Diversify Advisory Services LLC Purchases 9,273 Shares of Vistra Corp. $VST

Diversify Advisory Services LLC grew its holdings in shares of Vistra Corp. (NYSE:VST) by 98.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,670 shares of the company’s stock after buying an additional 9,273 shares during the period. Diversify Advisory Services LLC’s holdings in Vistra were worth $3,110,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Empowered Funds LLC grew its stake in shares of Vistra by 24.1% in the 1st quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock valued at $2,371,000 after buying an additional 3,920 shares during the period. Woodline Partners LP grew its stake in shares of 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 buying an additional 8,312 shares during the period. Focus Partners Wealth grew its stake in shares of Vistra by 37.3% in the 1st quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock valued at $920,000 after buying an additional 2,125 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Vistra in the 2nd quarter valued at about $269,000. Finally, Slocum Gordon & Co LLP grew its stake in shares of Vistra by 20.0% in the 2nd quarter. Slocum Gordon & Co LLP now owns 1,200 shares of the company’s stock valued at $233,000 after buying an additional 200 shares during the period. 90.88% of the stock is currently owned by institutional investors.

Vistra Price Performance

Shares of NYSE VST opened at $154.68 on Friday. Vistra Corp. has a fifty-two week low of $103.34 and a fifty-two week high of $219.82. The stock has a market cap of $52.37 billion, a price-to-earnings ratio of 71.28, a PEG ratio of 0.94 and a beta of 1.49. The company has a debt-to-equity ratio of 6.01, a quick ratio of 0.69 and a current ratio of 0.78. The firm’s 50-day simple moving average is $159.86 and its 200 day simple moving average is $172.02.

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

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 20th were paid a dividend of $0.228 per share. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date was Friday, March 20th. This represents a $0.91 annualized dividend and a yield of 0.6%. Vistra’s dividend payout ratio (DPR) is 41.94%.

Insiders Place Their Bets

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the firm’s stock in a transaction 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 transaction, the executive vice president directly owned 114,409 shares in the company, valued at approximately $18,340,906.79. This trade represents a 8.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.92% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Scotiabank raised their target price on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. The Goldman Sachs Group upgraded Vistra from a “neutral” rating to a “buy” rating and set a $205.00 target price on the stock in a report on Friday, February 6th. Wells Fargo & Company cut their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Morgan Stanley reiterated an “overweight” rating and issued a $215.00 target price on shares of Vistra in a report on Friday, February 20th. Finally, Bank of America cut their target price on Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a report on Monday, January 12th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $236.87.

Vistra Profile

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.