1,980 Shares in Vistra Corp. $VST Bought by Insigneo Advisory Services LLC

Insigneo Advisory Services LLC bought a new position in shares of Vistra Corp. (NYSE:VST) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,980 shares of the company’s stock, valued at approximately $384,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Massachusetts Financial Services Co. MA increased its stake in Vistra by 4.4% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,175,553 shares of the company’s stock worth $1,196,884,000 after purchasing an additional 258,983 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Vistra by 0.3% in the first quarter. Dimensional Fund Advisors LP now owns 4,190,462 shares of the company’s stock worth $492,102,000 after buying an additional 11,386 shares during the period. Northern Trust Corp increased its position in shares of Vistra by 1.9% in the first quarter. Northern Trust Corp now owns 3,083,842 shares of the company’s stock worth $362,166,000 after acquiring an additional 57,358 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Vistra by 1.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 2,099,120 shares of the company’s stock worth $406,830,000 after acquiring an additional 35,444 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in shares of Vistra during the first quarter valued at approximately $209,149,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Price Performance

Shares of NYSE:VST opened at $177.14 on Thursday. The firm has a market cap of $60.02 billion, a price-to-earnings ratio of 63.95, a P/E/G ratio of 2.13 and a beta of 1.30. Vistra Corp. has a 1 year low of $90.51 and a 1 year high of $219.82. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74. The business has a fifty day simple moving average of $193.22 and a 200 day simple moving average of $188.63.

Vistra (NYSE:VST) last issued its earnings results on Friday, November 7th. The company reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). Vistra had a net margin of 6.70% and a return on equity of 64.04%. The firm had revenue of $4.97 billion during the quarter, compared to analysts’ expectations of $6.60 billion. As a group, sell-side analysts predict 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 will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be given a dividend of $0.227 per share. The ex-dividend date of this dividend is Monday, December 22nd. This is a boost from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 annualized dividend and a yield of 0.5%. Vistra’s payout ratio is 32.49%.

Analysts Set New Price Targets

VST has been the subject of a number of recent analyst reports. Melius Research raised shares of Vistra to a “strong-buy” rating in a research note on Wednesday, August 20th. Melius initiated coverage on Vistra in a research report on Wednesday, August 20th. They issued a “buy” rating and a $295.00 target price for the company. The Goldman Sachs Group lifted their price target on Vistra from $179.00 to $203.00 and gave the company a “neutral” rating in a report on Wednesday, August 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a research note on Tuesday. Finally, JPMorgan Chase & Co. raised their price objective on Vistra from $227.00 to $248.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 24th. Four research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $233.20.

Insider Activity at Vistra

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 value of $8,991,697.50. Following the completion of the sale, the chief executive officer directly owned 217,025 shares in the company, valued at $45,303,968.75. The trade was a 16.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Scott A. Hudson sold 56,000 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $168.86, for a total transaction of $9,456,160.00. Following the transaction, the executive vice president owned 306,600 shares in the company, valued at approximately $51,772,476. This trade represents a 15.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 868,339 shares of company stock valued at $173,242,584. 1.42% of the stock is currently owned by corporate 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.