Callahan Advisors LLC Invests $837,000 in Vistra Corp. $VST

Callahan Advisors LLC acquired a new stake in shares of Vistra Corp. (NYSE:VST) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 5,190 shares of the company’s stock, valued at approximately $837,000.

A number of other hedge funds have also recently modified their holdings of the business. Bridgewater Advisors Inc. grew its position in shares of Vistra by 3.1% during the 3rd quarter. Bridgewater Advisors Inc. now owns 1,787 shares of the company’s stock valued at $350,000 after acquiring an additional 53 shares during the period. Y.D. More Investments Ltd grew its position in shares of Vistra by 7.1% during the 3rd quarter. Y.D. More Investments Ltd now owns 916 shares of the company’s stock valued at $168,000 after acquiring an additional 61 shares during the period. Equitable Holdings Inc. grew its position in shares of Vistra by 0.9% during the 3rd quarter. Equitable Holdings Inc. now owns 7,045 shares of the company’s stock valued at $1,380,000 after acquiring an additional 61 shares during the period. Ballentine Partners LLC grew its position in shares of Vistra by 2.0% during the 3rd quarter. Ballentine Partners LLC now owns 3,275 shares of the company’s stock valued at $642,000 after acquiring an additional 63 shares during the period. Finally, SOA Wealth Advisors LLC. grew its position in shares of Vistra by 21.7% during the 4th quarter. SOA Wealth Advisors LLC. now owns 365 shares of the company’s stock valued at $59,000 after acquiring an additional 65 shares during the period. Institutional investors own 90.88% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on VST. Morgan Stanley reissued an “overweight” rating and set a $208.00 price objective on shares of Vistra in a research report on Tuesday, April 21st. TD Cowen cut their price objective on shares of Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research report on Monday, May 4th. JPMorgan Chase & Co. cut their price objective on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. The Goldman Sachs Group raised shares of Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective for the company in a research report on Friday, February 6th. Finally, Jefferies Financial Group upgraded shares of Vistra from a “hold” rating to a “buy” rating and raised their price objective for the company from $191.00 to $203.00 in a research report on Tuesday, February 10th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $233.93.

Insider Activity at Vistra

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the completion of the transaction, the executive vice president directly owned 114,409 shares of the company’s stock, valued at approximately $18,340,906.79. This trade represents a 8.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.92% of the stock is owned by insiders.

Vistra Stock Up 7.0%

Shares of VST stock opened at $144.15 on Thursday. The company has a market capitalization of $48.61 billion, a price-to-earnings ratio of 24.15, a PEG ratio of 0.77 and a beta of 1.43. Vistra Corp. has a one year low of $132.66 and a one year high of $219.82. The company’s fifty day moving average price is $154.85 and its 200-day moving average price is $163.39. 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 quarterly earnings data on Thursday, May 7th. The company reported $2.87 EPS for the quarter, beating the consensus estimate of $1.32 by $1.55. The firm had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.22 billion. Vistra had a net margin of 11.52% and a return on equity of 105.64%. Sell-side analysts expect that Vistra Corp. will post 9.31 EPS for the current fiscal year.

Vistra Increases Dividend

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

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.