12,926 Shares in Vistra Corp. $VST Purchased by Objectivity Squared LLC

Objectivity Squared LLC bought a new stake in Vistra Corp. (NYSE:VSTFree Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,926 shares of the company’s stock, valued at approximately $2,050,000. Vistra makes up approximately 1.2% of Objectivity Squared LLC’s investment portfolio, making the stock its 14th biggest position.

Several other hedge funds also recently modified their holdings of the stock. Equitable Holdings Inc. boosted its holdings in Vistra by 0.9% during the 3rd quarter. Equitable Holdings Inc. now owns 7,045 shares of the company’s stock worth $1,380,000 after acquiring an additional 61 shares during the last quarter. UMB Bank n.a. grew its stake in shares of Vistra by 3.8% in the 4th quarter. UMB Bank n.a. now owns 1,770 shares of the company’s stock worth $286,000 after acquiring an additional 65 shares in the last quarter. Rothschild Investment LLC raised its holdings in shares of Vistra by 2.9% in the fourth quarter. Rothschild Investment LLC now owns 2,409 shares of the company’s stock valued at $389,000 after purchasing an additional 68 shares during the last quarter. Outlook Wealth Advisors LLC raised its holdings in shares of Vistra by 4.9% in the first quarter. Outlook Wealth Advisors LLC now owns 1,511 shares of the company’s stock valued at $227,000 after purchasing an additional 70 shares during the last quarter. Finally, Principle Wealth Partners LLC lifted its position in shares of Vistra by 0.5% during the fourth quarter. Principle Wealth Partners LLC now owns 14,462 shares of the company’s stock valued at $2,333,000 after purchasing an additional 73 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Price Performance

VST opened at $146.58 on Tuesday. The firm has a 50-day moving average price of $154.14 and a 200-day moving average price of $156.42. Vistra Corp. has a twelve month low of $132.66 and a twelve month high of $219.82. The company has a quick ratio of 0.87, a current ratio of 0.97 and a debt-to-equity ratio of 5.87. The company has a market capitalization of $49.20 billion, a price-to-earnings ratio of 24.76 and a beta of 1.41.

Vistra (NYSE:VSTGet Free Report) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.76 EPS for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.85). Vistra had a return on equity of 108.68% and a net margin of 11.55%.The company had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $5.46 billion. Equities analysts expect that Vistra Corp. will post 9.23 EPS for the current year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, September 21st. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is currently 15.54%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on VST shares. Morgan Stanley upped their price objective on shares of Vistra from $208.00 to $212.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. Jefferies Financial Group reissued a “buy” rating and set a $190.00 target price on shares of Vistra in a research report on Thursday, May 21st. Scotiabank boosted their target price on Vistra from $293.00 to $298.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. UBS Group reduced their target price on Vistra from $233.00 to $227.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $212.00 price target on shares of Vistra in a research report on Monday, August 10th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $228.56.

Check Out Our Latest Analysis on VST

Insider Activity at Vistra

In related news, CAO Margaret Montemayor sold 5,000 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total value of $824,800.00. Following the transaction, the chief accounting officer owned 14,360 shares of the company’s stock, valued at $2,368,825.60. This represents a 25.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul M. Barbas sold 244 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $153.00, for a total value of $37,332.00. Following the transaction, the director owned 53,006 shares in the company, valued at $8,109,918. This trade represents a 0.46% decrease in their ownership of the stock. 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 sold 41,588 shares of company stock worth $6,739,227 over the last quarter. 0.92% of the stock is currently owned by corporate insiders.

Vistra Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Vistra (NYSE:VST)

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