Dimensional Fund Advisors LP Buys 32,982 Shares of Vistra Corp. $VST

Dimensional Fund Advisors LP boosted its position in Vistra Corp. (NYSE:VSTFree Report) by 1.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 3,436,880 shares of the company’s stock after purchasing an additional 32,982 shares during the period. Dimensional Fund Advisors LP’s holdings in Vistra were worth $516,616,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of VST. Equitable Holdings Inc. raised its stake in Vistra by 0.9% in the 3rd quarter. Equitable Holdings Inc. now owns 7,045 shares of the company’s stock valued at $1,380,000 after acquiring an additional 61 shares during the period. SOA Wealth Advisors LLC. lifted its stake in shares of Vistra by 21.7% during the 4th quarter. SOA Wealth Advisors LLC. now owns 365 shares of the company’s stock valued at $59,000 after buying an additional 65 shares in the last quarter. UMB Bank n.a. boosted its holdings in Vistra by 3.8% in the 4th quarter. UMB Bank n.a. now owns 1,770 shares of the company’s stock worth $286,000 after buying an additional 65 shares during the period. Rothschild Investment LLC boosted its holdings in Vistra by 2.9% in the 4th quarter. Rothschild Investment LLC now owns 2,409 shares of the company’s stock worth $389,000 after buying an additional 68 shares during the period. Finally, Outlook Wealth Advisors LLC grew its stake in Vistra by 4.9% in the 1st quarter. Outlook Wealth Advisors LLC now owns 1,511 shares of the company’s stock valued at $227,000 after buying an additional 70 shares in the last quarter. 90.88% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on VST. Morgan Stanley reissued an “overweight” rating and set a $210.00 target price on shares of Vistra in a report on Wednesday, June 24th. Raymond James Financial set a $208.00 price target on Vistra in a report on Monday, April 27th. Scotiabank lifted their price target on Vistra from $293.00 to $298.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. Seaport Research Partners reissued a “buy” rating and set a $230.00 price objective on shares of Vistra in a report on Monday, June 15th. Finally, TD Cowen dropped their price objective on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $230.62.

Read Our Latest Research Report on Vistra

Vistra Stock Performance

Vistra stock opened at $157.82 on Tuesday. The firm’s 50 day simple moving average is $154.26 and its 200 day simple moving average is $158.37. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. Vistra Corp. has a 1-year low of $132.66 and a 1-year high of $219.82. The firm has a market capitalization of $53.22 billion, a PE ratio of 26.44 and a beta of 1.40.

Vistra (NYSE:VSTGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, topping the consensus estimate of $1.32 by $1.55. Vistra had a net margin of 11.52% and a return on equity of 105.64%. The firm had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.22 billion. As a group, analysts expect that Vistra Corp. will post 9.53 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd were given a dividend of $0.229 per share. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date was Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.6%. Vistra’s dividend payout ratio is 15.41%.

Insiders Place Their Bets

In related news, Director Scott B. Helm sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $160.00, for a total value of $4,000,000.00. Following the transaction, the director directly owned 232,200 shares in the company, valued at approximately $37,152,000. This represents a 9.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John R. Sult sold 6,500 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $170.00, for a total transaction of $1,105,000.00. Following the sale, the director owned 70,714 shares in the company, valued at approximately $12,021,380. This trade represents a 8.42% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 41,588 shares of company stock worth $6,739,227 over the last three months. Company insiders own 0.92% of the company’s stock.

Vistra Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Vistra (NYSE:VST)

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