Cambridge Investment Research Advisors Inc. Has $2.09 Million Stake in Vistra Corp. (NYSE:VST)

Cambridge Investment Research Advisors Inc. boosted its stake in Vistra Corp. (NYSE:VST) by 26.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 112,656 shares of the company’s stock after purchasing an additional 23,846 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Vistra were worth $2,090,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Asahi Life Asset Management CO. LTD. bought a new stake in Vistra during the second quarter valued at $389,000. Rockefeller Capital Management L.P. boosted its position in Vistra by 135.0% during the second quarter. Rockefeller Capital Management L.P. now owns 1,680 shares of the company’s stock valued at $30,000 after acquiring an additional 965 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in Vistra by 13.0% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 81,530 shares of the company’s stock valued at $1,512,000 after acquiring an additional 9,375 shares during the last quarter. MMA Asset Management LLC bought a new stake in Vistra during the second quarter valued at $210,000. Finally, Thompson Siegel & Walmsley LLC boosted its position in Vistra by 18.1% during the second quarter. Thompson Siegel & Walmsley LLC now owns 6,539,032 shares of the company’s stock valued at $121,299,000 after acquiring an additional 1,001,369 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Shares of NYSE VST opened at $17.56 on Friday. Vistra Corp. has a fifty-two week low of $15.47 and a fifty-two week high of $24.20. The stock has a market cap of $8.47 billion, a price-to-earnings ratio of -5.34, a PEG ratio of 4.16 and a beta of 0.88. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.82 and a current ratio of 0.91. The firm’s 50-day simple moving average is $18.51 and its 200 day simple moving average is $17.88.

Vistra (NYSE:VST) last announced its quarterly earnings results on Thursday, August 5th. The company reported $0.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by ($0.15). Vistra had a negative net margin of 13.44% and a negative return on equity of 20.81%. The business had revenue of $2.57 billion during the quarter. On average, sell-side analysts predict that Vistra Corp. will post 0.22 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 30th. Investors of record on Thursday, September 16th will be given a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, September 15th. This represents a $0.60 annualized dividend and a yield of 3.42%. Vistra’s payout ratio is 40.54%.

A number of brokerages have commented on VST. Zacks Investment Research cut shares of Vistra from a “hold” rating to a “sell” rating in a research report on Wednesday. Guggenheim raised shares of Vistra from a “neutral” rating to a “buy” rating in a research report on Thursday, July 22nd. Wolfe Research raised shares of Vistra from a “peer perform” rating to an “outperform” rating and set a $25.00 price objective on the stock in a research report on Wednesday, July 7th. Seaport Global Securities increased their price objective on shares of Vistra from $19.50 to $22.00 and gave the stock a “buy” rating in a research report on Monday, June 21st. Finally, Morgan Stanley cut their price objective on shares of Vistra from $27.00 to $25.00 and set an “overweight” rating on the stock in a research report on Thursday, August 19th. One analyst has rated the stock with a sell rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Vistra has a consensus rating of “Buy” and an average price target of $24.13.

In other Vistra news, Director Scott B. Helm purchased 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 19th. The shares were acquired at an average price of $17.98 per share, with a total value of $89,900.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 0.89% of the stock is currently owned by company insiders.

Vistra Company Profile

Vistra Corp. is an energy company, which engages in the provision of electricity and power generation. It operates through the following segments: Retail, Texas, East, West, Sunset and Asset Closure. The Retail segment sells electricity and natural gas to residential, commercial and industrial customers.

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Institutional Ownership by Quarter for Vistra (NYSE:VST)

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