Comprehensive Financial Planning Inc. PA Invests $28,000 in Vistra Corp. (NYSE:VST)

Comprehensive Financial Planning Inc. PA bought a new position in shares of Vistra Corp. (NYSE:VST) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 200 shares of the company’s stock, valued at approximately $28,000.

Several other large investors have also recently bought and sold shares of VST. Avior Wealth Management LLC increased its stake in Vistra by 56.5% in the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after purchasing an additional 65 shares during the last quarter. Founders Capital Management acquired a new stake in Vistra during the 4th quarter worth $28,000. West Branch Capital LLC purchased a new stake in Vistra in the fourth quarter valued at $28,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Vistra in the third quarter valued at $30,000. Finally, Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Vistra in the 3rd quarter valued at about $30,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insider Activity at Vistra

In other news, EVP Stephen J. Muscato sold 207,100 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $161.34, for a total value of $33,413,514.00. Following the transaction, 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Scott A. Hudson sold 115,000 shares of the business’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 sale, the executive vice president now directly owns 254,932 shares of the company’s stock, valued at approximately $41,849,637.12. This represents a 31.09 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 342,100 shares of company stock valued at $55,087,314. Corporate insiders own 1.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on VST. Bank of America started coverage on Vistra in a research note on Monday, January 27th. They set a “neutral” rating and a $206.00 price target on the stock. BNP Paribas assumed coverage on shares of Vistra in a report on Monday, October 14th. They issued an “outperform” rating and a $231.00 target price on the stock. JPMorgan Chase & Co. assumed coverage on shares of Vistra in a research note on Thursday, October 17th. They issued an “overweight” rating and a $178.00 price objective on the stock. Evercore ISI initiated coverage on Vistra in a report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price target on the stock. Finally, BMO Capital Markets upped their price target on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. One equities research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, Vistra currently has a consensus rating of “Moderate Buy” and a consensus price target of $171.64.

Vistra Trading Up 0.9 %

Shares of NYSE VST opened at $168.33 on Tuesday. The stock has a market capitalization of $57.27 billion, a P/E ratio of 31.41, a PEG ratio of 1.17 and a beta of 1.22. The stock’s 50 day moving average price is $157.70 and its two-hundred day moving average price is $126.90. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. Vistra Corp. has a 52-week low of $42.22 and a 52-week high of $199.84.

Vistra declared that its board has initiated a stock buyback plan on Thursday, November 7th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 2.1% of its shares through open market purchases. Shares repurchase plans are usually a sign 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.