Global Retirement Partners LLC Grows Stock Holdings in Vistra Corp. $VST

Global Retirement Partners LLC raised its position in Vistra Corp. (NYSE:VSTFree Report) by 86.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,791 shares of the company’s stock after acquiring an additional 3,609 shares during the quarter. Global Retirement Partners LLC’s holdings in Vistra were worth $1,257,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of VST. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Vistra in the 4th quarter valued at about $25,000. Archer Investment Corp grew its position in Vistra by 2,700.0% in the 3rd quarter. Archer Investment Corp now owns 140 shares of the company’s stock valued at $27,000 after acquiring an additional 135 shares in the last quarter. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in Vistra in the 3rd quarter valued at about $28,000. Salomon & Ludwin LLC grew its position in Vistra by 74.8% in the 4th quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock valued at $35,000 after acquiring an additional 92 shares in the last quarter. Finally, Triumph Capital Management acquired a new position in Vistra in the 3rd quarter valued at about $38,000. 90.88% of the stock is owned by institutional investors and hedge funds.

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 value of $1,603,100.00. Following the sale, the executive vice president directly owned 114,409 shares in the company, valued at $18,340,906.79. This trade represents a 8.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.92% of the stock is currently owned by corporate insiders.

Vistra Stock Up 0.1%

Shares of NYSE VST opened at $156.40 on Monday. The stock has a market cap of $52.73 billion, a P/E ratio of 26.20, a PEG ratio of 0.89 and a beta of 1.43. 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 12-month low of $132.66 and a 12-month high of $219.82. The business’s fifty day simple moving average is $154.49 and its 200-day simple moving average is $162.86.

Vistra (NYSE:VSTGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $1.55. The business had revenue of $5.64 billion for 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%. As a group, equities analysts predict that Vistra Corp. will post 9.3 EPS for the current fiscal year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be paid a $0.229 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, June 22nd. Vistra’s payout ratio is 15.24%.

Analyst Ratings Changes

Several research firms have weighed in on VST. TD Cowen dropped their target price on Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research report on Monday, May 4th. Raymond James Financial set a $208.00 price objective on Vistra in a research note on Monday, April 27th. BMO Capital Markets reiterated an “outperform” rating and issued a $241.00 price objective on shares of Vistra in a research note on Monday, March 2nd. Wells Fargo & Company reduced their price objective on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $190.00 price objective on shares of Vistra in a research note on Thursday. Two 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. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $233.33.

Read Our Latest Stock Analysis on VST

Vistra Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Vistra (NYSE:VST)

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