94,853 Shares in Vistra Corp. $VST Purchased by ARS Investment Partners LLC

ARS Investment Partners LLC purchased a new stake in Vistra Corp. (NYSE:VST) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 94,853 shares of the company’s stock, valued at approximately $15,303,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Massachusetts Financial Services Co. MA boosted its position in shares of Vistra by 15.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 7,106,465 shares of the company’s stock worth $1,392,299,000 after acquiring an additional 930,912 shares during the last quarter. Palidye Holdings Caymans Ltd purchased a new position in Vistra during the second quarter worth approximately $145,987,000. Situational Awareness LP raised its stake in Vistra by 142.3% during the second quarter. Situational Awareness LP now owns 1,274,178 shares of the company’s stock worth $246,948,000 after purchasing an additional 748,332 shares during the period. Moore Capital Management LP boosted its holdings in shares of Vistra by 2,072.6% in the 2nd quarter. Moore Capital Management LP now owns 528,657 shares of the company’s stock valued at $102,459,000 after purchasing an additional 504,324 shares during the last quarter. Finally, Rubric Capital Management LP boosted its holdings in shares of Vistra by 50.6% in the 2nd quarter. Rubric Capital Management LP now owns 1,424,803 shares of the company’s stock valued at $276,141,000 after purchasing an additional 478,834 shares during the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Stock Performance

Shares of VST stock opened at $139.92 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.69 and a debt-to-equity ratio of 5.51. The company has a market cap of $47.18 billion, a PE ratio of 23.44, a P/E/G ratio of 0.79 and a beta of 1.43. The company’s fifty day simple moving average is $156.34 and its 200-day simple moving average is $164.79. Vistra Corp. has a 52 week low of $137.81 and a 52 week 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 for the quarter, topping analysts’ consensus estimates of $1.32 by $1.55. Vistra had a net margin of 11.52% and a return on equity of 105.64%. The firm had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.22 billion. As a group, equities research analysts anticipate that Vistra Corp. will post 9.31 EPS for the current year.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be given a $0.229 dividend. The ex-dividend date of this dividend is 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 dividend yield of 0.7%. Vistra’s dividend payout ratio (DPR) is currently 15.24%.

Insider Activity

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of the firm’s stock in a transaction dated 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. This trade represents a 8.04% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.92% of the company’s stock.

Wall Street Analysts Forecast Growth

VST has been the subject of a number of research analyst reports. Raymond James Financial set a $208.00 price objective on Vistra in a report on Monday, April 27th. JPMorgan Chase & Co. lowered their price target on Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Morgan Stanley restated an “overweight” rating and set a $208.00 price target on shares of Vistra in a research note on Tuesday, April 21st. The Goldman Sachs Group upgraded Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective on the stock in a report on Friday, February 6th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $241.00 price objective on shares of Vistra in a research note on Monday, March 2nd. Two 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $233.93.

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.