GPS Wealth Strategies Group LLC cut its holdings in Vistra Corp. (NYSE:VST – Free Report) by 98.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,028 shares of the company’s stock after selling 77,968 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Vistra were worth $166,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of VST. Empowered Funds LLC raised its holdings in Vistra by 24.1% in the 1st quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock valued at $2,371,000 after acquiring an additional 3,920 shares during the last quarter. Woodline Partners LP raised its holdings in Vistra by 40.7% in the 1st quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock valued at $3,376,000 after acquiring an additional 8,312 shares during the last quarter. Focus Partners Wealth raised its holdings in Vistra by 37.3% in the 1st quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock valued at $920,000 after acquiring an additional 2,125 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Vistra in the 2nd quarter valued at $269,000. Finally, Slocum Gordon & Co LLP increased its holdings in shares of Vistra by 20.0% during the 2nd quarter. Slocum Gordon & Co LLP now owns 1,200 shares of the company’s stock worth $233,000 after buying an additional 200 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts have recently commented on VST shares. Morgan Stanley restated an “overweight” rating and set a $212.00 price objective on shares of Vistra in a report on Thursday. Jefferies Financial Group restated a “buy” rating and set a $190.00 price objective on shares of Vistra in a report on Thursday. Raymond James Financial set a $208.00 price objective on Vistra in a report on Monday, April 27th. Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Finally, The Goldman Sachs Group upgraded Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective for the company in a report on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $233.33.
Insiders Place Their Bets
In related news, EVP Stephanie Zapata Moore sold 10,000 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the completion of the sale, the executive vice president directly owned 114,409 shares of the company’s stock, valued at approximately $18,340,906.79. This represents a 8.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.92% of the company’s stock.
Vistra Trading Up 4.9%
VST stock opened at $156.40 on Friday. The company has a market cap of $52.73 billion, a price-to-earnings ratio of 26.20, a PEG ratio of 0.85 and a beta of 1.43. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51. The business has a fifty day simple moving average of $154.49 and a 200-day simple moving average of $163.07. Vistra Corp. has a 52 week low of $132.66 and a 52 week high of $219.82.
Vistra (NYSE:VST – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $1.55. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The business had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.22 billion. On average, equities research analysts expect that Vistra Corp. will post 9.3 EPS for the current year.
Vistra Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 22nd will be given a dividend of $0.229 per share. This is a positive change from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. Vistra’s dividend payout ratio is currently 15.24%.
Vistra Profile
Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.
Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.
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