Vistra Corp. $VST Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC grew its holdings in shares of Vistra Corp. (NYSE:VST) by 132.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,117 shares of the company’s stock after purchasing an additional 52,529 shares during the period. Kestra Advisory Services LLC’s holdings in Vistra were worth $13,848,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Vistra in the fourth quarter valued at approximately $25,000. Mcguire Capital Advisors Inc. acquired a new stake in Vistra during the 4th quarter worth approximately $28,000. Kemnay Advisory Services Inc. purchased a new position in Vistra in the 4th quarter valued at approximately $30,000. Triumph Capital Management purchased a new position in Vistra in the 3rd quarter valued at approximately $38,000. Finally, Strive Asset Management LLC acquired a new position in shares of Vistra in the third quarter worth $38,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insiders Place Their Bets

In other news, Director John R. Sult sold 6,500 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $170.00, for a total transaction of $1,105,000.00. Following the completion of the sale, the director owned 70,714 shares in the company, valued at approximately $12,021,380. The trade was a 8.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Margaret Montemayor sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total transaction of $824,800.00. Following the sale, the chief accounting officer owned 14,360 shares of the company’s stock, valued at $2,368,825.60. This represents a 25.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 41,588 shares of company stock valued at $6,739,227. 0.92% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on VST shares. TD Cowen cut their price objective on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Morgan Stanley restated an “overweight” rating and set a $210.00 price target on shares of Vistra in a report on Wednesday, June 24th. JPMorgan Chase & Co. reduced their price target on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Weiss Ratings raised Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Finally, Seaport Research Partners restated a “buy” rating and set a $230.00 target price on shares of Vistra in a research note on Monday, June 15th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $230.31.

Vistra Stock Performance

Shares of VST stock opened at $159.05 on Monday. The company has a market cap of $53.63 billion, a P/E ratio of 26.64 and a beta of 1.40. The firm has a fifty day moving average price of $154.02 and a 200 day moving average price of $158.57. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. Vistra Corp. has a 12 month low of $132.66 and a 12 month high of $219.82.

Vistra (NYSE:VST) last announced its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $1.55. The company had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. Sell-side analysts predict that Vistra Corp. will post 9.52 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were paid a dividend of $0.229 per share. The ex-dividend date was Monday, June 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 annualized dividend and a yield of 0.6%. Vistra’s dividend payout ratio (DPR) is presently 15.41%.

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.