Good Life Advisors LLC Acquires 871 Shares of Vistra Corp. (NYSE:VST)

Good Life Advisors LLC grew its position in Vistra Corp. (NYSE:VST) by 31.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,631 shares of the company’s stock after purchasing an additional 871 shares during the period. Good Life Advisors LLC’s holdings in Vistra were worth $501,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in VST. Creative Planning increased its holdings in Vistra by 33.3% in the third quarter. Creative Planning now owns 31,052 shares of the company’s stock valued at $3,681,000 after purchasing an additional 7,753 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Vistra by 43.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 235,198 shares of the company’s stock worth $27,880,000 after buying an additional 70,780 shares during the period. Foundations Investment Advisors LLC bought a new stake in Vistra in the 3rd quarter valued at $216,000. Signaturefd LLC lifted its holdings in shares of Vistra by 12.6% in the third quarter. Signaturefd LLC now owns 2,604 shares of the company’s stock valued at $309,000 after purchasing an additional 292 shares in the last quarter. Finally, Segment Wealth Management LLC acquired a new position in Vistra during the 3rd quarter worth approximately $389,000. 90.88% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

VST has been the subject of several recent research reports. Bank of America assumed coverage on Vistra in a research report on Monday, January 27th. They set a “neutral” rating and a $206.00 price target for the company. UBS Group upped their price target on shares of Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. 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 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. Finally, Morgan Stanley raised their price objective on Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. One research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, Vistra has a consensus rating of “Moderate Buy” and a consensus target price of $171.64.

Insider Buying and Selling

In related news, EVP Scott A. Hudson sold 115,000 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $164.16, for a total value 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. The trade was a 31.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Scott B. Helm sold 20,000 shares of the 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 sale, the director now owns 343,350 shares of the company’s stock, 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. 1.42% of the stock is owned by insiders.

Vistra Stock Down 3.8 %

Shares of VST opened at $162.93 on Friday. The company has a market capitalization of $55.43 billion, a PE ratio of 30.40, a PEG ratio of 1.16 and a beta of 1.22. The stock’s 50-day moving average price is $160.08 and its two-hundred day moving average price is $131.37. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. Vistra Corp. has a 12 month low of $45.80 and a 12 month high of $199.84.

Vistra declared that its Board of Directors has initiated a stock buyback plan on Thursday, November 7th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

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.