Vistra Corp. $VST Shares Bought by Oak Thistle LLC

Oak Thistle LLC boosted its stake in shares of Vistra Corp. (NYSE:VST) by 50.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,334 shares of the company’s stock after buying an additional 4,826 shares during the quarter. Oak Thistle LLC’s holdings in Vistra were worth $2,313,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Alkeon Capital Management LLC grew its position in shares of Vistra by 280.6% in the second quarter. Alkeon Capital Management LLC now owns 1,356,357 shares of the company’s stock valued at $262,876,000 after purchasing an additional 1,000,000 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Vistra by 15.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 7,106,465 shares of the company’s stock valued at $1,392,299,000 after buying an additional 930,912 shares during the period. Palidye Holdings Caymans Ltd purchased a new position in shares of Vistra during the second quarter valued at approximately $145,987,000. Situational Awareness LP lifted its stake in shares of Vistra by 142.3% during the second quarter. Situational Awareness LP now owns 1,274,178 shares of the company’s stock valued at $246,948,000 after buying an additional 748,332 shares during the period. Finally, Moore Capital Management LP lifted its stake in shares of Vistra by 2,072.6% during the second quarter. Moore Capital Management LP now owns 528,657 shares of the company’s stock valued at $102,459,000 after buying an additional 504,324 shares during the period. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Morgan Stanley reissued an “overweight” rating and set a $215.00 price objective on shares of Vistra in a research note on Friday, February 20th. JPMorgan Chase & Co. upped their price objective on shares of Vistra from $239.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. The Goldman Sachs Group raised shares of Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective on the stock in a research note on Friday, February 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a research note on Friday, March 27th. Finally, Wells Fargo & Company reduced their price objective on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Vistra has an average rating of “Buy” and a consensus price target of $236.87.

Insiders Place Their Bets

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of the firm’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 trade represents a 8.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.92% of the company’s stock.

Vistra Stock Performance

Shares of VST stock opened at $153.78 on Wednesday. The company’s fifty day simple moving average is $160.31 and its 200-day simple moving average is $172.94. Vistra Corp. has a 52 week low of $99.24 and a 52 week high of $219.82. The company has a current ratio of 0.78, a quick ratio of 0.69 and a debt-to-equity ratio of 6.01. The company has a market cap of $52.06 billion, a PE ratio of 70.87, a P/E/G ratio of 0.92 and a beta of 1.49.

Vistra (NYSE:VST) last issued its earnings results on Thursday, February 26th. The company reported $2.18 EPS for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.27). Vistra had a net margin of 5.32% and a return on equity of 81.09%. The business had revenue of $4.58 billion during the quarter, compared to analysts’ expectations of $5.75 billion. As a group, equities research analysts anticipate that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 20th were issued a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, March 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is 41.94%.

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.