Vistra Corp. $VST Shares Purchased by Simon Quick Advisors LLC

Simon Quick Advisors LLC boosted its stake in Vistra Corp. (NYSE:VST) by 12.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 4,222 shares of the company’s stock after purchasing an additional 457 shares during the period. Simon Quick Advisors LLC’s holdings in Vistra were worth $818,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. City State Bank increased its position in Vistra by 210.0% during the 2nd quarter. City State Bank now owns 155 shares of the company’s stock worth $30,000 after purchasing an additional 105 shares during the period. HM Payson & Co. increased its position in Vistra by 275.4% during the 1st quarter. HM Payson & Co. now owns 229 shares of the company’s stock worth $27,000 after purchasing an additional 168 shares during the period. Banque Transatlantique SA increased its position in 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 period. Armstrong Advisory Group Inc. increased its position in 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 period. Finally, LRI Investments LLC increased its position in Vistra by 104.3% during the 2nd quarter. LRI Investments LLC now owns 286 shares of the company’s stock worth $55,000 after purchasing an additional 146 shares during the period. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insider Transactions at Vistra

In related news, CEO James A. Burke sold 9,641 shares of the company’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $192.30, for a total value of $1,853,964.30. Following the sale, the chief executive officer owned 298,967 shares of the company’s stock, valued at approximately $57,491,354.10. This represents a 3.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last 90 days, insiders sold 723,910 shares of company stock valued at $148,086,569. 1.42% of the stock is currently owned by corporate insiders.

Vistra Price Performance

Shares of NYSE:VST opened at $188.36 on Friday. The business’s 50 day simple moving average is $199.50 and its 200-day simple moving average is $181.69. The firm has a market capitalization of $63.82 billion, a price-to-earnings ratio of 30.04, a price-to-earnings-growth ratio of 2.69 and a beta of 1.33. 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 Corp. has a 12 month low of $90.51 and a 12 month high of $219.82.

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

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be paid a $0.227 dividend. This represents a $0.91 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Monday, December 22nd. This is an increase from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is currently 14.35%.

Wall Street Analysts Forecast Growth

VST has been the topic of several recent analyst reports. Daiwa Capital Markets upgraded Vistra from a “neutral” rating to a “buy” rating and set a $250.00 target price on the stock in a research report on Wednesday, September 17th. UBS Group boosted their target price on Vistra from $207.00 to $230.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Scotiabank initiated coverage on Vistra in a research report on Monday, September 22nd. They set a “sector outperform” rating and a $256.00 target price on the stock. Melius Research upgraded Vistra to a “strong-buy” rating in a research report on Wednesday, August 20th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Vistra in a research note on Thursday. Four research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $229.93.

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.