65,000 Shares in Vistra Corp. $VST Purchased by Hiddenite Capital Partners LP

Hiddenite Capital Partners LP purchased a new position in Vistra Corp. (NYSE:VST) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 65,000 shares of the company’s stock, valued at approximately $12,735,000. Vistra makes up about 2.3% of Hiddenite Capital Partners LP’s investment portfolio, making the stock its 11th largest holding.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Empowered Funds LLC lifted its holdings in shares of Vistra by 24.1% in the first quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock worth $2,371,000 after buying an additional 3,920 shares in the last quarter. Woodline Partners LP increased its holdings in Vistra by 40.7% in the 1st quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock valued at $3,376,000 after acquiring an additional 8,312 shares during the last quarter. Focus Partners Wealth lifted its stake in Vistra by 37.3% in the 1st quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock worth $920,000 after purchasing an additional 2,125 shares in the last quarter. Sivia Capital Partners LLC bought a new position in shares of Vistra during the 2nd quarter valued at about $269,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Vistra by 1.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 101,273 shares of the company’s stock valued at $19,465,000 after purchasing an additional 1,677 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on VST. Evercore ISI boosted their target price on Vistra from $237.00 to $243.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Morgan Stanley reaffirmed an “overweight” rating and set a $228.00 price objective on shares of Vistra in a report on Tuesday, December 16th. BMO Capital Markets raised their target price on shares of Vistra from $230.00 to $244.00 and gave the company an “outperform” rating in a report on Monday, January 12th. UBS Group boosted their price target on shares of Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Finally, Wells Fargo & Company initiated coverage on shares of Vistra in a research report on Monday, October 27th. They set an “overweight” rating and a $238.00 price objective for the company. Four investment 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 stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $239.40.

Vistra Stock Down 7.4%

Shares of VST opened at $166.93 on Monday. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 5.74. The business has a fifty day moving average of $169.20 and a 200 day moving average of $187.87. The company has a market cap of $56.56 billion, a PE ratio of 60.26, a P/E/G ratio of 1.03 and a beta of 1.41. Vistra Corp. has a 52-week low of $90.51 and a 52-week high of $219.82.

Vistra (NYSE:VST) last announced its earnings results on Friday, November 7th. The company reported $1.75 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.03). Vistra had a net margin of 6.70% and a return on equity of 64.04%. The firm had revenue of $4.97 billion during the quarter, compared to analysts’ expectations of $6.60 billion. On average, sell-side analysts expect that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were paid a dividend of $0.227 per share. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd. Vistra’s payout ratio is currently 32.85%.

Insiders Place Their Bets

In other news, EVP Scott A. Hudson sold 56,000 shares of Vistra stock in a transaction on Friday, November 14th. The stock was sold at an average price of $168.86, for a total transaction of $9,456,160.00. Following the completion of the sale, the executive vice president directly owned 306,600 shares in the company, valued at approximately $51,772,476. This trade represents a 15.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Stephanie Zapata Moore sold 8,219 shares of the business’s stock in a transaction 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 directly owned 79,854 shares of the company’s stock, valued at $13,842,690.90. This represents a 9.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 257,624 shares of company stock valued at $46,385,682. Corporate insiders own 1.42% of the company’s stock.

About Vistra

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.