Atlas Capital Advisors Inc. Takes Position in Vistra Corp. $VST

Atlas Capital Advisors Inc. acquired a new stake in Vistra Corp. (NYSE:VST) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 6,562 shares of the company’s stock, valued at approximately $1,059,000.

Several other hedge funds and other institutional investors have also made changes to their positions in VST. Norges Bank purchased a new position in shares of Vistra in the 4th quarter valued at about $746,729,000. Capital World Investors purchased a new position in shares of Vistra in the 4th quarter valued at about $574,499,000. Rubric Capital Management LP purchased a new position in shares of Vistra in the 4th quarter valued at about $322,660,000. Palidye Holdings Caymans Ltd purchased a new position in shares of Vistra in the 2nd quarter valued at about $145,987,000. Finally, Situational Awareness LP boosted its stake in shares of Vistra by 142.3% in the 2nd quarter. Situational Awareness LP now owns 1,274,178 shares of the company’s stock valued at $246,948,000 after buying an additional 748,332 shares during the period. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insiders Place Their Bets

In other Vistra news, CAO Margaret Montemayor sold 4,600 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $160.00, for a total value of $736,000.00. Following the completion of the sale, the chief accounting officer owned 9,760 shares in the company, valued at approximately $1,561,600. The trade was a 32.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.92% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Wells Fargo & Company decreased their price objective on Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. JPMorgan Chase & Co. decreased their price objective on Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Jefferies Financial Group restated a “buy” rating and set a $190.00 target price on shares of Vistra in a research note on Thursday, May 21st. BMO Capital Markets restated an “outperform” rating and set a $241.00 target price on shares of Vistra in a research note on Monday, March 2nd. Finally, Morgan Stanley restated an “overweight” rating and set a $212.00 target price on shares of Vistra in a research note on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $233.33.

Vistra Price Performance

VST stock opened at $148.01 on Monday. The business has a 50 day moving average price of $153.53 and a 200 day moving average price of $160.10. The stock has a market cap of $49.91 billion, a price-to-earnings ratio of 24.79 and a beta of 1.40. Vistra Corp. has a fifty-two week low of $132.66 and a fifty-two week high of $219.82. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51.

Vistra (NYSE:VST) last posted its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, topping the consensus estimate of $1.32 by $1.55. The firm had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. Equities research analysts anticipate that Vistra Corp. will post 9.3 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 22nd will be paid a dividend of $0.229 per share. The ex-dividend date is Monday, June 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 annualized dividend and a yield of 0.6%. Vistra’s dividend payout ratio (DPR) is presently 15.24%.

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.