Nisa Investment Advisors LLC Acquires 6,813 Shares of Vistra Corp. (NYSE:VST)

Nisa Investment Advisors LLC raised its holdings in Vistra Corp. (NYSE:VST) by 8.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 88,564 shares of the company’s stock after purchasing an additional 6,813 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Vistra were worth $3,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in VST. DekaBank Deutsche Girozentrale lifted its position in Vistra by 2.3% in the 4th quarter. DekaBank Deutsche Girozentrale now owns 17,214 shares of the company’s stock worth $662,000 after buying an additional 384 shares during the last quarter. Advisors Asset Management Inc. lifted its position in Vistra by 3.8% in the 3rd quarter. Advisors Asset Management Inc. now owns 11,090 shares of the company’s stock worth $368,000 after buying an additional 405 shares during the last quarter. Blue Trust Inc. lifted its position in Vistra by 160.7% in the 4th quarter. Blue Trust Inc. now owns 717 shares of the company’s stock worth $28,000 after buying an additional 442 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in Vistra by 2.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 20,391 shares of the company’s stock worth $535,000 after buying an additional 460 shares during the last quarter. Finally, Fifth Third Bancorp lifted its position in Vistra by 52.1% in the 4th quarter. Fifth Third Bancorp now owns 1,346 shares of the company’s stock worth $52,000 after buying an additional 461 shares during the last quarter. Institutional investors own 90.88% of the company’s stock.

Insider Activity

In other news, EVP Carrie Lee Kirby sold 72,748 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $62.63, for a total transaction of $4,556,207.24. Following the transaction, the executive vice president now directly owns 184,201 shares of the company’s stock, valued at $11,536,508.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, EVP Scott A. Hudson sold 86,517 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $59.11, for a total value of $5,114,019.87. Following the sale, the executive vice president now directly owns 254,932 shares of the company’s stock, valued at $15,069,030.52. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Carrie Lee Kirby sold 72,748 shares of the stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $62.63, for a total value of $4,556,207.24. Following the completion of the sale, the executive vice president now directly owns 184,201 shares in the company, valued at $11,536,508.63. The disclosure for this sale can be found here. Over the last three months, insiders have sold 257,285 shares of company stock valued at $15,404,397. Company insiders own 1.36% of the company’s stock.

Analyst Ratings Changes

VST has been the subject of a number of recent research reports. Evercore ISI boosted their target price on Vistra from $72.00 to $79.00 and gave the stock an “outperform” rating in a research report on Thursday, April 4th. Morgan Stanley reiterated an “overweight” rating and issued a $78.00 price objective on shares of Vistra in a research report on Monday, March 25th. Finally, BMO Capital Markets boosted their price objective on Vistra from $52.00 to $60.00 and gave the company an “outperform” rating in a research report on Monday, March 4th. Four investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $63.50.

Vistra Price Performance

VST opened at $69.73 on Friday. The company has a debt-to-equity ratio of 4.26, a quick ratio of 1.11 and a current ratio of 1.18. Vistra Corp. has a 52-week low of $22.67 and a 52-week high of $75.89. The stock has a market capitalization of $24.26 billion, a PE ratio of 19.48 and a beta of 1.05. The stock’s 50 day moving average price is $58.67 and its 200-day moving average price is $43.93.

Vistra (NYSE:VST) last posted its earnings results on Wednesday, February 28th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($1.02). Vistra had a net margin of 10.10% and a return on equity of 20.05%. The business had revenue of $3.08 billion for the quarter, compared to analysts’ expectations of $5.48 billion. On average, equities research analysts predict that Vistra Corp. will post 4.28 EPS for the current year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Wednesday, March 20th were paid a dividend of $0.215 per share. The ex-dividend date of this dividend was Tuesday, March 19th. This is a boost from Vistra’s previous quarterly dividend of $0.21. This represents a $0.86 annualized dividend and a dividend yield of 1.23%. Vistra’s payout ratio is 24.02%.

Vistra 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.