Brookstone Capital Management Has $1.25 Million Stock Holdings in Vistra Corp. $VST

Brookstone Capital Management raised its stake in Vistra Corp. (NYSE:VST) by 105.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,743 shares of the company’s stock after purchasing an additional 3,970 shares during the period. Brookstone Capital Management’s holdings in Vistra were worth $1,249,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. State Street Corp raised its stake in Vistra by 1.4% during the 2nd quarter. State Street Corp now owns 16,660,027 shares of the company’s stock worth $3,228,880,000 after buying an additional 226,514 shares during the period. Massachusetts Financial Services Co. MA grew its stake in Vistra by 15.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 7,106,465 shares of the company’s stock valued at $1,392,299,000 after acquiring an additional 930,912 shares during the period. Invesco Ltd. increased its holdings in shares of Vistra by 0.8% during the third quarter. Invesco Ltd. now owns 4,572,642 shares of the company’s stock valued at $895,872,000 after acquiring an additional 35,258 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Vistra by 11.3% during the third quarter. Franklin Resources Inc. now owns 2,983,868 shares of the company’s stock worth $584,599,000 after purchasing an additional 303,573 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of Vistra by 0.7% during the third quarter. Bank of New York Mellon Corp now owns 2,344,142 shares of the company’s stock worth $459,264,000 after purchasing an additional 16,321 shares during the period. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Price Performance

VST opened at $151.23 on Friday. Vistra Corp. has a 1 year low of $90.51 and a 1 year high of $219.82. The company has a debt-to-equity ratio of 6.01, a current ratio of 0.78 and a quick ratio of 0.69. The company has a market capitalization of $51.20 billion, a price-to-earnings ratio of 69.69, a P/E/G ratio of 0.92 and a beta of 1.49. The firm’s fifty day moving average price is $160.66 and its two-hundred day moving average price is $174.24.

Vistra (NYSE:VST) last released its quarterly earnings results on Thursday, February 26th. The company reported $2.18 earnings per share for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.27). The firm had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $5.75 billion. Vistra had a net margin of 5.32% and a return on equity of 81.09%. As a group, analysts anticipate that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th were issued a $0.228 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, March 20th. Vistra’s dividend payout ratio is currently 41.94%.

Analyst Upgrades and Downgrades

VST has been the subject of several research reports. Jefferies Financial Group raised shares of Vistra from a “hold” rating to a “buy” rating and lifted their price target for the company from $191.00 to $203.00 in a research report on Tuesday, February 10th. JPMorgan Chase & Co. raised their price objective on shares of Vistra from $239.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. Scotiabank lifted their price objective on shares of Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a report on Monday, January 12th. The Goldman Sachs Group raised shares of Vistra from a “neutral” rating to a “buy” rating and set a $205.00 target price for the company in a research report on Friday, February 6th. Finally, Bank of America dropped their price target on shares of Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a research report on Monday, January 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Vistra has an average rating of “Buy” and an average target price of $236.87.

Insider Activity

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the completion of the sale, the executive vice president directly owned 114,409 shares of the company’s stock, valued at approximately $18,340,906.79. This trade represents a 8.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.42% of the stock is currently owned by corporate insiders.

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.