Vistra Corp. $VST is Doheny Asset Management CA’s 5th Largest Position

Doheny Asset Management CA grew its position in Vistra Corp. (NYSE:VST) by 9.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,652 shares of the company’s stock after buying an additional 4,055 shares during the quarter. Vistra accounts for 4.5% of Doheny Asset Management CA’s holdings, making the stock its 5th largest holding. Doheny Asset Management CA’s holdings in Vistra were worth $7,365,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Deepwater Asset Management LLC purchased a new stake in shares of Vistra during the 4th quarter worth $4,713,000. O Shaughnessy Asset Management LLC boosted its position in Vistra by 3.2% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 28,842 shares of the company’s stock valued at $4,653,000 after purchasing an additional 888 shares in the last quarter. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD purchased a new position in Vistra in the fourth quarter valued at about $7,014,000. Syon Capital LLC grew its stake in Vistra by 35.8% in the fourth quarter. Syon Capital LLC now owns 2,098 shares of the company’s stock valued at $338,000 after purchasing an additional 553 shares during the last quarter. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD purchased a new position in Vistra in the fourth quarter valued at about $19,154,000. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Vistra Trading Down 0.0%

Shares of NYSE:VST opened at $148.72 on Monday. The business’s 50-day moving average is $154.21 and its 200 day moving average is $161.13. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82. The firm has a market capitalization of $50.15 billion, a P/E ratio of 24.91 and a beta of 1.40. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79.

Vistra (NYSE:VST) last announced its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $5.22 billion. On average, research analysts predict that Vistra Corp. will post 9.3 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 22nd will be given a dividend of $0.229 per share. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $0.92 annualized dividend and a yield of 0.6%. This is an increase from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is currently 15.24%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on VST. Morgan Stanley reiterated an “overweight” rating and issued a $212.00 target price on shares of Vistra in a research note on Thursday, May 21st. JPMorgan Chase & Co. cut their target price on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Jefferies Financial Group reiterated a “buy” rating and issued a $190.00 target price on shares of Vistra in a research note on Thursday, May 21st. Finally, Raymond James Financial set a $208.00 target price on Vistra in a research note on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Vistra has a consensus rating of “Buy” and an average price target of $233.33.

Insider Transactions at Vistra

In related news, CAO Margaret Montemayor sold 5,000 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total transaction of $824,800.00. Following the transaction, the chief accounting officer directly owned 14,360 shares of the company’s stock, valued at $2,368,825.60. This represents a 25.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.92% of the stock is owned by corporate insiders.

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.