Signature Estate & Investment Advisors LLC Buys Shares of 185,180 Vistra Corp. $VST

Signature Estate & Investment Advisors LLC bought a new stake in shares of Vistra Corp. (NYSE:VST) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 185,180 shares of the company’s stock, valued at approximately $29,875,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Archer Investment Corp lifted its stake in Vistra by 2,700.0% during the 3rd quarter. Archer Investment Corp now owns 140 shares of the company’s stock valued at $27,000 after acquiring an additional 135 shares during the period. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in shares of Vistra during the 3rd quarter valued at $28,000. Orion Capital Management LLC bought a new position in shares of Vistra during the 3rd quarter valued at $29,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Vistra during the 4th quarter valued at $25,000. Finally, Triumph Capital Management bought a new position in shares of Vistra during the 3rd quarter valued at $38,000. Institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the sale, the executive vice president owned 114,409 shares in the company, valued at approximately $18,340,906.79. This trade represents a 8.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.92% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VST. Raymond James Financial set a $208.00 price target on Vistra in a report on Monday, April 27th. Morgan Stanley reissued an “overweight” rating and set a $212.00 price target on shares of Vistra in a report on Thursday. The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price target on the stock in a report on Friday, February 6th. Jefferies Financial Group reiterated a “buy” rating and issued a $190.00 price objective on shares of Vistra in a research note on Thursday. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $241.00 price objective on shares of Vistra in a research note on Monday, March 2nd. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $233.33.

Vistra Price Performance

Shares of NYSE:VST opened at $149.16 on Friday. Vistra Corp. has a twelve month low of $132.66 and a twelve month high of $219.82. The firm’s 50 day moving average price is $154.54 and its 200-day moving average price is $163.12. The stock has a market capitalization of $50.29 billion, a PE ratio of 24.98, a price-to-earnings-growth ratio of 0.82 and a beta of 1.43. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51.

Vistra (NYSE:VST) last announced its earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $1.55. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The company had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.22 billion. Equities research analysts expect that Vistra Corp. will post 9.31 EPS for the current year.

Vistra Increases Dividend

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

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.