Goelzer Investment Management Inc. Purchases New Stake in Vistra Corp. $VST

Goelzer Investment Management Inc. acquired a new position in shares of Vistra Corp. (NYSE:VST) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 7,098 shares of the company’s stock, valued at approximately $1,145,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VST. Salomon & Ludwin LLC acquired a new stake in shares of Vistra in the 3rd quarter worth $25,000. Quent Capital LLC purchased a new position in shares of Vistra during the 3rd quarter worth $25,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Vistra during the 2nd quarter valued at about $28,000. Archer Investment Corp boosted its position in shares of Vistra by 2,700.0% during the 3rd quarter. Archer Investment Corp now owns 140 shares of the company’s stock valued at $27,000 after acquiring an additional 135 shares during the last quarter. Finally, Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in shares of Vistra in the third quarter valued at about $28,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insiders Place Their Bets

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $160.31, for a total value of $1,603,100.00. Following the sale, the executive vice president owned 114,409 shares of the company’s stock, valued at $18,340,906.79. The trade was a 8.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.42% of the company’s stock.

Vistra Stock Up 0.2%

Shares of VST opened at $155.77 on Monday. The company’s 50-day moving average price is $161.67 and its 200 day moving average price is $175.80. Vistra Corp. has a 12-month low of $90.51 and a 12-month high of $219.82. The company has a current ratio of 0.78, a quick ratio of 0.69 and a debt-to-equity ratio of 6.01. The firm has a market cap of $52.74 billion, a P/E ratio of 71.79, a price-to-earnings-growth ratio of 0.95 and a beta of 1.42.

Vistra (NYSE:VST) last announced its earnings results on Thursday, February 26th. The company reported $2.18 earnings per share for the quarter, missing the consensus estimate of $2.45 by ($0.27). Vistra had a return on equity of 81.09% and a net margin of 5.32%.The company had revenue of $4.58 billion for the quarter, compared to analysts’ expectations of $5.75 billion. On average, sell-side analysts forecast that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 20th will be given a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, March 20th. This is an increase from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is 41.94%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Jefferies Financial Group upgraded shares of Vistra from a “hold” rating to a “buy” rating and raised their price objective for the stock from $191.00 to $203.00 in a research report on Tuesday, February 10th. Wells Fargo & Company dropped their price target on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. UBS Group raised their price target on shares of Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vistra in a research report on Monday, December 29th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $215.00 price objective on shares of Vistra in a report on Friday, February 20th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $236.87.

About Vistra

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.