3,503 Shares in Vistra Corp. $VST Acquired by Excelsior Advisor Network LLC

Excelsior Advisor Network LLC bought a new position in shares of Vistra Corp. (NYSE:VST) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,503 shares of the company’s stock, valued at approximately $527,000.

Other hedge funds have also modified their holdings of the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in Vistra in the 4th quarter worth approximately $25,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Vistra in the fourth quarter valued at approximately $28,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Vistra in the fourth quarter valued at approximately $30,000. Strive Financial Group LLC purchased a new position in Vistra during the fourth quarter worth approximately $33,000. Finally, Salomon & Ludwin LLC boosted its stake in Vistra by 74.8% during the fourth quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock worth $35,000 after buying an additional 92 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. TD Cowen cut their target price on Vistra from $230.00 to $222.00 and set a “buy” rating for the company in a research note on Monday. Sanford C. Bernstein set a $187.00 price objective on shares of Vistra and gave the company an “outperform” rating in a report on Tuesday, June 16th. Jefferies Financial Group restated a “buy” rating and set a $190.00 price objective on shares of Vistra in a research report on Thursday, May 21st. Morgan Stanley reaffirmed an “overweight” rating on shares of Vistra in a research note on Wednesday, July 22nd. Finally, Seaport Research Partners reiterated a “buy” rating and issued a $230.00 target price on shares of Vistra in a report on Monday, June 15th. Three 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. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $230.12.

Vistra Trading Down 3.8%

NYSE VST opened at $157.09 on Tuesday. The firm’s 50-day moving average is $156.46 and its two-hundred day moving average is $158.35. Vistra Corp. has a 12 month low of $132.66 and a 12 month high of $219.82. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79. The stock has a market capitalization of $52.97 billion, a P/E ratio of 26.31 and a beta of 1.40.

Vistra (NYSE:VST) last announced its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, topping the consensus estimate of $1.32 by $1.55. The company had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.22 billion. Vistra had a net margin of 11.52% and a return on equity of 105.64%. On average, sell-side analysts anticipate that Vistra Corp. will post 9.52 earnings per share for the current year.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were issued a $0.229 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date was Monday, June 22nd. This represents a $0.92 annualized dividend and a yield of 0.6%. Vistra’s payout ratio is 15.41%.

Insider Activity at Vistra

In other news, Director Scott B. Helm sold 25,000 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $160.00, for a total transaction of $4,000,000.00. Following the completion of the transaction, the director directly owned 232,200 shares in the company, valued at $37,152,000. This trade represents a 9.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John R. Sult sold 6,500 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $170.00, for a total value of $1,105,000.00. Following the completion of the sale, the director owned 70,714 shares in the company, valued at $12,021,380. This represents a 8.42% decrease in their position. 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 have sold a total of 41,588 shares of company stock worth $6,739,227 over the last quarter. Company insiders own 0.92% of the company’s stock.

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.