Huber Capital Management LLC Has $6.43 Million Position in Vistra Corp. $VST

Huber Capital Management LLC boosted its position in Vistra Corp. (NYSE:VST) by 628.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 39,874 shares of the company’s stock after buying an additional 34,400 shares during the quarter. Huber Capital Management LLC’s holdings in Vistra were worth $6,433,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of VST. Norges Bank acquired a new stake in Vistra in the 4th quarter valued at approximately $746,729,000. Capital World Investors acquired a new stake in Vistra in the 4th quarter valued at approximately $574,499,000. Rubric Capital Management LP acquired a new stake in Vistra in the 4th quarter valued at approximately $322,660,000. Palidye Holdings Caymans Ltd acquired a new stake in Vistra in the 2nd quarter valued at approximately $145,987,000. Finally, Situational Awareness LP raised its position in Vistra by 142.3% in the 2nd quarter. Situational Awareness LP now owns 1,274,178 shares of the company’s stock valued at $246,948,000 after buying an additional 748,332 shares during the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Stock Up 1.1%

VST stock opened at $148.01 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51. The business has a 50 day moving average price of $153.53 and a two-hundred day moving average price of $160.20. The company has a market cap of $49.91 billion, a price-to-earnings ratio of 24.79 and a beta of 1.40. Vistra Corp. has a twelve month low of $132.66 and a twelve month high of $219.82.

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

Vistra Increases Dividend

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

Insider Activity at Vistra

In other news, CAO Margaret Montemayor sold 5,000 shares of Vistra stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total transaction of $824,800.00. Following the completion of the transaction, the chief accounting officer directly 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.92% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on VST shares. Jefferies Financial Group reissued a “buy” rating and issued a $190.00 target price on shares of Vistra in a research report on Thursday, May 21st. BMO Capital Markets reissued an “outperform” rating and issued a $241.00 target price on shares of Vistra in a research report on Monday, March 2nd. Weiss Ratings raised Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. JPMorgan Chase & Co. dropped their target price on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Finally, Wells Fargo & Company dropped their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a research report on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Vistra presently has a consensus rating of “Buy” and a consensus target price of $233.33.

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.