Beverly Hills Private Wealth LLC Purchases Shares of 30,841 Vistra Corp. $VST

Beverly Hills Private Wealth LLC acquired a new position in Vistra Corp. (NYSE:VST) in the 2nd quarter, HoldingsChannel reports. The firm acquired 30,841 shares of the company’s stock, valued at approximately $4,892,000.

A number of other large investors have also recently made changes to their positions in the business. Empowered Funds LLC increased its stake in shares of Vistra by 24.1% during the first quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock valued at $2,371,000 after buying an additional 3,920 shares during the period. Woodline Partners LP lifted its stake in Vistra by 40.7% in the first quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock worth $3,376,000 after acquiring an additional 8,312 shares during the period. Focus Partners Wealth boosted its holdings in Vistra by 37.3% in the first quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock valued at $920,000 after acquiring an additional 2,125 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in Vistra during the 2nd quarter valued at $269,000. Finally, Slocum Gordon & Co LLP increased its position in Vistra by 20.0% during the 2nd quarter. Slocum Gordon & Co LLP now owns 1,200 shares of the company’s stock valued at $233,000 after purchasing an additional 200 shares during the period. 90.88% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Vistra

In related news, Director John R. Sult sold 6,500 shares of the business’s stock in a transaction dated 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 sale, the director owned 70,714 shares of the company’s stock, valued at $12,021,380. The trade was a 8.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paul M. Barbas sold 244 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $153.00, for a total transaction of $37,332.00. Following the completion of the sale, the director owned 53,006 shares in the company, valued at approximately $8,109,918. This trade represents a 0.46% decrease in their position. The SEC filing for this sale provides additional information. 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 in the last quarter. 0.92% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on VST shares. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $212.00 target price on shares of Vistra in a research report on Monday, August 10th. Seaport Research Partners reiterated a “buy” rating and set a $230.00 price target on shares of Vistra in a research report on Monday, June 15th. The Goldman Sachs Group set a $206.00 price target on shares of Vistra in a research note on Wednesday. Zacks Research upgraded shares of Vistra from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Finally, Morgan Stanley lifted their price objective on Vistra from $208.00 to $212.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Vistra has a consensus rating of “Buy” and an average price target of $228.56.

Vistra Stock Performance

Shares of Vistra stock opened at $148.33 on Monday. The company has a current ratio of 0.97, a quick ratio of 0.87 and a debt-to-equity ratio of 5.87. The firm has a market capitalization of $49.79 billion, a P/E ratio of 25.06 and a beta of 1.41. The business has a fifty day simple moving average of $154.14 and a two-hundred day simple moving average of $156.55. Vistra Corp. has a 12 month low of $132.66 and a 12 month high of $219.82.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Monday, September 21st. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is 15.54%.

Vistra Company 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.