Catalyst Financial Partners LLC Acquires 186 Shares of Vistra Corp. (NYSE:VST)

Catalyst Financial Partners LLC lifted its position in shares of Vistra Corp. (NYSE:VST) by 7.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,623 shares of the company’s stock after acquiring an additional 186 shares during the quarter. Catalyst Financial Partners LLC’s holdings in Vistra were worth $362,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Lionsbridge Wealth Management LLC bought a new position in shares of Vistra during the 4th quarter worth $277,000. Dakota Wealth Management bought a new position in shares of Vistra during the 4th quarter worth $231,000. Empire Life Investments Inc. bought a new position in shares of Vistra during the 3rd quarter worth $23,028,000. Retirement Systems of Alabama grew its stake in shares of Vistra by 9.6% during the 3rd quarter. Retirement Systems of Alabama now owns 78,965 shares of the company’s stock worth $9,361,000 after acquiring an additional 6,920 shares during the period. Finally, First Sabrepoint Capital Management LP bought a new position in shares of Vistra during the 3rd quarter worth $17,781,000. Institutional investors own 90.88% of the company’s stock.

Analyst Upgrades and Downgrades

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

Vistra Price Performance

Shares of Vistra stock opened at $167.59 on Friday. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. The firm has a market capitalization of $57.02 billion, a PE ratio of 31.27, a price-to-earnings-growth ratio of 1.17 and a beta of 1.22. The business’s 50-day moving average price is $158.32 and its 200-day moving average price is $128.78. Vistra Corp. has a 12 month low of $44.25 and a 12 month high of $199.84.

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

Insider Buying and Selling

In other news, EVP Stephen J. Muscato sold 207,100 shares of Vistra stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $161.34, for a total value of $33,413,514.00. Following the sale, the executive vice president now directly owns 318,287 shares in the company, valued at approximately $51,352,424.58. This trade represents a 39.42 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Scott B. Helm sold 20,000 shares of Vistra 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 completion of the sale, the director now owns 343,350 shares in the company, valued at approximately $47,990,029.50. This represents a 5.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 342,100 shares of company stock worth $55,087,314 in the last ninety days. 1.42% of the stock is owned by insiders.

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.