Vistra Corp. (NYSE:VST) Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC grew its position in Vistra Corp. (NYSE:VST) by 32,652.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 61,247 shares of the company’s stock after acquiring an additional 61,060 shares during the period. International Assets Investment Management LLC’s holdings in Vistra were worth $2,359,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Comerica Bank grew its stake in shares of Vistra by 90.4% in the third quarter. Comerica Bank now owns 327,520 shares of the company’s stock valued at $10,867,000 after buying an additional 155,533 shares in the last quarter. Ellsworth Advisors LLC acquired a new stake in shares of Vistra in the fourth quarter valued at $773,000. Burns Matteson Capital Management LLC acquired a new stake in shares of Vistra in the fourth quarter valued at $831,000. Chicago Capital LLC acquired a new stake in shares of Vistra in the fourth quarter valued at $2,716,000. Finally, Harvest Fund Management Co. Ltd grew its stake in shares of Vistra by 323.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 4,554 shares of the company’s stock valued at $151,000 after buying an additional 3,479 shares in the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Vistra news, EVP Carrie Lee Kirby sold 72,748 shares of Vistra stock in a transaction dated 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 completion of the sale, the executive vice president now directly owns 184,201 shares of the company’s stock, valued at approximately $11,536,508.63. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, EVP Scott A. Hudson sold 86,517 shares of the business’s stock in a transaction dated 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 completion of the sale, the executive vice president now directly owns 254,932 shares of the company’s stock, valued at approximately $15,069,030.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Carrie Lee Kirby sold 72,748 shares of the business’s stock in a transaction dated Thursday, March 14th. The shares were 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 of the company’s stock, valued at $11,536,508.63. The disclosure for this sale can be found here. Insiders sold 257,285 shares of company stock valued at $15,404,397 in the last ninety days. Insiders own 1.42% of the company’s stock.

Vistra Stock Down 0.3 %

Shares of NYSE VST opened at $65.66 on Friday. The company has a market capitalization of $22.84 billion, a price-to-earnings ratio of 18.34 and a beta of 1.05. The company has a debt-to-equity ratio of 4.26, a current ratio of 1.18 and a quick ratio of 1.11. The business has a 50-day moving average of $61.06 and a two-hundred day moving average of $45.12. Vistra Corp. has a 1 year low of $22.67 and a 1 year high of $75.89.

Vistra (NYSE:VST) last announced its quarterly earnings results on Wednesday, February 28th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($1.02). The business had revenue of $3.08 billion for the quarter, compared to analysts’ expectations of $5.48 billion. Vistra had a return on equity of 20.05% and a net margin of 10.10%. On average, analysts forecast that Vistra Corp. will post 4.24 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Wednesday, March 20th were issued a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a yield of 1.31%. This is an increase from Vistra’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Tuesday, March 19th. Vistra’s payout ratio is 24.02%.

Wall Street Analyst Weigh In

VST has been the subject of a number of recent research reports. Morgan Stanley reiterated an “overweight” rating and issued a $78.00 target price on shares of Vistra in a report on Monday, March 25th. Evercore ISI lifted their target price on Vistra from $72.00 to $79.00 and gave the company an “outperform” rating in a report on Thursday, April 4th. BMO Capital Markets lifted their target price on Vistra from $52.00 to $60.00 and gave the company an “outperform” rating in a report on Monday, March 4th. Finally, Janney Montgomery Scott initiated coverage on Vistra in a report on Thursday. They issued a “buy” rating and a $82.00 target price for the company. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, Vistra currently has a consensus rating of “Buy” and a consensus price target of $67.20.

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.