Vistra Corp. (NYSE:VST) Shares Sold by Kirr Marbach & Co. LLC IN

Kirr Marbach & Co. LLC IN lessened its position in shares of Vistra Corp. (NYSE:VST) by 27.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 217,144 shares of the company’s stock after selling 83,141 shares during the quarter. Vistra comprises about 6.5% of Kirr Marbach & Co. LLC IN’s investment portfolio, making the stock its 3rd largest position. Kirr Marbach & Co. LLC IN owned approximately 0.06% of Vistra worth $29,938,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA lifted its stake in Vistra by 51.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 3,826,631 shares of the company’s stock valued at $453,609,000 after buying an additional 1,293,974 shares during the period. State Street Corp boosted its stake in Vistra by 6.8% during the 3rd quarter. State Street Corp now owns 16,355,255 shares of the company’s stock worth $1,938,752,000 after acquiring an additional 1,037,402 shares during the last quarter. Janus Henderson Group PLC grew its holdings in Vistra by 36.0% during the third quarter. Janus Henderson Group PLC now owns 3,781,908 shares of the company’s stock valued at $448,320,000 after purchasing an additional 1,000,307 shares during the period. Rubric Capital Management LP increased its stake in Vistra by 60.1% in the third quarter. Rubric Capital Management LP now owns 2,125,000 shares of the company’s stock valued at $251,898,000 after purchasing an additional 797,894 shares in the last quarter. Finally, Artemis Investment Management LLP raised its holdings in Vistra by 400.9% in the third quarter. Artemis Investment Management LLP now owns 827,000 shares of the company’s stock worth $98,033,000 after purchasing an additional 661,881 shares during the period. Institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling at Vistra

In related news, EVP Stephen J. Muscato sold 207,100 shares of the stock in a transaction 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 owns 318,287 shares in the company, valued at approximately $51,352,424.58. This represents a 39.42 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Scott A. Hudson sold 115,000 shares of Vistra 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 transaction, the executive vice president now directly 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 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 currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on VST. JPMorgan Chase & Co. assumed coverage on shares of Vistra in a research report on Thursday, October 17th. They issued an “overweight” rating and a $178.00 price objective for the company. Guggenheim raised their price target on Vistra from $133.00 to $177.00 and gave the stock a “buy” rating in a research report on Tuesday, October 8th. BNP Paribas initiated coverage on Vistra in a research report on Monday, October 14th. They issued an “outperform” rating and a $231.00 price objective for the company. Royal Bank of Canada raised their target price on shares of Vistra from $105.00 to $141.00 and gave the stock an “outperform” rating in a report on Thursday, October 3rd. Finally, Morgan Stanley lifted their price target 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. One research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, Vistra currently has a consensus rating of “Moderate Buy” and an average target price of $171.64.

Vistra Stock Up 9.0 %

Shares of VST stock opened at $149.41 on Wednesday. The firm’s fifty day moving average price is $155.89 and its two-hundred day moving average price is $121.20. Vistra Corp. has a 1 year low of $40.54 and a 1 year high of $199.84. 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 $50.83 billion, a P/E ratio of 27.87, a PEG ratio of 1.77 and a beta of 1.21.

Vistra (NYSE:VST) last posted its quarterly earnings results on Thursday, November 7th. The company reported $5.25 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $4.01. Vistra had a return on equity of 57.63% and a net margin of 12.51%. The firm had revenue of $6.29 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same period last year, the company earned $1.25 earnings per share. On average, equities analysts predict that Vistra Corp. will post 4.48 EPS for the current fiscal year.

Vistra announced that its Board of Directors has approved a stock repurchase program on Thursday, November 7th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its stock is 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.