Vistra Corp. (NYSE:VST) is Guyasuta Investment Advisors Inc.’s 5th Largest Position

Guyasuta Investment Advisors Inc. trimmed its position in Vistra Corp. (NYSE:VST) by 2.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 487,398 shares of the company’s stock after selling 13,050 shares during the quarter. Vistra comprises approximately 4.2% of Guyasuta Investment Advisors Inc.’s holdings, making the stock its 5th biggest position. Guyasuta Investment Advisors Inc.’s holdings in Vistra were worth $67,198,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aveo Capital Partners LLC purchased a new stake in Vistra in the 4th quarter worth approximately $253,000. Manchester Capital Management LLC grew its holdings in Vistra by 22.7% during the 4th quarter. Manchester Capital Management LLC now owns 1,867 shares of the company’s stock valued at $257,000 after buying an additional 346 shares in the last quarter. Empire Life Investments Inc. grew its holdings in Vistra by 0.9% during the 4th quarter. Empire Life Investments Inc. now owns 195,947 shares of the company’s stock valued at $27,015,000 after buying an additional 1,681 shares in the last quarter. Myriad Asset Management US LP purchased a new stake in Vistra during the 4th quarter valued at approximately $962,000. Finally, Spinnaker Trust purchased a new stake in Vistra during the 4th quarter valued at approximately $231,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Scott A. Hudson sold 115,000 shares of the company’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 owns 254,932 shares in the company, valued at $41,849,637.12. This represents a 31.09 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, 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 transaction of $2,795,400.00. Following the transaction, the director now owns 343,350 shares in the company, valued at approximately $47,990,029.50. This trade represents a 5.50 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 342,100 shares of company stock worth $55,087,314. 1.42% of the stock is owned by corporate insiders.

Vistra Stock Performance

VST stock opened at $167.59 on Friday. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The business has a 50-day moving average price of $158.32 and a 200 day moving average price of $128.78. The company 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. Vistra Corp. has a 1-year low of $44.25 and a 1-year high of $199.84.

Vistra declared that its board has initiated a stock buyback plan on Thursday, November 7th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 2.1% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

VST has been the subject of a number of research analyst reports. Evercore ISI initiated coverage on shares of Vistra in a report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price objective for the company. BMO Capital Markets increased their price objective on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a report on Wednesday, January 22nd. UBS Group raised their target price on shares of Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a report on Friday, January 3rd. 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. Finally, Bank of America started coverage on shares of Vistra in a research note on Monday, January 27th. They set a “neutral” rating and a $206.00 price objective for the company. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price 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.