Zurcher Kantonalbank Zurich Cantonalbank Has $2.39 Million Stock Holdings in Vistra Corp. (NYSE:VST)

Zurcher Kantonalbank Zurich Cantonalbank grew its position in Vistra Corp. (NYSE:VST) by 1.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 62,028 shares of the company’s stock after buying an additional 829 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Vistra were worth $2,389,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in VST. Signet Financial Management LLC bought a new position in shares of Vistra during the 4th quarter valued at about $1,573,000. Mackenzie Financial Corp lifted its stake in Vistra by 1.0% in the fourth quarter. Mackenzie Financial Corp now owns 792,840 shares of the company’s stock valued at $30,540,000 after buying an additional 8,159 shares in the last quarter. Beverly Hills Private Wealth LLC bought a new position in Vistra in the fourth quarter valued at approximately $350,000. Louisiana State Employees Retirement System acquired a new position in shares of Vistra in the fourth quarter valued at approximately $3,636,000. Finally, NewEdge Wealth LLC increased its position in shares of Vistra by 13.7% during the fourth quarter. NewEdge Wealth LLC now owns 314,535 shares of the company’s stock worth $12,116,000 after acquiring an additional 37,864 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Vistra Stock Up 2.6 %

Shares of VST stock opened at $68.45 on Wednesday. The firm’s fifty day moving average price is $61.54 and its two-hundred day moving average price is $45.55. The company has a current ratio of 1.18, a quick ratio of 1.11 and a debt-to-equity ratio of 4.26. Vistra Corp. has a 1 year low of $22.67 and a 1 year high of $75.89. The firm has a market capitalization of $23.81 billion, a P/E ratio of 19.12 and a beta of 1.05.

Vistra (NYSE:VST) last announced its quarterly earnings data on Wednesday, February 28th. The company reported ($0.48) earnings per share 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 company had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $5.48 billion. On average, equities analysts predict that Vistra Corp. will post 3.61 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Wednesday, March 20th were given a dividend of $0.215 per share. This is a positive change from Vistra’s previous quarterly dividend of $0.21. The ex-dividend date was Tuesday, March 19th. This represents a $0.86 annualized dividend and a dividend yield of 1.26%. Vistra’s payout ratio is 24.02%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on VST. Evercore ISI boosted their price objective on shares of Vistra from $72.00 to $79.00 and gave the company an “outperform” rating in a research report on Thursday, April 4th. BMO Capital Markets lifted their price target on Vistra from $52.00 to $60.00 and gave the company an “outperform” rating in a research note on Monday, March 4th. Morgan Stanley reaffirmed an “overweight” rating and set a $78.00 price objective on shares of Vistra in a research report on Monday, March 25th. Finally, Janney Montgomery Scott started coverage on Vistra in a research report on Thursday, April 18th. They issued a “buy” rating and a $82.00 target price on the stock. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $67.20.

Insider Transactions at Vistra

In related news, EVP Carrie Lee Kirby sold 72,748 shares of the firm’s stock in a transaction on 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 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 document filed with the Securities & Exchange Commission, which is available through this link. In other Vistra news, EVP Stephanie Zapata Moore sold 98,020 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total transaction of $5,734,170.00. Following the transaction, the executive vice president now owns 161,888 shares of the company’s stock, valued at $9,470,448. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Carrie Lee Kirby sold 72,748 shares of the firm’s stock in a transaction that occurred on 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 have sold a total of 257,285 shares of company stock worth $15,404,397 in the last 90 days. Corporate insiders own 1.42% of the company’s stock.

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.