Personal CFO Solutions LLC Buys Shares of 1,763 Vistra Corp. $VST

Personal CFO Solutions LLC purchased a new position in shares of Vistra Corp. (NYSE:VST) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 1,763 shares of the company’s stock, valued at approximately $342,000.

Other institutional investors have also made changes to their positions in the company. Anfield Capital Management LLC acquired a new position in Vistra in the second quarter worth approximately $29,000. City State Bank lifted its stake in Vistra by 210.0% in the second quarter. City State Bank now owns 155 shares of the company’s stock valued at $30,000 after acquiring an additional 105 shares during the last quarter. NewSquare Capital LLC grew its position in Vistra by 65.9% in the second quarter. NewSquare Capital LLC now owns 214 shares of the company’s stock worth $41,000 after acquiring an additional 85 shares in the last quarter. Banque Transatlantique SA increased its stake in shares of Vistra by 132.0% during the 1st quarter. Banque Transatlantique SA now owns 232 shares of the company’s stock worth $25,000 after purchasing an additional 132 shares during the last quarter. Finally, Armstrong Advisory Group Inc. increased its stake in shares of Vistra by 48.4% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 239 shares of the company’s stock worth $46,000 after purchasing an additional 78 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO James A. Burke sold 43,074 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $45,303,968.75. The trade was a 16.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Carrie Lee Kirby sold 58,275 shares of the company’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $174.75, for a total transaction of $10,183,556.25. Following the transaction, the executive vice president directly owned 218,239 shares of the company’s stock, valued at $38,137,265.25. This represents a 21.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 860,120 shares of company stock valued at $171,817,820. 1.42% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Evercore ISI upped their price objective on shares of Vistra from $237.00 to $243.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vistra in a research report on Wednesday. Scotiabank started coverage on Vistra in a report on Monday, September 22nd. They set a “sector outperform” rating and a $256.00 price objective on the stock. Melius Research raised Vistra to a “strong-buy” rating in a research note on Wednesday, August 20th. Finally, Daiwa America raised Vistra from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 17th. Four research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $234.36.

Vistra Trading Down 3.2%

Vistra stock opened at $168.28 on Friday. Vistra Corp. has a 52 week low of $90.51 and a 52 week high of $219.82. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.88 and a current ratio of 0.99. The firm has a market capitalization of $57.02 billion, a PE ratio of 60.75, a PEG ratio of 2.11 and a beta of 1.30. The business’s 50-day simple moving average is $195.37 and its 200-day simple moving average is $187.88.

Vistra (NYSE:VST) last announced its earnings results on Friday, November 7th. The company reported $1.75 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.03). The business had revenue of $4.97 billion for the quarter, compared to the consensus estimate of $6.60 billion. Vistra had a net margin of 6.70% and a return on equity of 64.04%. Equities research analysts forecast that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be paid a $0.227 dividend. The ex-dividend date is Monday, December 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 annualized dividend and a dividend yield of 0.5%. Vistra’s dividend payout ratio is 32.49%.

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.