Vistra Corp. $VST Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its stake in shares of Vistra Corp. (NYSE:VST) by 59.4% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 161,433 shares of the company’s stock after acquiring an additional 60,160 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Vistra were worth $32,225,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of VST. State Street Corp grew its holdings in Vistra by 1.4% during the 2nd quarter. State Street Corp now owns 16,660,027 shares of the company’s stock valued at $3,228,880,000 after purchasing an additional 226,514 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Vistra by 15.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 7,106,465 shares of the company’s stock worth $1,392,299,000 after acquiring an additional 930,912 shares during the last quarter. Lone Pine Capital LLC lifted its stake in shares of Vistra by 40.5% in the second quarter. Lone Pine Capital LLC now owns 6,469,719 shares of the company’s stock worth $1,253,896,000 after acquiring an additional 1,864,931 shares in the last quarter. Norges Bank purchased a new position in Vistra in the second quarter valued at about $930,080,000. Finally, Invesco Ltd. grew its stake in Vistra by 25.2% during the 2nd quarter. Invesco Ltd. now owns 4,537,384 shares of the company’s stock valued at $879,390,000 after purchasing an additional 913,350 shares in the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a research report on Monday, December 29th. Cowen began coverage on shares of Vistra in a report on Wednesday, October 15th. They set a “buy” rating for the company. Scotiabank upped their target price on shares of Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. UBS Group lifted their price target on Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Finally, Wells Fargo & Company cut their price objective on Vistra from $238.00 to $236.00 and set an “overweight” rating on the stock in a research note on Tuesday. Four analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $239.27.

Insider Activity

In other Vistra 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 value of $1,424,763.65. Following the completion of the transaction, the executive vice president owned 79,854 shares in the company, valued at approximately $13,842,690.90. This represents a 9.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Scott A. Hudson sold 56,000 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $168.86, for a total transaction of $9,456,160.00. Following the completion of the sale, the executive vice president owned 306,600 shares in the company, valued at $51,772,476. The trade was a 15.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 236,007 shares of company stock valued at $42,305,477. Company insiders own 1.42% of the company’s stock.

Vistra Stock Performance

Shares of NYSE VST opened at $160.01 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 5.74. The firm’s 50-day moving average price is $168.33 and its two-hundred day moving average price is $187.45. Vistra Corp. has a 52-week low of $90.51 and a 52-week high of $219.82. The stock has a market capitalization of $54.21 billion, a P/E ratio of 57.76, a P/E/G ratio of 1.03 and a beta of 1.41.

Vistra (NYSE:VST) last announced its quarterly earnings results on Friday, November 7th. The company reported $1.75 earnings per share (EPS) 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 company had revenue of $4.97 billion during the quarter, compared to the consensus estimate of $6.60 billion. As a group, sell-side analysts forecast that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were given a $0.227 dividend. The ex-dividend date was Monday, December 22nd. This represents a $0.91 annualized dividend and a yield of 0.6%. This is a boost from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is 32.49%.

About Vistra

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.