Insider Transactions at Vistra

In related news, EVP Scott A. Hudson sold 115,000 shares of the company’s stock in a transaction 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 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Scott B. Helm sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The stock was 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 directly owns 343,350 shares in the company, valued at approximately $47,990,029.50. The trade was a 5.50 % decrease in their ownership of the stock. 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 ninety days. 1.42% of the stock is currently owned by corporate insiders.

Vistra Trading Down 4.7 %

Shares of Vistra stock opened at $168.08 on Friday. The business has a 50 day moving average price of $156.24 and a 200 day moving average price of $122.39. The company has a market capitalization 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 has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. Vistra Corp. has a 1 year low of $40.78 and a 1 year high of $199.84.

Vistra (NYSE:VST) last posted its quarterly earnings data 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 business had revenue of $6.29 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same quarter last year, the company earned $1.25 earnings per share. Sell-side analysts anticipate that Vistra Corp. will post 7 EPS for the current fiscal year.

Vistra declared that its board has authorized a share buyback program on Thursday, November 7th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to buy up to 2.1% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

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.