TKG Advisors LLC Purchases Shares of 1,734 Vistra Corp. (NYSE:VST)

TKG Advisors LLC acquired a new position in shares of Vistra Corp. (NYSE:VST) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,734 shares of the company’s stock, valued at approximately $239,000.

Other institutional investors also recently modified their holdings of the company. Avior Wealth Management LLC grew its stake in Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock worth $25,000 after buying an additional 65 shares in the last quarter. Pathway Financial Advisers LLC grew its position in Vistra by 616.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock worth $25,000 after acquiring an additional 154 shares in the last quarter. Founders Capital Management purchased a new position in Vistra in the fourth quarter worth $28,000. West Branch Capital LLC bought a new position in Vistra in the fourth quarter valued at $28,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in Vistra during the fourth quarter valued at about $28,000. 90.88% of the stock is currently owned by institutional investors.

Insider Activity at Vistra

In other Vistra news, EVP Scott A. Hudson sold 115,000 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $164.16, for a total transaction 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 approximately $41,849,637.12. This trade represents a 31.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Scott B. Helm sold 20,000 shares of Vistra 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 directly owns 343,350 shares of the company’s stock, valued at approximately $47,990,029.50. This trade represents 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 quarter. 1.42% of the stock is owned by corporate insiders.

Vistra Trading Up 0.9 %

NYSE VST opened at $169.21 on Wednesday. The stock has a market cap of $57.57 billion, a P/E ratio of 31.57, a price-to-earnings-growth ratio of 1.15 and a beta of 1.22. Vistra Corp. has a fifty-two week low of $45.52 and a fifty-two week high of $199.84. The stock has a 50 day simple moving average of $159.26 and a two-hundred day simple moving average of $130.88. 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 announced that its board has approved a stock buyback program on Thursday, November 7th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

Several brokerages have recently commented on VST. Evercore ISI began coverage on Vistra in a research report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price objective on the stock. BMO Capital Markets increased their price target on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research report on Wednesday, January 22nd. Morgan Stanley upped their price objective on shares of Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. Bank of America initiated coverage on shares of Vistra in a report on Monday, January 27th. They set a “neutral” rating and a $206.00 target price on the stock. Finally, UBS Group boosted their price target on shares of Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. One equities research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $171.64.

About Vistra

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.