Dorsey Wright & Associates increased its holdings in shares of Vistra Corp. (NYSE:VST – Free Report) by 46.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 70,598 shares of the company’s stock after acquiring an additional 22,490 shares during the period. Vistra comprises 3.1% of Dorsey Wright & Associates’ portfolio, making the stock its 5th biggest position. Dorsey Wright & Associates’ holdings in Vistra were worth $13,832,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Bridgewater Advisors Inc. lifted its position in shares of Vistra by 3.1% during the third quarter. Bridgewater Advisors Inc. now owns 1,787 shares of the company’s stock worth $350,000 after purchasing an additional 53 shares during the last quarter. Y.D. More Investments Ltd grew its holdings in shares of Vistra by 7.1% in the third quarter. Y.D. More Investments Ltd now owns 916 shares of the company’s stock worth $168,000 after purchasing an additional 61 shares during the last quarter. Equitable Holdings Inc. grew its holdings in shares of Vistra by 0.9% in the third quarter. Equitable Holdings Inc. now owns 7,045 shares of the company’s stock worth $1,380,000 after purchasing an additional 61 shares during the last quarter. Ballentine Partners LLC increased its stake in Vistra by 2.0% in the 3rd quarter. Ballentine Partners LLC now owns 3,275 shares of the company’s stock worth $642,000 after buying an additional 63 shares during the period. Finally, Wealth Effects LLC increased its stake in Vistra by 1.1% in the 3rd quarter. Wealth Effects LLC now owns 5,782 shares of the company’s stock worth $1,133,000 after buying an additional 65 shares during the period. Hedge funds and other institutional investors own 90.88% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have issued reports on VST. The Goldman Sachs Group raised shares of Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective for the company in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vistra in a research report on Monday, December 29th. Morgan Stanley reaffirmed an “overweight” rating and set a $215.00 price target on shares of Vistra in a research note on Friday, February 20th. UBS Group boosted their price target on Vistra from $230.00 to $233.00 and gave the company a “buy” rating in a report on Monday, January 12th. Finally, BMO Capital Markets restated an “outperform” rating and set a $241.00 price objective on shares of Vistra in a report on Monday, March 2nd. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $236.40.
Vistra Price Performance
NYSE VST opened at $164.29 on Wednesday. The company has a market cap of $55.67 billion, a PE ratio of 75.71, a P/E/G ratio of 0.98 and a beta of 1.42. The firm’s 50 day moving average price is $163.36 and its 200-day moving average price is $177.81. 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 52-week low of $90.51 and a 52-week high of $219.82.
Vistra (NYSE:VST – Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The company reported $2.18 EPS for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.27). The business had revenue of $4.58 billion during 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%. Sell-side analysts forecast that Vistra Corp. will post 7 EPS for the current fiscal year.
Vistra Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th will be given a $0.228 dividend. This represents a $0.91 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, March 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is presently 41.94%.
Insider Buying and Selling at Vistra
In related news, EVP Stephanie Zapata Moore sold 10,000 shares of the company’s stock in a transaction 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 completion of the sale, the executive vice president directly owned 114,409 shares in the company, valued at $18,340,906.79. This represents a 8.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 1.42% of the stock is owned by company insiders.
Vistra Company 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.
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