Apollon Wealth Management LLC Buys 170 Shares of Vistra Corp. $VST

Apollon Wealth Management LLC raised its stake in Vistra Corp. (NYSE:VST) by 1.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,741 shares of the company’s stock after buying an additional 170 shares during the period. Apollon Wealth Management LLC’s holdings in Vistra were worth $1,888,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VST. Farther Finance Advisors LLC grew its position in shares of Vistra by 175.3% in the 1st quarter. Farther Finance Advisors LLC now owns 2,987 shares of the company’s stock valued at $365,000 after buying an additional 1,902 shares during the last quarter. Opal Wealth Advisors LLC bought a new stake in shares of Vistra in the 1st quarter valued at about $46,000. Dynamic Advisor Solutions LLC bought a new stake in shares of Vistra in the 1st quarter valued at about $432,000. Warther Private Wealth LLC bought a new stake in shares of Vistra during the 1st quarter valued at about $13,393,000. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH bought a new stake in shares of Vistra during the 1st quarter valued at about $991,000. Institutional investors own 90.88% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on VST shares. Morgan Stanley upped their target price on Vistra from $207.00 to $223.00 and gave the company an “overweight” rating in a research report on Thursday, September 25th. Daiwa America upgraded Vistra from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 17th. Weiss Ratings restated a “buy (b)” rating on shares of Vistra in a research report on Wednesday, October 8th. BMO Capital Markets upped their target price on Vistra from $229.00 to $236.00 and gave the company an “outperform” rating in a research report on Friday, October 3rd. Finally, Melius started coverage on Vistra in a report on Wednesday, August 20th. They issued a “buy” rating and a $295.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $227.58.

Vistra Stock Performance

Shares of Vistra stock opened at $209.22 on Tuesday. The business has a 50 day moving average price of $200.38 and a 200-day moving average price of $173.85. Vistra Corp. has a 52 week low of $90.51 and a 52 week high of $219.82. The company has a market cap of $70.89 billion, a PE ratio of 33.37, a price-to-earnings-growth ratio of 2.92 and a beta of 1.33. The company has a quick ratio of 0.80, a current ratio of 0.90 and a debt-to-equity ratio of 6.58.

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

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 19th were paid a dividend of $0.226 per share. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.90 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Friday, September 19th. Vistra’s dividend payout ratio is 14.35%.

Insider Transactions at Vistra

In related news, CEO James A. Burke sold 21,365 shares of Vistra stock in a transaction on Thursday, October 9th. The stock was sold at an average price of $207.55, for a total transaction of $4,434,305.75. Following the completion of the sale, the chief executive officer owned 269,368 shares of the company’s stock, valued at approximately $55,907,328.40. This trade represents a 7.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 463,350 shares of company stock worth $95,374,138 over the last three months. 1.42% of the stock is currently owned by company insiders.

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.