Nvwm LLC Sells 1,773 Shares of Vistra Corp. (NYSE:VST)

Nvwm LLC lessened its stake in shares of Vistra Corp. (NYSE:VST) by 17.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,673 shares of the company’s stock after selling 1,773 shares during the period. Nvwm LLC’s holdings in Vistra were worth $1,196,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Money Concepts Capital Corp boosted its position in Vistra by 2.5% during the fourth quarter. Money Concepts Capital Corp now owns 6,635 shares of the company’s stock valued at $915,000 after purchasing an additional 164 shares in the last quarter. Spirit of America Management Corp NY raised its stake in Vistra by 20.7% in the fourth quarter. Spirit of America Management Corp NY now owns 16,650 shares of the company’s stock valued at $2,296,000 after buying an additional 2,850 shares during the last quarter. Stratos Wealth Partners LTD. boosted its holdings in Vistra by 48.2% in the fourth quarter. Stratos Wealth Partners LTD. now owns 11,243 shares of the company’s stock worth $1,550,000 after acquiring an additional 3,658 shares in the last quarter. GPS Wealth Strategies Group LLC increased its holdings in shares of Vistra by 115.1% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 29,985 shares of the company’s stock valued at $4,134,000 after acquiring an additional 16,048 shares in the last quarter. Finally, Riggs Asset Managment Co. Inc. raised its position in shares of Vistra by 52.3% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 15,198 shares of the company’s stock valued at $2,129,000 after purchasing an additional 5,219 shares during the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insider Activity

In other Vistra news, Director Scott B. Helm sold 20,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the director now directly owns 343,350 shares of the company’s stock, valued at $47,990,029.50. This represents a 5.50 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Scott A. Hudson sold 115,000 shares of Vistra stock in a transaction dated 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 owns 254,932 shares of the company’s stock, valued at $41,849,637.12. This trade represents a 31.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 342,100 shares of company stock valued at $55,087,314 in the last ninety days. Company insiders own 1.42% of the company’s stock.

Vistra Stock Performance

NYSE:VST opened at $168.35 on Wednesday. The firm’s fifty day simple moving average is $156.64 and its 200-day simple moving average is $124.26. 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 $57.28 billion, a PE ratio of 31.41, a price-to-earnings-growth ratio of 1.15 and a beta of 1.22. Vistra Corp. has a fifty-two week low of $42.22 and a fifty-two week high of $199.84.

Vistra (NYSE:VST) last announced its earnings results on Thursday, November 7th. The company reported $5.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $4.01. The company 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 previous year, the business posted $1.25 earnings per share. Analysts expect that Vistra Corp. will post 7 earnings per share for the current fiscal year.

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

Wall Street Analysts Forecast Growth

Several research firms have recently commented on VST. Morgan Stanley lifted their price objective on shares of Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. BMO Capital Markets boosted their price target on Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research note on Wednesday, January 22nd. JPMorgan Chase & Co. began coverage on Vistra in a research note on Thursday, October 17th. They issued an “overweight” rating and a $178.00 price objective for the company. Evercore ISI began coverage on Vistra in a research report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price on the stock. Finally, Guggenheim raised their price target on shares of Vistra from $133.00 to $177.00 and gave the stock a “buy” rating in a research report on Tuesday, October 8th. One research analyst has rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $171.64.

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.