Consolidated Capital Management LLC Invests $3.79 Million in Vistra Corp. $VST

Consolidated Capital Management LLC acquired a new position in Vistra Corp. (NYSE:VST) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 23,506 shares of the company’s stock, valued at approximately $3,792,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in shares of Vistra in the third quarter worth approximately $28,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of Vistra in the fourth quarter worth approximately $25,000. Triumph Capital Management purchased a new position in shares of Vistra in the third quarter worth approximately $38,000. Strive Asset Management LLC purchased a new position in shares of Vistra in the third quarter worth approximately $38,000. Finally, Salomon & Ludwin LLC boosted its holdings in shares of Vistra by 74.8% in 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. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on VST shares. The Goldman Sachs Group raised shares of Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective on the stock in a report on Friday, February 6th. Morgan Stanley reissued an “overweight” rating and issued a $212.00 price objective on shares of Vistra in a report on Thursday, May 21st. JPMorgan Chase & Co. dropped their price objective on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. BMO Capital Markets reissued an “outperform” rating and issued a $241.00 price objective on shares of Vistra in a report on Monday, March 2nd. Finally, Weiss Ratings raised shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Two research 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.com, Vistra currently has a consensus rating of “Buy” and a consensus target price of $233.33.

Vistra Price Performance

Shares of NYSE:VST opened at $160.10 on Friday. 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 Corp. has a 1-year low of $132.66 and a 1-year high of $219.82. The company has a market capitalization of $53.98 billion, a P/E ratio of 26.82 and a beta of 1.43. The firm’s 50 day simple moving average is $154.20 and its two-hundred day simple moving average is $162.07.

Vistra (NYSE:VST) last issued its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $1.32 by $1.55. Vistra had a net margin of 11.52% and a return on equity of 105.64%. The business had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.22 billion. Research analysts expect that Vistra Corp. will post 9.3 EPS for the current fiscal year.

Vistra Increases Dividend

The business 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. The ex-dividend date is Monday, June 22nd. This is an increase from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. Vistra’s dividend payout ratio (DPR) is 15.24%.

Insider Activity at Vistra

In other news, EVP Stephanie Zapata Moore sold 10,000 shares of Vistra stock in a transaction that occurred 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 sale, the executive vice president owned 114,409 shares in the company, valued at $18,340,906.79. This trade represents a 8.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Margaret Montemayor sold 5,000 shares of Vistra stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $164.96, for a total transaction of $824,800.00. Following the sale, the chief accounting officer owned 14,360 shares in the company, valued at approximately $2,368,825.60. The trade was a 25.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.92% of the company’s stock.

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.