4,656 Shares in Vistra Corp. $VST Purchased by Friedenthal Financial

Friedenthal Financial acquired a new position in shares of Vistra Corp. (NYSE:VST) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,656 shares of the company’s stock, valued at approximately $912,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in VST. Banque Transatlantique SA lifted its holdings in shares of Vistra by 132.0% during the 1st quarter. Banque Transatlantique SA now owns 232 shares of the company’s stock worth $25,000 after acquiring an additional 132 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in Vistra during the second quarter valued at approximately $28,000. Anfield Capital Management LLC bought a new stake in Vistra during the second quarter worth $29,000. City State Bank boosted its holdings in shares of Vistra by 210.0% in the 2nd quarter. City State Bank now owns 155 shares of the company’s stock valued at $30,000 after purchasing an additional 105 shares in the last quarter. Finally, WPG Advisers LLC acquired a new stake in shares of Vistra in the 1st quarter valued at $37,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra Stock Performance

Shares of VST stock opened at $161.65 on Wednesday. The firm has a market capitalization of $54.77 billion, a price-to-earnings ratio of 58.36, a PEG ratio of 2.93 and a beta of 1.39. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74. The business’s 50-day moving average price is $179.80 and its 200-day moving average price is $189.97. Vistra Corp. has a 12 month low of $90.51 and a 12 month high of $219.82.

Vistra (NYSE:VST) last issued its quarterly earnings data 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 net margin of 6.70% and a return on equity of 64.04%. The business had revenue of $4.97 billion during the quarter, compared to the consensus estimate of $6.60 billion. Equities research analysts forecast that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be paid a dividend of $0.227 per share. The ex-dividend date of this dividend is Monday, December 22nd. This is an increase from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 annualized dividend and a dividend yield of 0.6%. Vistra’s payout ratio is 32.85%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. KeyCorp initiated coverage on Vistra in a report on Monday, November 24th. They set an “overweight” rating and a $217.00 price target for the company. Wells Fargo & Company began coverage on Vistra in a research note on Monday, October 27th. They set an “overweight” rating and a $238.00 target price for the company. Daiwa America raised shares of Vistra from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 17th. Scotiabank initiated coverage on shares of Vistra in a research note on Monday, September 22nd. They issued a “sector outperform” rating and a $256.00 price target on the stock. Finally, Cowen assumed coverage on shares of Vistra in a research report on Wednesday, October 15th. They set a “buy” rating for the company. Four analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $232.40.

Insider Transactions at Vistra

In related news, CEO James A. Burke sold 41,426 shares of the business’s stock in a transaction on Monday, October 13th. The shares were sold at an average price of $201.32, for a total value of $8,339,882.32. Following the sale, the chief executive officer owned 246,522 shares of the company’s stock, valued at $49,629,809.04. The trade was a 14.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Scott A. Hudson sold 56,000 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $168.86, for a total value of $9,456,160.00. Following the completion of the sale, the executive vice president owned 306,600 shares of the company’s stock, valued at $51,772,476. The trade was a 15.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 635,650 shares of company stock worth $123,577,205. Company 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.