Valley Brook Capital Group Inc. Purchases 335 Shares of Vistra Corp. $VST

Valley Brook Capital Group Inc. raised its position in shares of Vistra Corp. (NYSE:VST) by 14.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,660 shares of the company’s stock after acquiring an additional 335 shares during the period. Valley Brook Capital Group Inc.’s holdings in Vistra were worth $516,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of VST. CWM LLC raised its position in shares of Vistra by 20.3% during the second quarter. CWM LLC now owns 12,567 shares of the company’s stock valued at $2,436,000 after buying an additional 2,119 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of Vistra by 16.8% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 47,928 shares of the company’s stock valued at $9,290,000 after buying an additional 6,901 shares during the last quarter. Sovereign Financial Group Inc. acquired a new position in shares of Vistra during the second quarter valued at about $229,000. Concurrent Investment Advisors LLC acquired a new position in shares of Vistra during the second quarter valued at about $402,000. Finally, Johnson Investment Counsel Inc. acquired a new position in shares of Vistra during the second quarter valued at about $323,000. 90.88% of the stock is currently owned by institutional investors.

Vistra Price Performance

VST opened at $197.17 on Friday. Vistra Corp. has a one year low of $90.51 and a one year high of $219.82. The company has a debt-to-equity ratio of 6.58, a current ratio of 0.90 and a quick ratio of 0.80. The company’s 50 day simple moving average is $200.48 and its 200-day simple moving average is $172.84. The stock has a market capitalization of $66.80 billion, a P/E ratio of 31.45, a price-to-earnings-growth ratio of 2.92 and a beta of 1.33.

Vistra (NYSE:VST) last announced its quarterly earnings data on Thursday, August 7th. The company reported $1.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.62). Vistra had a net margin of 12.90% and a return on equity of 108.41%. The business had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $5.15 billion. Sell-side analysts anticipate that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 19th were issued a dividend of $0.226 per share. The ex-dividend date was Friday, September 19th. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.5%. Vistra’s dividend payout ratio (DPR) is 14.35%.

Insider Activity at Vistra

In related news, CEO James A. Burke sold 21,365 shares of the firm’s stock in a transaction on Thursday, October 9th. The shares were sold at an average price of $207.55, for a total transaction of $4,434,305.75. Following the sale, the chief executive officer directly owned 269,368 shares in the company, valued at $55,907,328.40. This trade represents a 7.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have sold 463,350 shares of company stock worth $95,374,138 in the last quarter. Company insiders own 1.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Wall Street Zen lowered shares of Vistra from a “hold” rating to a “sell” rating in a research report on Friday, September 5th. Daiwa America raised shares of Vistra from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 17th. Jefferies Financial Group reissued a “hold” rating and issued a $230.00 price target (down previously from $241.00) on shares of Vistra in a research report on Monday, September 22nd. Scotiabank assumed coverage on shares of Vistra in a research report on Monday, September 22nd. They issued a “sector outperform” rating and a $256.00 price target for the company. Finally, Daiwa Capital Markets raised shares of Vistra from a “neutral” rating to a “buy” rating and set a $250.00 price target for the company in a research report on Wednesday, September 17th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $227.85.

Vistra 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.