Diversify Wealth Management LLC Has $4.24 Million Stock Position in Vistra Corp. $VST

Diversify Wealth Management LLC lifted its position in Vistra Corp. (NYSE:VST) by 29.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,544 shares of the company’s stock after acquiring an additional 6,204 shares during the period. Diversify Wealth Management LLC’s holdings in Vistra were worth $4,236,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VST. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Vistra by 125.0% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 166,691 shares of the company’s stock valued at $25,059,000 after acquiring an additional 92,607 shares during the period. Fifth Third Bancorp boosted its stake in Vistra by 95.1% in the 1st quarter. Fifth Third Bancorp now owns 177,199 shares of the company’s stock worth $26,638,000 after purchasing an additional 86,393 shares during the period. Candriam S.C.A. grew its position in Vistra by 2.9% during the 1st quarter. Candriam S.C.A. now owns 4,978 shares of the company’s stock worth $748,000 after purchasing an additional 140 shares in the last quarter. Peterson Wealth Services purchased a new position in Vistra during the 1st quarter worth approximately $3,296,000. Finally, Kestra Advisory Services LLC raised its stake in Vistra by 132.7% during the 1st quarter. Kestra Advisory Services LLC now owns 92,117 shares of the company’s stock valued at $13,848,000 after purchasing an additional 52,529 shares during the period. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insider Buying and Selling

In related news, Director Paul M. Barbas sold 244 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $153.00, for a total value of $37,332.00. Following the completion of the sale, the director directly owned 53,006 shares in the company, valued at approximately $8,109,918. The trade was a 0.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 of the company’s stock, valued at approximately $1,561,600. This trade represents a 32.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 41,588 shares of company stock worth $6,739,227. Insiders own 0.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on VST shares. TD Cowen reduced their target price on Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a report on Monday, May 4th. Jefferies Financial Group reiterated a “buy” rating and set a $190.00 price target on shares of Vistra in a report on Thursday, May 21st. Sanford C. Bernstein set a $187.00 price target on Vistra and gave the company an “outperform” rating in a research report on Tuesday, June 16th. Raymond James Financial set a $208.00 price objective on Vistra in a research note on Monday, April 27th. Finally, Seaport Research Partners restated a “buy” rating and set a $230.00 price objective on shares of Vistra in a research report on Monday, June 15th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $230.31.

Vistra Stock Up 0.1%

VST stock opened at $159.05 on Monday. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82. The company has a fifty day simple moving average of $154.02 and a 200 day simple moving average of $158.57. The firm has a market cap of $53.63 billion, a PE ratio of 26.64 and a beta of 1.40.

Vistra (NYSE:VST) last posted its earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, topping the consensus estimate of $1.32 by $1.55. Vistra had a net margin of 11.52% and a return on equity of 105.64%. The firm had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.22 billion. Sell-side analysts anticipate that Vistra Corp. will post 9.52 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.229 per share. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date was Monday, June 22nd. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. Vistra’s dividend payout ratio is currently 15.41%.

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.