Vistra Corp. $VST Shares Purchased by Spirit of America Management Corp NY

Spirit of America Management Corp NY grew its position in Vistra Corp. (NYSE:VST) by 25.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 30,850 shares of the company’s stock after purchasing an additional 6,350 shares during the period. Vistra makes up 1.2% of Spirit of America Management Corp NY’s holdings, making the stock its 21st largest position. Spirit of America Management Corp NY’s holdings in Vistra were worth $6,044,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Banque Transatlantique SA increased its holdings in Vistra by 132.0% in the 1st quarter. Banque Transatlantique SA now owns 232 shares of the company’s stock worth $25,000 after buying an additional 132 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Vistra in the 2nd quarter valued at $28,000. Anfield Capital Management LLC purchased a new stake in shares of Vistra in the 2nd quarter valued at $29,000. City State Bank increased its stake in shares of Vistra by 210.0% in the second quarter. City State Bank now owns 155 shares of the company’s stock worth $30,000 after acquiring an additional 105 shares during the period. Finally, WPG Advisers LLC purchased a new position in shares of Vistra during the first quarter worth $37,000. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Vistra

In related news, EVP Stephanie Zapata Moore sold 8,219 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $173.35, for a total transaction of $1,424,763.65. Following the completion of the sale, the executive vice president owned 79,854 shares of the company’s stock, valued at approximately $13,842,690.90. This represents a 9.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO James A. Burke sold 22,251 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $162.05, for a total transaction of $3,605,774.55. Following the completion of the sale, the chief executive officer owned 297,998 shares of the company’s stock, valued at approximately $48,290,575.90. The trade was a 6.95% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 592,895 shares of company stock worth $115,003,119. Company insiders own 1.42% of the company’s stock.

Analyst Ratings Changes

VST has been the topic of several recent research reports. Cowen initiated coverage on Vistra in a research report on Wednesday, October 15th. They set a “buy” rating on the stock. Jefferies Financial Group restated a “hold” rating and issued a $230.00 target price (down previously from $241.00) on shares of Vistra in a research note on Monday, September 22nd. Wall Street Zen cut Vistra from a “hold” rating to a “sell” rating in a research report on Friday, September 5th. BMO Capital Markets upped their price objective on Vistra from $236.00 to $245.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Finally, TD Cowen initiated coverage on shares of Vistra in a research note on Thursday, October 16th. They set a “buy” rating and a $250.00 price objective on the stock. 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’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $232.40.

Vistra Trading Up 0.2%

Shares of Vistra stock opened at $161.95 on Friday. 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 twelve month low of $90.51 and a twelve month high of $219.82. The firm has a market capitalization of $54.87 billion, a PE ratio of 58.47, a P/E/G ratio of 2.94 and a beta of 1.39. The firm’s 50-day moving average price is $177.85 and its 200 day moving average price is $189.58.

Vistra (NYSE:VST) last announced its earnings results on Friday, November 7th. The company reported $1.75 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 analyst estimates of $6.60 billion. Vistra had a net margin of 6.70% and a return on equity of 64.04%. On average, sell-side analysts predict that Vistra Corp. will post 7 EPS for the current fiscal year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be issued a $0.227 dividend. This represents a $0.91 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, December 22nd. This is an increase from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is 32.85%.

Vistra 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.