Dynamic Advisor Solutions LLC lifted its holdings in shares of Vistra Corp. (NYSE:VST – Free Report) by 440.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 19,476 shares of the company’s stock after acquiring an additional 15,872 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Vistra were worth $3,142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently bought and sold shares of the business. Teamwork Financial Advisors LLC lifted its stake in Vistra by 39.9% during the 4th quarter. Teamwork Financial Advisors LLC now owns 78,855 shares of the company’s stock valued at $12,722,000 after acquiring an additional 22,492 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of Vistra by 1.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 163,258 shares of the company’s stock worth $27,686,000 after acquiring an additional 1,825 shares during the period. NorthCrest Asset Manangement LLC purchased a new position in shares of Vistra during the fourth quarter valued at approximately $206,000. Gryphon Financial Partners LLC raised its holdings in shares of Vistra by 25.0% during the fourth quarter. Gryphon Financial Partners LLC now owns 3,127 shares of the company’s stock valued at $504,000 after purchasing an additional 626 shares during the last quarter. Finally, Procyon Advisors LLC lifted its position in Vistra by 395.2% during the fourth quarter. Procyon Advisors LLC now owns 5,635 shares of the company’s stock valued at $909,000 after purchasing an additional 4,497 shares during the period. 90.88% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Vistra
In other news, EVP Stephanie Zapata Moore sold 10,000 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $160.31, for a total value of $1,603,100.00. Following the completion of the transaction, the executive vice president owned 114,409 shares of the company’s stock, valued at $18,340,906.79. This represents a 8.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.42% of the stock is currently owned by company insiders.
Vistra Stock Up 3.7%
Vistra (NYSE:VST – Get Free Report) last issued its 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 return on equity of 81.09% and a net margin of 5.32%.The firm had revenue of $4.58 billion during the quarter, compared to the consensus estimate of $5.75 billion. Sell-side analysts expect that Vistra Corp. will post 7 EPS for the current fiscal year.
Vistra Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th will be given a $0.228 dividend. The ex-dividend date is Friday, March 20th. This is a positive change 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 dividend payout ratio (DPR) is presently 41.94%.
Analyst Ratings Changes
A number of equities research analysts have commented on VST shares. Bank of America cut their target price on shares of Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a research report on Monday, January 12th. The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective for the company in a report on Friday, February 6th. UBS Group upped their price objective on Vistra from $230.00 to $233.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Jefferies Financial Group raised Vistra from a “hold” rating to a “buy” rating and increased their target price for the company from $191.00 to $203.00 in a report on Tuesday, February 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a research report on Monday, December 29th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $236.87.
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.
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