Prime Capital Investment Advisors LLC Purchases 111 Shares of Vistra Corp. $VST

Prime Capital Investment Advisors LLC lifted its position in shares of Vistra Corp. (NYSE:VST) by 1.4% in the 2nd quarter, Holdings Channel.com reports. The fund owned 7,993 shares of the company’s stock after buying an additional 111 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Vistra were worth $1,549,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in VST. UMB Bank n.a. increased its position in shares of Vistra by 45.1% during the first quarter. UMB Bank n.a. now owns 1,303 shares of the company’s stock valued at $153,000 after acquiring an additional 405 shares in the last quarter. Wedmont Private Capital boosted its holdings in Vistra by 23.1% in the first quarter. Wedmont Private Capital now owns 3,632 shares of the company’s stock worth $406,000 after purchasing an additional 682 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in Vistra by 11.9% in the first quarter. Park Avenue Securities LLC now owns 15,260 shares of the company’s stock worth $1,792,000 after purchasing an additional 1,619 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Vistra by 175.3% in the first quarter. Farther Finance Advisors LLC now owns 2,987 shares of the company’s stock worth $365,000 after purchasing an additional 1,902 shares during the last quarter. Finally, Yousif Capital Management LLC boosted its holdings in Vistra by 1.0% in the first quarter. Yousif Capital Management LLC now owns 47,954 shares of the company’s stock worth $5,632,000 after purchasing an additional 454 shares during the last quarter. Institutional investors own 90.88% of the company’s stock.

Vistra Trading Up 3.5%

Shares of Vistra stock opened at $206.51 on Thursday. The company’s fifty day simple moving average is $200.67 and its 200-day simple moving average is $171.54. The stock has a market capitalization of $69.97 billion, a PE ratio of 32.94, a P/E/G ratio of 2.98 and a beta of 1.33. Vistra Corp. has a 1-year low of $90.51 and a 1-year high of $219.82. The company has a debt-to-equity ratio of 6.58, a current ratio of 0.90 and a quick ratio of 0.80.

Vistra (NYSE:VST) last issued its quarterly earnings results on Thursday, August 7th. The company reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.63 by ($0.62). Vistra had a return on equity of 108.41% and a net margin of 12.90%.The business had revenue of $4.25 billion for the quarter, compared to analysts’ expectations of $5.15 billion. As a group, equities analysts anticipate that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 19th were paid a dividend of $0.226 per share. This is a positive change from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date was Friday, September 19th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.4%. Vistra’s dividend payout ratio is presently 14.35%.

Insider Buying and Selling at Vistra

In related news, CEO James A. Burke sold 43,074 shares of Vistra stock in a transaction on 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 filing with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders have sold 422,389 shares of company stock worth $86,992,610. 1.42% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

VST has been the topic of several research reports. Wall Street Zen cut shares of Vistra from a “hold” rating to a “sell” rating in a report on Friday, September 5th. Weiss Ratings restated a “buy (b)” rating on shares of Vistra in a report on Wednesday. The Goldman Sachs Group raised their target price on shares of Vistra from $179.00 to $203.00 and gave the stock a “neutral” rating in a report on Wednesday, August 13th. Daiwa America upgraded shares of Vistra from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 17th. Finally, Melius Research upgraded shares of Vistra to a “strong-buy” rating in a report on Wednesday, August 20th. Three research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Vistra presently has a consensus rating of “Buy” and a consensus target price of $227.85.

Vistra Company 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.