Vistra Corp. $VST Position Boosted by Nicholas Wealth LLC.

Nicholas Wealth LLC. raised its holdings in shares of Vistra Corp. (NYSE:VST) by 533.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,713 shares of the company’s stock after acquiring an additional 5,654 shares during the quarter. Nicholas Wealth LLC.’s holdings in Vistra were worth $1,083,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Rakuten Investment Management Inc. lifted its holdings in shares of Vistra by 461.2% during the 4th quarter. Rakuten Investment Management Inc. now owns 42,759 shares of the company’s stock valued at $6,920,000 after buying an additional 35,140 shares during the last quarter. Hurley Capital LLC lifted its holdings in shares of Vistra by 39.0% during the 4th quarter. Hurley Capital LLC now owns 698 shares of the company’s stock valued at $113,000 after buying an additional 196 shares during the last quarter. Alkeon Capital Management LLC lifted its holdings in shares of Vistra by 29.2% during the 4th quarter. Alkeon Capital Management LLC now owns 1,946,357 shares of the company’s stock valued at $314,006,000 after buying an additional 440,000 shares during the last quarter. Alberta Investment Management Corp lifted its holdings in shares of Vistra by 23.0% during the 4th quarter. Alberta Investment Management Corp now owns 32,600 shares of the company’s stock valued at $5,259,000 after buying an additional 6,100 shares during the last quarter. Finally, University of Texas Texas AM Investment Management Co. lifted its holdings in shares of Vistra by 46.5% during the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 520 shares of the company’s stock valued at $84,000 after buying an additional 165 shares during the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling

In other news, CAO Margaret Montemayor sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total transaction of $824,800.00. Following the completion of the transaction, the chief accounting officer directly owned 14,360 shares in the company, valued at $2,368,825.60. The trade was a 25.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paul M. Barbas sold 244 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $153.00, for a total value of $37,332.00. Following the transaction, the director owned 53,006 shares of the company’s stock, valued at approximately $8,109,918. This trade represents a 0.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 10,088 shares of company stock valued at $1,634,227. Corporate insiders own 0.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Jefferies Financial Group reiterated a “buy” rating and set a $190.00 price target on shares of Vistra in a report on Thursday, May 21st. Seaport Research Partners reiterated a “buy” rating and set a $230.00 price target on shares of Vistra in a report on Monday. Raymond James Financial set a $208.00 price target on Vistra in a report on Monday, April 27th. Sanford C. Bernstein set a $187.00 price target on Vistra in a report on Tuesday. Finally, Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $230.44.

Vistra Stock Up 3.3%

VST opened at $158.53 on Wednesday. The business has a 50 day moving average price of $153.72 and a 200 day moving average price of $159.85. Vistra Corp. has a twelve month low of $132.66 and a twelve month high of $219.82. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.79 and a current ratio of 0.90. The firm has a market cap of $53.45 billion, a P/E ratio of 26.55 and a beta of 1.40.

Vistra (NYSE:VST) last posted its 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 return on equity of 105.64% and a net margin of 11.52%.The firm had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.22 billion. Research analysts forecast that Vistra Corp. will post 9.31 EPS for the current year.

Vistra Increases Dividend

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