Vistra Corp. $VST Shares Acquired by Centaurus Financial Inc.

Centaurus Financial Inc. boosted its holdings in Vistra Corp. (NYSE:VST) by 159.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,689 shares of the company’s stock after purchasing an additional 7,177 shares during the quarter. Centaurus Financial Inc.’s holdings in Vistra were worth $2,265,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Kirr Marbach & Co. LLC IN increased its holdings in shares of Vistra by 0.9% during the second quarter. Kirr Marbach & Co. LLC IN now owns 168,713 shares of the company’s stock valued at $32,698,000 after purchasing an additional 1,535 shares during the period. ELCO Management Co. LLC acquired a new stake in Vistra in the second quarter worth about $499,000. FUKOKU MUTUAL LIFE INSURANCE Co bought a new position in Vistra in the 2nd quarter valued at about $292,000. Peak Financial Advisors LLC acquired a new position in Vistra during the 2nd quarter valued at about $547,000. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Vistra by 1.7% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,099,120 shares of the company’s stock worth $406,830,000 after buying an additional 35,444 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Vistra Price Performance

Shares of NYSE:VST opened at $170.20 on Monday. Vistra Corp. has a one year low of $90.51 and a one year high of $219.82. The stock has a fifty day moving average of $185.27 and a 200-day moving average of $190.16. The company has a market capitalization of $57.67 billion, a PE ratio of 61.44, a price-to-earnings-growth ratio of 2.94 and a beta of 1.39. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.88 and a current ratio of 0.99.

Vistra (NYSE:VST) last issued its earnings results on Friday, November 7th. The company reported $1.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). Vistra had a return on equity of 64.04% and a net margin of 6.70%.The company had revenue of $4.97 billion during the quarter, compared to analyst estimates of $6.60 billion. As a group, equities analysts anticipate that Vistra Corp. will post 7 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be issued a dividend of $0.227 per share. This represents a $0.91 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, December 22nd. This is a boost from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is presently 32.49%.

Insider Activity

In other Vistra news, EVP Carrie Lee Kirby sold 58,275 shares of the firm’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $174.75, for a total value of $10,183,556.25. Following the completion of the transaction, the executive vice president directly owned 218,239 shares in the company, valued at $38,137,265.25. This trade represents a 21.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Stephanie Zapata Moore sold 8,219 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $173.35, for a total transaction of $1,424,763.65. Following the sale, the executive vice president owned 79,854 shares in the company, valued at $13,842,690.90. This represents a 9.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 762,937 shares of company stock valued at $151,499,955 over the last ninety days. Corporate insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Daiwa America upgraded shares of Vistra from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 17th. Wall Street Zen downgraded Vistra from a “hold” rating to a “sell” rating in a research report on Friday, September 5th. Evercore ISI increased their price target on Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Jefferies Financial Group reissued a “hold” rating and issued a $230.00 price objective (down previously from $241.00) on shares of Vistra in a research note on Monday, September 22nd. Finally, Daiwa Capital Markets upgraded Vistra from a “neutral” rating to a “buy” rating and set a $250.00 price objective for the company in a report on Wednesday, September 17th. Four research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Vistra presently has an average rating of “Buy” and an average price target of $233.20.

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.