Kelleher Financial Advisors Purchases 496 Shares of Vistra Corp. $VST

Kelleher Financial Advisors grew its position in Vistra Corp. (NYSE:VST) by 21.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,770 shares of the company’s stock after purchasing an additional 496 shares during the quarter. Kelleher Financial Advisors’ holdings in Vistra were worth $537,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Nuveen LLC bought a new stake in Vistra during the first quarter valued at about $209,149,000. Assenagon Asset Management S.A. boosted its stake in Vistra by 2,341.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 865,562 shares of the company’s stock worth $167,755,000 after purchasing an additional 830,111 shares during the period. National Pension Service raised its position in shares of Vistra by 81.6% during the second quarter. National Pension Service now owns 1,125,100 shares of the company’s stock valued at $218,056,000 after buying an additional 505,495 shares during the last quarter. Fred Alger Management LLC lifted its holdings in shares of Vistra by 102.5% in the first quarter. Fred Alger Management LLC now owns 973,339 shares of the company’s stock worth $114,309,000 after buying an additional 492,765 shares in the last quarter. Finally, 140 Summer Partners LP bought a new position in shares of Vistra during the first quarter worth $56,876,000. 90.88% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO James A. Burke sold 43,074 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $208.75, for a total transaction of $8,991,697.50. Following the transaction, the chief executive officer directly owned 217,025 shares of the company’s stock, valued at approximately $45,303,968.75. This trade represents a 16.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 723,910 shares of company stock valued at $148,086,569. 1.42% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

VST has been the subject of a number of research analyst reports. Evercore ISI raised their price objective on Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Cowen started coverage on Vistra in a report on Wednesday, October 15th. They set a “buy” rating on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Vistra in a research note on Thursday, October 30th. Wells Fargo & Company started coverage on shares of Vistra in a research note on Monday, October 27th. They issued an “overweight” rating and a $238.00 price objective for the company. Finally, Wall Street Zen cut shares of Vistra from a “hold” rating to a “sell” rating in a research report on Friday, September 5th. Four investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $234.21.

Vistra Trading Down 5.0%

VST opened at $178.92 on Wednesday. Vistra Corp. has a one year low of $90.51 and a one year high of $219.82. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.80 and a current ratio of 0.99. The stock has a market cap of $60.62 billion, a price-to-earnings ratio of 64.59, a P/E/G ratio of 2.35 and a beta of 1.30. The stock’s 50 day moving average price is $198.88 and its 200-day moving average price is $186.07.

Vistra (NYSE:VST) last announced its quarterly earnings data on Thursday, November 6th. The company reported $1.75 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.03). Vistra had a net margin of 6.70% and a return on equity of 64.04%. The business had revenue of $4.97 billion during the quarter, compared to the consensus estimate of $6.60 billion. On average, equities analysts forecast that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be given a $0.227 dividend. This is a positive change from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, December 22nd. This represents a $0.91 annualized dividend and a yield of 0.5%. Vistra’s dividend payout ratio is presently 32.49%.

Vistra Company Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.