PFG Investments LLC Has $735,000 Stock Holdings in Vistra Corp. $VST

PFG Investments LLC grew its holdings in Vistra Corp. (NYSE:VST) by 209.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 4,888 shares of the company’s stock after purchasing an additional 3,310 shares during the period. PFG Investments LLC’s holdings in Vistra were worth $735,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Equitable Holdings Inc. lifted its stake in Vistra by 0.9% in the 3rd quarter. Equitable Holdings Inc. now owns 7,045 shares of the company’s stock valued at $1,380,000 after purchasing an additional 61 shares during the last quarter. SOA Wealth Advisors LLC. boosted its position in Vistra by 21.7% in the fourth quarter. SOA Wealth Advisors LLC. now owns 365 shares of the company’s stock valued at $59,000 after buying an additional 65 shares in the last quarter. UMB Bank n.a. grew its stake in shares of Vistra by 3.8% during the fourth quarter. UMB Bank n.a. now owns 1,770 shares of the company’s stock worth $286,000 after buying an additional 65 shares during the last quarter. Rothschild Investment LLC increased its holdings in shares of Vistra by 2.9% during the fourth quarter. Rothschild Investment LLC now owns 2,409 shares of the company’s stock worth $389,000 after buying an additional 68 shares in the last quarter. Finally, Outlook Wealth Advisors LLC increased its holdings in shares of Vistra by 4.9% during the first quarter. Outlook Wealth Advisors LLC now owns 1,511 shares of the company’s stock worth $227,000 after buying an additional 70 shares in the last quarter. 90.88% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Paul M. Barbas sold 244 shares of Vistra stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $153.00, for a total value of $37,332.00. Following the transaction, the director directly owned 53,006 shares of the company’s stock, valued at $8,109,918. The trade was a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Margaret Montemayor sold 4,600 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $160.00, for a total value of $736,000.00. Following the completion of the sale, the chief accounting officer owned 9,760 shares in the company, valued at $1,561,600. The trade was a 32.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 41,588 shares of company stock worth $6,739,227. Corporate insiders own 0.92% of the company’s stock.

Vistra Trading Down 1.8%

Shares of NYSE:VST traded down $2.88 during mid-day trading on Tuesday, reaching $154.34. 549,879 shares of the company’s stock were exchanged, compared to its average volume of 5,038,758. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.79 and a current ratio of 0.90. Vistra Corp. has a twelve month low of $132.66 and a twelve month high of $219.82. The firm has a market capitalization of $52.04 billion, a price-to-earnings ratio of 25.86 and a beta of 1.40. The business’s fifty day moving average price is $154.38 and its 200-day moving average price is $158.74.

Vistra (NYSE:VST) last posted its quarterly earnings data 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 business 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%. On average, research analysts predict that Vistra Corp. will post 9.52 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd were given 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 dividend on an annualized basis and a dividend yield of 0.6%. Vistra’s dividend payout ratio is presently 15.41%.

Wall Street Analyst Weigh In

VST has been the subject of a number of research reports. TD Cowen dropped their price target on Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, May 4th. JPMorgan Chase & Co. lowered their target price on Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Seaport Research Partners reissued a “buy” rating and set a $230.00 price target on shares of Vistra in a research note on Monday, June 15th. Jefferies Financial Group restated a “buy” rating and set a $190.00 price target on shares of Vistra in a report on Thursday, May 21st. Finally, Weiss Ratings raised Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. 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 company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $230.31.

About Vistra

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.