Union Bancaire Privee UBP SA Acquires 5,832 Shares of Vistra Corp. $VST

Union Bancaire Privee UBP SA raised its holdings in shares of Vistra Corp. (NYSE:VST) by 6.4% during the 4th quarter, HoldingsChannel reports. The fund owned 97,366 shares of the company’s stock after acquiring an additional 5,832 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in Vistra were worth $15,708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Salomon & Ludwin LLC bought a new position in Vistra in the 3rd quarter worth $25,000. Quent Capital LLC purchased a new stake in Vistra in the third quarter worth about $25,000. Archer Investment Corp raised 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 worth $27,000 after buying an additional 135 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Vistra during the 2nd quarter valued at about $28,000. Finally, Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in shares of Vistra during the 3rd quarter valued at approximately $28,000. Institutional investors own 90.88% of the company’s stock.

Vistra Trading Down 1.7%

Vistra stock opened at $167.24 on Friday. Vistra Corp. has a 1 year low of $90.51 and a 1 year high of $219.82. The firm’s 50 day moving average price is $164.01 and its 200-day moving average price is $177.68. The company has a debt-to-equity ratio of 6.01, a current ratio of 0.78 and a quick ratio of 0.69. The stock has a market cap of $56.67 billion, a P/E ratio of 77.07, a PEG ratio of 1.02 and a beta of 1.42.

Vistra (NYSE:VST) last issued its earnings results on Thursday, February 26th. The company reported $2.18 earnings per share for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.27). The company had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $5.75 billion. Vistra had a return on equity of 81.09% and a net margin of 5.32%. On average, equities analysts predict that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th will be given a dividend of $0.228 per share. The ex-dividend date is Friday, March 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.5%. Vistra’s dividend payout ratio (DPR) is 41.94%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on VST shares. Wells Fargo & Company decreased their target price on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Jefferies Financial Group upgraded shares of Vistra from a “hold” rating to a “buy” rating and raised their price objective for the company from $191.00 to $203.00 in a research report on Tuesday, February 10th. Bank of America dropped their target price on shares of Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a report on Monday, January 12th. JPMorgan Chase & Co. raised their price target on Vistra from $239.00 to $240.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Scotiabank boosted their price objective on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Three investment analysts have rated the stock with a Strong Buy rating, twelve 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 a consensus price target of $236.87.

Insider Activity

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was 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 in the company, valued at approximately $18,340,906.79. The trade was a 8.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.42% of the company’s stock.

Vistra Company 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.