Calamos Advisors LLC reduced its position in Vistra Corp. (NYSE:VST - Free Report) by 26.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 133,574 shares of the company's stock after selling 46,868 shares during the quarter. Calamos Advisors LLC's holdings in Vistra were worth $18,416,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in VST. Creative Planning raised its holdings in Vistra by 36.2% during the 2nd quarter. Creative Planning now owns 23,299 shares of the company's stock worth $2,003,000 after buying an additional 6,190 shares during the period. B. Riley Wealth Advisors Inc. acquired a new stake in Vistra in the 2nd quarter valued at about $215,000. Cetera Investment Advisers grew its holdings in Vistra by 5.6% during the second quarter. Cetera Investment Advisers now owns 96,680 shares of the company's stock worth $8,313,000 after purchasing an additional 5,094 shares during the period. Centaurus Financial Inc. acquired a new stake in shares of Vistra in the second quarter valued at approximately $108,000. Finally, Czech National Bank boosted its stake in shares of Vistra by 12.4% during the 3rd quarter. Czech National Bank now owns 69,987 shares of the company's stock worth $8,296,000 after acquiring an additional 7,747 shares during the period. 90.88% of the stock is owned by institutional investors.
Shares of NYSE:VST opened at $168.45 on Tuesday. The firm has a market cap of $57.31 billion, a PE ratio of 31.43, a price-to-earnings-growth ratio of 1.15 and a beta of 1.22. Vistra Corp. has a 52 week low of $42.22 and a 52 week high of $199.84. The firm's fifty day moving average is $156.53 and its 200-day moving average is $123.62. 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 (NYSE:VST - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported $5.25 EPS for the quarter, beating analysts' consensus estimates of $1.24 by $4.01. The business had revenue of $6.29 billion for the quarter, compared to analysts' expectations of $4.96 billion. Vistra had a net margin of 12.51% and a return on equity of 57.63%. During the same quarter in the prior year, the firm posted $1.25 earnings per share. Sell-side analysts predict that Vistra Corp. will post 7 earnings per share for the current year.
Vistra declared that its board has authorized a stock repurchase plan on Thursday, November 7th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the company to purchase up to 2.1% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.
In other news, Director Scott B. Helm sold 20,000 shares of the business's stock in a transaction on 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 completion of the transaction, the director now directly owns 343,350 shares in the company, valued at $47,990,029.50. The trade was a 5.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Scott A. Hudson sold 115,000 shares of Vistra stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $164.16, for a total value 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 trade represents a 31.09 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 342,100 shares of company stock valued at $55,087,314. Corporate insiders own 1.42% of the company's stock.
A number of brokerages recently commented on VST. BNP Paribas assumed coverage on shares of Vistra in a research note on Monday, October 14th. They issued an "outperform" rating and a $231.00 price target on the stock. Bank of America initiated coverage on shares of Vistra in a research report on Monday, January 27th. They set a "neutral" rating and a $206.00 target price on the stock. JPMorgan Chase & Co. started coverage on Vistra in a research note on Thursday, October 17th. They set an "overweight" rating and a $178.00 price objective on the stock. Evercore ISI began coverage on Vistra in a report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 target price on the stock. Finally, Morgan Stanley boosted their price target on Vistra from $135.00 to $169.00 and gave the company an "overweight" rating in a research note on Friday, November 22nd. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $171.64.
Check Out Our Latest Stock Analysis on VST
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.
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