Sanctuary Advisors LLC Increases Position in Vistra Corp. $VST

Sanctuary Advisors LLC increased its holdings in Vistra Corp. (NYSE:VST) by 7.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 108,711 shares of the company’s stock after purchasing an additional 7,750 shares during the quarter. Sanctuary Advisors LLC’s holdings in Vistra were worth $16,343,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VST. Cornerstone Advisory LLC grew its holdings in Vistra by 179.9% in the first quarter. Cornerstone Advisory LLC now owns 10,169 shares of the company’s stock valued at $1,529,000 after purchasing an additional 6,536 shares during the period. Checchi Capital Advisers LLC raised its stake in shares of Vistra by 14.3% during the 1st quarter. Checchi Capital Advisers LLC now owns 4,392 shares of the company’s stock worth $660,000 after buying an additional 550 shares during the period. First National Bank of Hutchinson raised its stake in shares of Vistra by 2.0% during the 1st quarter. First National Bank of Hutchinson now owns 4,521 shares of the company’s stock worth $680,000 after buying an additional 90 shares during the period. Maryland State Retirement & Pension System lifted its position in shares of Vistra by 2.1% during the 1st quarter. Maryland State Retirement & Pension System now owns 17,007 shares of the company’s stock valued at $2,557,000 after buying an additional 343 shares in the last quarter. Finally, Calamos Wealth Management LLC lifted its position in shares of Vistra by 10.4% during the 1st quarter. Calamos Wealth Management LLC now owns 4,871 shares of the company’s stock valued at $732,000 after buying an additional 458 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on VST. Morgan Stanley reissued an “overweight” rating and issued a $210.00 price target on shares of Vistra in a report on Wednesday, June 24th. Raymond James Financial set a $208.00 price objective on shares of Vistra in a report on Monday, April 27th. JPMorgan Chase & Co. dropped their target price on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Seaport Research Partners reissued a “buy” rating and set a $230.00 target price on shares of Vistra in a research note on Monday, June 15th. Finally, Jefferies Financial Group restated a “buy” rating and set a $190.00 price target on shares of Vistra in a research report on Thursday, May 21st. 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, Vistra currently has an average rating of “Buy” and a consensus target price of $230.62.

Insider Buying and Selling at Vistra

In related news, CAO Margaret Montemayor sold 4,600 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $160.00, for a total transaction of $736,000.00. Following the transaction, the chief accounting officer directly owned 9,760 shares in the company, valued at approximately $1,561,600. The trade was a 32.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Paul M. Barbas sold 244 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $153.00, for a total transaction of $37,332.00. Following the sale, the director directly owned 53,006 shares of the company’s stock, valued at approximately $8,109,918. This represents a 0.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 41,588 shares of company stock valued at $6,739,227 over the last ninety days. 0.92% of the stock is currently owned by corporate insiders.

Vistra Stock Performance

Shares of NYSE:VST opened at $160.24 on Thursday. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82. The firm has a market capitalization of $54.03 billion, a PE ratio of 26.84 and a beta of 1.40. The business’s 50 day moving average price is $154.02 and its 200-day moving average price is $158.51.

Vistra (NYSE:VST) last posted its quarterly earnings data on Thursday, May 7th. The company reported $2.87 EPS for the quarter, beating the consensus estimate of $1.32 by $1.55. The firm 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%. As a group, equities research analysts expect 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. Stockholders of record on Monday, June 22nd were issued a dividend of $0.229 per share. The ex-dividend date of this dividend was Monday, June 22nd. This is a positive change 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%. Vistra’s payout ratio is currently 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.