1,175 Shares in Vistra Corp. $VST Bought by Savvy Advisors Inc.

Savvy Advisors Inc. bought a new position in Vistra Corp. (NYSE:VST) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,175 shares of the company’s stock, valued at approximately $228,000.

Several other hedge funds and other institutional investors also recently modified their holdings of VST. Banque Transatlantique SA lifted its position in Vistra by 132.0% in the 1st quarter. Banque Transatlantique SA now owns 232 shares of the company’s stock valued at $25,000 after purchasing an additional 132 shares during the last quarter. HM Payson & Co. boosted its position in Vistra by 275.4% during the 1st quarter. HM Payson & Co. now owns 229 shares of the company’s stock worth $27,000 after acquiring an additional 168 shares during the period. City State Bank boosted its position in Vistra by 210.0% during the 2nd quarter. City State Bank now owns 155 shares of the company’s stock worth $30,000 after acquiring an additional 105 shares during the period. Keener Financial Planning LLC acquired a new position in shares of Vistra during the first quarter valued at $34,000. Finally, WPG Advisers LLC acquired a new position in shares of Vistra during the first quarter valued at $37,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Stock Down 0.7%

NYSE VST opened at $188.36 on Monday. Vistra Corp. has a 12 month low of $90.51 and a 12 month high of $219.82. The company has a market capitalization of $63.82 billion, a P/E ratio of 30.04, a PEG ratio of 2.67 and a beta of 1.30. The company’s 50 day simple moving average is $199.50 and its 200 day simple moving average is $182.62. The company has a debt-to-equity ratio of 6.58, a current ratio of 0.90 and a quick ratio of 0.80.

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

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be given a dividend of $0.227 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, December 22nd. Vistra’s payout ratio is presently 14.35%.

Insider Activity at Vistra

In related news, CEO James A. Burke sold 9,641 shares of the stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $192.30, for a total value of $1,853,964.30. Following the completion of the transaction, the chief executive officer owned 298,967 shares in the company, valued at $57,491,354.10. This trade represents a 3.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold 723,910 shares of company stock worth $148,086,569 over the last three months. Corporate insiders own 1.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on VST shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Vistra in a research report on Thursday. Scotiabank initiated coverage on shares of Vistra in a research note on Monday, September 22nd. They issued a “sector outperform” rating and a $256.00 price target for the company. Cowen initiated coverage on shares of Vistra in a research note on Wednesday, October 15th. They set a “buy” rating on the stock. Jefferies Financial Group reissued a “hold” rating and set a $230.00 target price (down previously from $241.00) on shares of Vistra in a report on Monday, September 22nd. Finally, Wall Street Zen lowered Vistra from a “hold” rating to a “sell” rating in a research note on Friday, September 5th. Four analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $229.93.

About Vistra

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.