Gunderson Capital Management Inc. Purchases 3,026 Shares of Vistra Corp. (NYSE:VST)

Gunderson Capital Management Inc. grew its holdings in shares of Vistra Corp. (NYSE:VST) by 7.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,427 shares of the company’s stock after purchasing an additional 3,026 shares during the quarter. Vistra makes up approximately 2.9% of Gunderson Capital Management Inc.’s holdings, making the stock its 15th biggest position. Gunderson Capital Management Inc.’s holdings in Vistra were worth $5,987,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Founders Capital Management purchased a new stake in Vistra during the fourth quarter valued at approximately $28,000. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Vistra during the 3rd quarter worth $30,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Vistra during the 3rd quarter valued at $30,000. CVA Family Office LLC increased its stake in shares of Vistra by 1,505.9% in the 3rd quarter. CVA Family Office LLC now owns 273 shares of the company’s stock worth $32,000 after purchasing an additional 256 shares in the last quarter. Finally, RPg Family Wealth Advisory LLC bought a new position in Vistra in the 3rd quarter worth $36,000. Institutional investors own 90.88% of the company’s stock.

Insider Transactions at Vistra

In related news, EVP Stephen J. Muscato sold 207,100 shares of the business’s stock in a transaction on 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 sale, the executive vice president now owns 318,287 shares in the company, valued at approximately $51,352,424.58. The trade was a 39.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Scott A. Hudson sold 115,000 shares of the company’s stock in a transaction on 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 in the company, valued at approximately $41,849,637.12. The trade was a 31.09 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 342,100 shares of company stock valued at $55,087,314. 1.42% of the stock is currently owned by insiders.

Vistra Price Performance

Shares of NYSE:VST opened at $162.63 on Tuesday. The firm has a market cap of $55.33 billion, a price-to-earnings ratio of 30.34, a P/E/G ratio of 1.86 and a beta of 1.21. The firm has a fifty day moving average price of $147.78 and a 200 day moving average price of $114.31. Vistra Corp. has a fifty-two week low of $38.95 and a fifty-two week high of $169.19. 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 announced that its Board of Directors has authorized a stock buyback program on Thursday, November 7th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 2.1% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 20th were given a dividend of $0.221 per share. This is a positive change from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date was Friday, December 20th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.54%. Vistra’s dividend payout ratio (DPR) is presently 16.42%.

Analyst Ratings Changes

A number of brokerages have commented on VST. Morgan Stanley upped their price target on Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. Guggenheim increased their target price on shares of Vistra from $133.00 to $177.00 and gave the stock a “buy” rating in a report on Tuesday, October 8th. 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 research note on Thursday, October 3rd. UBS Group upped their price target on shares of Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research report on Friday, January 3rd. Finally, BMO Capital Markets raised their price objective on shares of Vistra from $146.00 to $147.00 and gave the company an “outperform” rating in a research report on Tuesday, October 29th. Ten investment analysts have rated the stock with a buy rating, According to MarketBeat, Vistra presently has an average rating of “Buy” and an average price target of $151.50.

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.