PFG Advisors acquired a new position in Vistra Corp. (NYSE:VST – Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,233 shares of the company’s stock, valued at approximately $633,000.
Several other large investors also recently added to or reduced their stakes in VST. Bridgewater Advisors Inc. lifted its holdings in shares of Vistra by 3.1% in the third quarter. Bridgewater Advisors Inc. now owns 1,787 shares of the company’s stock valued at $350,000 after purchasing an additional 53 shares in the last quarter. Y.D. More Investments Ltd grew its holdings in shares of Vistra by 7.1% during the third quarter. Y.D. More Investments Ltd now owns 916 shares of the company’s stock valued at $168,000 after buying an additional 61 shares in the last quarter. Ballentine Partners LLC grew its holdings in shares of Vistra by 2.0% during the third quarter. Ballentine Partners LLC now owns 3,275 shares of the company’s stock valued at $642,000 after buying an additional 63 shares in the last quarter. Wealth Effects LLC raised its position in Vistra by 1.1% during the third quarter. Wealth Effects LLC now owns 5,782 shares of the company’s stock valued at $1,133,000 after buying an additional 65 shares during the period. Finally, Guardian Asset Advisors LLC lifted its stake in Vistra by 3.0% in the 3rd quarter. Guardian Asset Advisors LLC now owns 2,281 shares of the company’s stock worth $447,000 after acquiring an additional 66 shares in the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Vistra
In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the transaction, the executive vice president owned 114,409 shares in the company, valued at $18,340,906.79. This trade represents a 8.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.42% of the stock is owned by insiders.
Vistra Price Performance
Vistra (NYSE:VST – Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate 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, analysts anticipate 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 Tuesday, March 31st. Shareholders of record on Friday, March 20th will be given a dividend of $0.228 per share. The ex-dividend date of this dividend is Friday, March 20th. This is an increase from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 dividend on an annualized basis and a yield of 0.6%. Vistra’s dividend payout ratio (DPR) is currently 41.94%.
Analyst Ratings Changes
A number of equities research analysts have commented on VST shares. Weiss Ratings restated a “hold (c)” rating on shares of Vistra in a research report on Monday, December 29th. BMO Capital Markets reissued an “outperform” rating and issued a $241.00 price target on shares of Vistra in a research report on Monday, March 2nd. UBS Group raised their price target on shares of Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Jefferies Financial Group raised shares of Vistra from a “hold” rating to a “buy” rating and boosted their price objective for the company from $191.00 to $203.00 in a research report on Tuesday, February 10th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $215.00 price objective on shares of Vistra in a research note on Friday, February 20th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Vistra presently has an average rating of “Buy” and an average target price of $236.40.
Check Out Our Latest Stock Report on Vistra
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.
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