34,975 Shares in Vistra Corp. $VST Purchased by OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Vistra Corp. (NYSE:VST) in the second quarter, Holdings Channel reports. The fund acquired 34,975 shares of the company’s stock, valued at approximately $6,779,000.

Other large investors have also recently added to or reduced their stakes in the company. Kirr Marbach & Co. LLC IN increased its position in shares of Vistra by 0.9% during the 2nd quarter. Kirr Marbach & Co. LLC IN now owns 168,713 shares of the company’s stock valued at $32,698,000 after purchasing an additional 1,535 shares during the period. ELCO Management Co. LLC acquired a new position in Vistra during the second quarter worth about $499,000. FUKOKU MUTUAL LIFE INSURANCE Co bought a new stake in Vistra in the second quarter worth about $292,000. Peak Financial Advisors LLC bought a new position in shares of Vistra during the 2nd quarter valued at about $547,000. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Vistra by 1.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,099,120 shares of the company’s stock worth $406,830,000 after purchasing an additional 35,444 shares during the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Wall Street Zen lowered shares of Vistra from a “hold” rating to a “sell” rating in a research report on Friday, September 5th. Morgan Stanley reaffirmed an “overweight” rating and set a $225.00 target price on shares of Vistra in a report on Thursday, November 20th. KeyCorp assumed coverage on Vistra in a research note on Monday, November 24th. They issued an “overweight” rating and a $217.00 price target on the stock. Jefferies Financial Group reaffirmed a “hold” rating and set a $230.00 price objective (down from $241.00) on shares of Vistra in a research note on Monday, September 22nd. Finally, Daiwa America raised shares of Vistra from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 17th. Four analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Vistra presently has an average rating of “Buy” and a consensus target price of $233.20.

Insider Activity

In other news, EVP Carrie Lee Kirby sold 58,275 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $174.75, for a total value 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. The trade was a 21.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO James A. Burke sold 21,935 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer owned 271,074 shares in the company, valued at approximately $50,563,433.22. This trade represents a 7.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 805,673 shares of company stock worth $160,317,205. Company insiders own 1.42% of the company’s stock.

Vistra Trading Up 0.3%

NYSE:VST opened at $165.24 on Thursday. The company has a quick ratio of 0.88, a current ratio of 0.99 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 company’s 50 day moving average is $186.48 and its 200-day moving average is $189.81. The firm has a market cap of $55.99 billion, a price-to-earnings ratio of 59.65, a P/E/G ratio of 2.85 and a beta of 1.39.

Vistra (NYSE:VST) last posted its quarterly earnings data 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). Vistra had a return on equity of 64.04% and a net margin of 6.70%.The business had revenue of $4.97 billion for the quarter, compared to analyst estimates of $6.60 billion. Equities analysts anticipate that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

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

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.