Roman Butler Fullerton & Co. Buys 399 Shares of Vistra Corp. $VST

Roman Butler Fullerton & Co. lifted its stake in Vistra Corp. (NYSE:VST) by 22.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,150 shares of the company’s stock after acquiring an additional 399 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in Vistra were worth $413,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Paralel Advisors LLC bought a new stake in shares of Vistra in the second quarter worth approximately $4,409,000. Fogel Capital Management Inc. grew its stake in shares of Vistra by 0.9% in the second quarter. Fogel Capital Management Inc. now owns 7,897 shares of the company’s stock worth $1,531,000 after acquiring an additional 72 shares during the period. Insight Advisors LLC PA bought a new stake in shares of Vistra in the second quarter worth approximately $229,000. Strategic Blueprint LLC grew its stake in shares of Vistra by 41.2% in the second quarter. Strategic Blueprint LLC now owns 3,014 shares of the company’s stock worth $584,000 after acquiring an additional 880 shares during the period. Finally, Principle Wealth Partners LLC grew its stake in shares of Vistra by 35.6% in the second quarter. Principle Wealth Partners LLC now owns 15,030 shares of the company’s stock worth $2,913,000 after acquiring an additional 3,950 shares during the period. 90.88% of the stock is currently owned by institutional investors.

Vistra Price Performance

Shares of NYSE:VST opened at $190.44 on Friday. 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 Corp. has a 1-year low of $90.51 and a 1-year high of $219.82. The company has a market capitalization of $64.53 billion, a P/E ratio of 30.37, a P/E/G ratio of 2.64 and a beta of 1.33. The firm’s 50 day simple moving average is $199.36 and its two-hundred day simple moving average is $177.73.

Vistra (NYSE:VST) last issued its quarterly earnings results 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). Vistra had a net margin of 12.90% and a return on equity of 108.41%. The firm had revenue of $4.25 billion for the quarter, compared to analysts’ expectations of $5.15 billion. Research analysts expect that Vistra Corp. will post 7 EPS for the current fiscal year.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 19th were issued a dividend of $0.226 per share. This is an increase from Vistra’s previous quarterly dividend of $0.23. This represents a $0.90 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Friday, September 19th. Vistra’s payout ratio is presently 14.35%.

Insiders Place Their Bets

In other Vistra news, CEO James A. Burke sold 43,074 shares of Vistra stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $208.75, for a total transaction of $8,991,697.50. Following the transaction, the chief executive officer owned 217,025 shares of the company’s stock, valued at $45,303,968.75. The trade was a 16.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 654,583 shares of company stock worth $134,542,882 over the last quarter. 1.42% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on VST. Weiss Ratings reissued a “buy (b)” rating on shares of Vistra in a report on Wednesday, October 8th. Melius Research raised shares of Vistra to a “strong-buy” rating in a report on Wednesday, August 20th. Scotiabank began coverage on shares of Vistra in a report on Monday, September 22nd. They issued a “sector outperform” rating and a $256.00 price objective on the stock. BMO Capital Markets raised their price objective on shares of Vistra from $229.00 to $236.00 and gave the stock an “outperform” rating in a report on Friday, October 3rd. Finally, JPMorgan Chase & Co. raised their price objective on shares of Vistra from $227.00 to $248.00 and gave the stock an “overweight” rating in a report on Wednesday, September 24th. Four equities research 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $229.31.

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.