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) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,503 shares of the company’s stock, valued at approximately $527,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Vistra by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 41,588,784 shares of the company’s stock valued at $6,709,519,000 after purchasing an additional 390,157 shares during the last quarter. State Street Corp increased its holdings in Vistra by 2.7% in the fourth quarter. State Street Corp now owns 16,474,869 shares of the company’s stock valued at $2,657,891,000 after buying an additional 432,028 shares during the last quarter. Geode Capital Management LLC raised its stake in Vistra by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 8,965,648 shares of the company’s stock valued at $1,441,112,000 after buying an additional 97,424 shares in the last quarter. Norges Bank acquired a new stake in Vistra in the fourth quarter valued at $746,729,000. Finally, Invesco Ltd. lifted its holdings in Vistra by 0.8% during the 3rd quarter. Invesco Ltd. now owns 4,572,642 shares of the company’s stock worth $895,872,000 after buying an additional 35,258 shares during the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling at Vistra

In related news, Director Paul M. Barbas sold 244 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $153.00, for a total transaction of $37,332.00. Following the completion of the sale, the director owned 53,006 shares in the company, valued at $8,109,918. This represents a 0.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $160.00, for a total transaction of $736,000.00. Following the transaction, the chief accounting officer directly 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 SEC filing for this sale provides additional information. Insiders have sold 41,588 shares of company stock worth $6,739,227 in the last 90 days. Company insiders own 0.92% of the company’s stock.

Vistra Stock Down 3.8%

Vistra stock opened at $157.09 on Tuesday. Vistra Corp. has a fifty-two week low of $132.66 and a fifty-two week high of $219.82. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.79 and a current ratio of 0.90. The company has a market capitalization of $52.97 billion, a P/E ratio of 26.31 and a beta of 1.40. The stock has a 50-day simple moving average of $156.46 and a 200-day simple moving average of $158.35.

Vistra (NYSE:VST) last released its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 105.64% and a net margin of 11.52%. Equities research analysts expect that Vistra Corp. will post 9.52 earnings per share for the current year.

Vistra Increases Dividend

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

Wall Street Analyst Weigh In

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

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.