Northeast Investment Management Acquires Shares of 8,774 Vistra Corp. $VST

Northeast Investment Management acquired a new stake in Vistra Corp. (NYSE:VST) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 8,774 shares of the company’s stock, valued at approximately $1,416,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Quent Capital LLC acquired a new position in Vistra during the third quarter worth about $25,000. Archer Investment Corp boosted its position in Vistra by 2,700.0% during the third quarter. Archer Investment Corp now owns 140 shares of the company’s stock worth $27,000 after acquiring an additional 135 shares during the last quarter. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in Vistra during the third quarter worth about $28,000. Orion Capital Management LLC acquired a new position in Vistra during the third quarter worth about $29,000. Finally, Salomon & Ludwin LLC boosted its position in Vistra by 74.8% during the fourth quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock worth $35,000 after acquiring an additional 92 shares during the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

NYSE:VST opened at $146.90 on Wednesday. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.69. The firm has a market capitalization of $49.53 billion, a price-to-earnings ratio of 24.61, a PEG ratio of 0.88 and a beta of 1.43. The company’s 50-day moving average is $157.67 and its two-hundred day moving average is $165.72. Vistra Corp. has a 1-year low of $138.53 and a 1-year high of $219.82.

Vistra (NYSE:VST) last posted its 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. The company had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.22 billion. Vistra had a net margin of 11.52% and a return on equity of 105.64%. Analysts forecast that Vistra Corp. will post 9.16 EPS for the current year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be issued a $0.229 dividend. This represents a $0.92 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, June 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is presently 15.24%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on VST shares. Wells Fargo & Company lowered their price target on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a research report on Friday, February 27th. BMO Capital Markets restated an “outperform” rating and set a $241.00 price target on shares of Vistra in a research report on Monday, March 2nd. Raymond James Financial set a $208.00 price target on shares of Vistra in a research report on Monday, April 27th. JPMorgan Chase & Co. lowered their price target on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Finally, Weiss Ratings upgraded shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Vistra currently has a consensus rating of “Buy” and an average target price of $233.93.

Insiders Place Their Bets

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $160.31, for a total value of $1,603,100.00. Following the transaction, the executive vice president directly owned 114,409 shares in the company, valued at $18,340,906.79. The trade was a 8.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.92% of the stock is owned by insiders.

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.