Rothschild Investment LLC Has $424,000 Stock Position in Vistra Corp. $VST

Rothschild Investment LLC increased its stake in shares of Vistra Corp. (NYSE:VST) by 160.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,190 shares of the company’s stock after purchasing an additional 1,348 shares during the period. Rothschild Investment LLC’s holdings in Vistra were worth $424,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Nuveen LLC bought a new position in Vistra during the first quarter worth about $209,149,000. Assenagon Asset Management S.A. increased its stake in shares of Vistra by 2,341.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 865,562 shares of the company’s stock valued at $167,755,000 after acquiring an additional 830,111 shares during the last quarter. National Pension Service raised its position in shares of Vistra by 81.6% in the 2nd quarter. National Pension Service now owns 1,125,100 shares of the company’s stock valued at $218,056,000 after acquiring an additional 505,495 shares during the period. Fred Alger Management LLC raised its position in shares of Vistra by 102.5% in the 1st quarter. Fred Alger Management LLC now owns 973,339 shares of the company’s stock valued at $114,309,000 after acquiring an additional 492,765 shares during the period. Finally, 140 Summer Partners LP bought a new position in Vistra during the 1st quarter worth approximately $56,876,000. Institutional investors own 90.88% of the company’s stock.

Vistra Trading Up 0.1%

VST opened at $175.09 on Wednesday. The stock has a market capitalization of $59.33 billion, a P/E ratio of 63.21, a P/E/G ratio of 2.19 and a beta of 1.30. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74. Vistra Corp. has a 12 month low of $90.51 and a 12 month high of $219.82. The firm’s fifty day simple moving average is $197.41 and its 200 day simple moving average is $187.54.

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

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be given a $0.227 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This represents a $0.91 dividend on an annualized basis and a yield of 0.5%. This is a boost from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is 32.49%.

Insider Buying and Selling at Vistra

In other news, EVP Scott A. Hudson sold 56,000 shares of Vistra stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $168.86, for a total value of $9,456,160.00. Following the sale, the executive vice president directly owned 306,600 shares in the company, valued at $51,772,476. This trade represents a 15.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO James A. Burke sold 21,935 shares of the business’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $186.53, for a total transaction of $4,091,535.55. Following the completion of the sale, the chief executive officer directly owned 271,074 shares in the company, valued at approximately $50,563,433.22. This represents a 7.49% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 860,120 shares of company stock worth $171,817,820. Corporate insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. TD Cowen initiated coverage on shares of Vistra in a research note on Thursday, October 16th. They issued a “buy” rating and a $250.00 target price for the company. Weiss Ratings lowered shares of Vistra from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, November 13th. BMO Capital Markets upped their price objective on shares of Vistra from $236.00 to $245.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Jefferies Financial Group reaffirmed a “hold” rating and set a $230.00 price objective (down previously from $241.00) on shares of Vistra in a research note on Monday, September 22nd. Finally, Evercore ISI boosted their target price on Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Four analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Vistra currently has an average rating of “Buy” and a consensus target price of $234.21.

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.