Anson Funds Management LP Purchases 9,000 Shares of Vistra Corp. $VST

Anson Funds Management LP grew its position in shares of Vistra Corp. (NYSE:VST) by 150.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,000 shares of the company’s stock after purchasing an additional 9,000 shares during the period. Anson Funds Management LP’s holdings in Vistra were worth $2,939,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new stake in shares of Vistra in the third quarter worth $25,000. Quent Capital LLC purchased a new position in Vistra during the third quarter worth about $25,000. Archer Investment Corp increased its stake in Vistra by 2,700.0% in the 3rd quarter. Archer Investment Corp now owns 140 shares of the company’s stock worth $27,000 after acquiring an additional 135 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in Vistra in the 2nd quarter worth about $28,000. Finally, Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in shares of Vistra in the 3rd quarter valued at about $28,000. Institutional investors own 90.88% of the company’s stock.

Vistra Trading Down 0.3%

VST stock opened at $159.09 on Friday. The company has a market capitalization of $53.90 billion, a PE ratio of 73.31, a price-to-earnings-growth ratio of 0.96 and a beta of 1.42. The company has a debt-to-equity ratio of 6.01, a quick ratio of 0.69 and a current ratio of 0.78. Vistra Corp. has a one year low of $90.51 and a one year high of $219.82. The company’s 50 day moving average price is $163.48 and its two-hundred day moving average price is $178.34.

Vistra (NYSE:VST) last announced its quarterly earnings data on Thursday, February 26th. The company reported $2.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.27). Vistra had a net margin of 5.32% and a return on equity of 81.09%. The business had revenue of $4.58 billion during the quarter, compared to analysts’ expectations of $5.75 billion. As a group, analysts predict that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th will be paid a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Friday, March 20th. Vistra’s payout ratio is 41.94%.

Insider Activity at Vistra

In other news, EVP Stephanie Zapata Moore sold 10,000 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $160.31, for a total value of $1,603,100.00. Following the completion of the sale, the executive vice president owned 114,409 shares of the company’s stock, valued at approximately $18,340,906.79. The trade was a 8.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.42% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on VST shares. KeyCorp started coverage on Vistra in a report on Monday, November 24th. They set an “overweight” rating and a $217.00 price objective for the company. BMO Capital Markets reaffirmed an “outperform” rating and issued a $241.00 target price on shares of Vistra in a research note on Monday, March 2nd. JPMorgan Chase & Co. dropped their target price on shares of Vistra from $249.00 to $233.00 and set an “overweight” rating for the company in a research report on Tuesday, December 16th. Bank of America cut their price target on shares of Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a research note on Monday, January 12th. Finally, Wells Fargo & Company decreased their price target on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $236.40.

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.