34,898 Shares in Vistra Corp. $VST Acquired by Prevail Innovative Wealth Advisors LLC

Prevail Innovative Wealth Advisors LLC bought a new position in Vistra Corp. (NYSE:VST) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 34,898 shares of the company’s stock, valued at approximately $5,630,000. Vistra accounts for about 1.0% of Prevail Innovative Wealth Advisors LLC’s investment portfolio, making the stock its 26th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VST. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Vistra in the 4th quarter worth approximately $25,000. Archer Investment Corp lifted its holdings 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 purchasing an additional 135 shares during the last quarter. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Vistra in the 3rd quarter worth approximately $28,000. Orion Capital Management LLC acquired a new stake in Vistra in the 3rd quarter worth approximately $29,000. Finally, Salomon & Ludwin LLC lifted its holdings in Vistra by 74.8% in the 4th quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock worth $35,000 after purchasing an additional 92 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Raymond James Financial set a $208.00 target price on Vistra in a report on Monday, April 27th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $241.00 price target on shares of Vistra in a research report on Monday, March 2nd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Vistra in a research report on Thursday. The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price target on the stock in a research report on Friday, February 6th. Finally, TD Cowen dropped their price target on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $233.93.

Vistra Stock Performance

Shares of NYSE VST opened at $144.15 on Thursday. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51. The business’s 50 day moving average is $154.85 and its two-hundred day moving average is $163.39. The company has a market cap of $48.61 billion, a P/E ratio of 24.15, a P/E/G ratio of 0.77 and a beta of 1.43. Vistra Corp. has a 12 month low of $132.66 and a 12 month high of $219.82.

Vistra (NYSE:VST) last released its quarterly earnings data on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $1.55. The business had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. On average, equities analysts expect that Vistra Corp. will post 9.31 EPS for the current year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be given a dividend of $0.229 per share. This is a boost from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Monday, June 22nd. Vistra’s dividend payout ratio (DPR) is presently 15.24%.

Insider Activity

In other news, EVP Stephanie Zapata Moore sold 10,000 shares of the business’s 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 sale, the executive vice president directly owned 114,409 shares in the company, valued at approximately $18,340,906.79. The trade was a 8.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.92% of the company’s stock.

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.