Marshall Financial Group LLC Decreases Holdings in Vistra Corp. $VST

Marshall Financial Group LLC reduced its stake in Vistra Corp. (NYSE:VSTFree Report) by 80.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,510 shares of the company’s stock after selling 6,327 shares during the period. Marshall Financial Group LLC’s holdings in Vistra were worth $244,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in VST. Salomon & Ludwin LLC acquired a new position in shares of Vistra during the third quarter worth about $25,000. Quent Capital LLC acquired a new stake in shares of Vistra in the third quarter valued at about $25,000. Archer Investment Corp grew its stake in shares of Vistra by 2,700.0% in the third quarter. Archer Investment Corp now owns 140 shares of the company’s stock valued at $27,000 after buying an additional 135 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Vistra during the 2nd quarter valued at about $28,000. Finally, Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in shares of Vistra during the 3rd quarter valued at about $28,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Bank of America decreased their price target on Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a report on Monday, January 12th. BMO Capital Markets reiterated an “outperform” rating and set a $241.00 price objective on shares of Vistra in a research note on Monday, March 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a research report on Monday, December 29th. UBS Group upped their target price on shares of Vistra from $230.00 to $233.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $215.00 price target on shares of Vistra in a report on Friday, February 20th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Vistra currently has an average rating of “Buy” and a consensus price target of $236.87.

Get Our Latest Report on Vistra

Insider Transactions at Vistra

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $160.31, for a total value of $1,603,100.00. Following the sale, the executive vice president directly owned 114,409 shares of the company’s stock, valued at $18,340,906.79. This represents a 8.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.42% of the stock is owned by corporate insiders.

Vistra Trading Up 3.7%

Shares of VST opened at $151.48 on Tuesday. Vistra Corp. has a one year low of $90.51 and a one year high of $219.82. The stock has a 50-day moving average price of $163.18 and a 200 day moving average price of $176.97. The company has a debt-to-equity ratio of 6.01, a quick ratio of 0.69 and a current ratio of 0.78. The company has a market capitalization of $51.28 billion, a P/E ratio of 69.81, a P/E/G ratio of 0.88 and a beta of 1.42.

Vistra (NYSE:VSTGet Free Report) last announced its earnings results on Thursday, February 26th. The company reported $2.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.27). The business had revenue of $4.58 billion during the quarter, compared to analyst estimates of $5.75 billion. Vistra had a net margin of 5.32% and a return on equity of 81.09%. Sell-side analysts forecast that Vistra Corp. will post 7 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 20th will be paid a $0.228 dividend. This represents a $0.91 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 Friday, March 20th. Vistra’s payout ratio is presently 41.94%.

About Vistra

(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.

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Institutional Ownership by Quarter for Vistra (NYSE:VST)

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