Vestor Capital LLC bought a new stake in Vistra Corp. (NYSE:VST – Free Report) during the first quarter, HoldingsChannel.com reports. The fund bought 24,087 shares of the company’s stock, valued at approximately $3,621,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Vistra during the fourth quarter valued at approximately $25,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Vistra in the 4th quarter worth approximately $28,000. Kemnay Advisory Services Inc. acquired a new position in shares of Vistra in the 4th quarter worth approximately $30,000. Triumph Capital Management bought a new position in shares of Vistra during the 3rd quarter worth approximately $38,000. Finally, Strive Asset Management LLC acquired a new stake in Vistra in the 3rd quarter valued at $38,000. Institutional investors and hedge funds own 90.88% of the company’s stock.
Vistra News Roundup
Here are the key news stories impacting Vistra this week:
- Positive Sentiment: Morgan Stanley raised its price target for Vistra to $212 and maintained a favorable view, providing a bullish valuation signal and potential support for the stock. Morgan Stanley Raises Vistra Price Target to $212
- Positive Sentiment: Morgan Stanley also issued a “Buy” rating, reinforcing the view that Vistra’s power-generation assets and exposure to rising electricity demand could offer further upside. Vistra Gets a Buy from Morgan Stanley
- Positive Sentiment: Vistra declared a quarterly common-stock dividend of $0.23 per share, payable September 30 to shareholders of record September 21. The roughly $75 million distribution offers continued shareholder returns and was described as a modest increase from the prior dividend. Vistra Declares Dividend
- Neutral Sentiment: Vistra’s valuation appears mixed following its pullback. Potential growth from data-center electricity demand remains an investment theme, but new limits affecting data-center development in New York could constrain some expansion expectations. Vistra Stock Looks Reasonable Following New York Data Center Limits
- Negative Sentiment: Recent analyst downgrades and a pessimistic TD Cowen forecast pressured the shares, highlighting concerns about Vistra’s outlook and contributing to the recent decline. TD Cowen Issues Pessimistic Forecast for Vistra
Insider Activity at Vistra
Vistra Price Performance
Vistra stock opened at $148.31 on Friday. The business’s fifty day moving average is $156.69 and its two-hundred day moving average is $158.12. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.79 and a current ratio of 0.90. The firm has a market cap of $50.01 billion, a P/E ratio of 24.84 and a beta of 1.40. Vistra Corp. has a 52 week low of $132.66 and a 52 week high of $219.82.
Vistra (NYSE:VST – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $1.55. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The company had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.22 billion. Equities research analysts forecast that Vistra Corp. will post 9.42 earnings per share for the current fiscal year.
Vistra Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, September 21st. This is a boost from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is 15.41%.
Analyst Ratings Changes
VST has been the subject of several recent analyst reports. Weiss Ratings lowered Vistra from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, July 16th. Sanford C. Bernstein set a $187.00 target price on shares of Vistra and gave the stock an “outperform” rating in a report on Tuesday, June 16th. Raymond James Financial set a $208.00 target price on shares of Vistra in a research report on Monday, April 27th. UBS Group cut their price target on shares of Vistra from $233.00 to $227.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $190.00 price objective on shares of Vistra in a research note on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $229.88.
Check Out Our Latest Report on Vistra
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.
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