1,111 Shares in Vistra Corp. $VST Purchased by Intrust Bank NA

Intrust Bank NA bought a new stake in shares of Vistra Corp. (NYSE:VST) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,111 shares of the company’s stock, valued at approximately $215,000.

A number of other hedge funds have also made changes to their positions in VST. Banque Transatlantique SA grew its position in Vistra by 132.0% during the first quarter. Banque Transatlantique SA now owns 232 shares of the company’s stock valued at $25,000 after purchasing an additional 132 shares in the last quarter. City State Bank boosted its stake in shares of Vistra by 210.0% during the 2nd quarter. City State Bank now owns 155 shares of the company’s stock valued at $30,000 after buying an additional 105 shares during the period. Keener Financial Planning LLC purchased a new position in shares of Vistra during the 1st quarter valued at $34,000. WPG Advisers LLC purchased a new position in shares of Vistra during the 1st quarter valued at $37,000. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Vistra in the first quarter worth $39,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Vistra

In related news, EVP Carrie Lee Kirby sold 58,275 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $174.75, for a total transaction of $10,183,556.25. Following the completion of the transaction, the executive vice president owned 218,239 shares of the company’s stock, valued at approximately $38,137,265.25. The trade was a 21.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Scott A. Hudson sold 56,000 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $168.86, for a total value of $9,456,160.00. Following the sale, the executive vice president owned 306,600 shares of the company’s stock, valued at approximately $51,772,476. The trade was a 15.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 860,120 shares of company stock worth $171,817,820 over the last ninety days. Company insiders own 1.42% of the company’s stock.

Analyst Ratings Changes

VST has been the topic of a number of recent research reports. TD Cowen initiated coverage on Vistra in a research note on Thursday, October 16th. They issued a “buy” rating and a $250.00 target price on the stock. Scotiabank started coverage on Vistra in a report on Monday, September 22nd. They set a “sector outperform” rating and a $256.00 price target for the company. Cowen started coverage on Vistra in a report on Wednesday, October 15th. They issued a “buy” rating on the stock. Melius Research raised shares of Vistra to a “strong-buy” rating in a research report on Wednesday, August 20th. Finally, Melius initiated coverage on shares of Vistra in a research report on Wednesday, August 20th. They issued a “buy” rating and a $295.00 target price for the company. Four research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Vistra has a consensus rating of “Buy” and an average price target of $234.21.

Vistra Stock Up 2.7%

Shares of Vistra stock opened at $179.15 on Thursday. Vistra Corp. has a 12-month low of $90.51 and a 12-month high of $219.82. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 5.74. The stock has a 50 day moving average price of $196.82 and a two-hundred day moving average price of $187.48. The stock has a market capitalization of $60.70 billion, a P/E ratio of 64.67, a PEG ratio of 2.18 and a beta of 1.30.

Vistra (NYSE:VST) last released its quarterly earnings results on Friday, November 7th. The company reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). The firm had revenue of $4.97 billion during the quarter, compared to the consensus estimate of $6.60 billion. Vistra had a net margin of 6.70% and a return on equity of 64.04%. Equities analysts expect that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be given a dividend of $0.227 per share. The ex-dividend date of this dividend is Monday, December 22nd. This represents a $0.91 dividend on an annualized basis and a yield of 0.5%. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is presently 32.49%.

Vistra Company Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.