Partners Capital Investment Group LLP Purchases New Holdings in Vistra Corp. $VST

Partners Capital Investment Group LLP acquired a new position in shares of Vistra Corp. (NYSE:VST) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,998 shares of the company’s stock, valued at approximately $352,000.

Several other large investors also recently added to or reduced their stakes in the company. HM Payson & Co. boosted its position in shares of Vistra by 275.4% in the first quarter. HM Payson & Co. now owns 229 shares of the company’s stock worth $27,000 after buying an additional 168 shares during the period. Ameriflex Group Inc. purchased a new stake in Vistra in the 4th quarter worth about $32,000. Keener Financial Planning LLC acquired a new stake in Vistra during the 1st quarter worth about $34,000. Zions Bancorporation National Association UT acquired a new stake in Vistra during the 1st quarter worth about $39,000. Finally, Opal Wealth Advisors LLC purchased a new position in Vistra during the 1st quarter valued at about $46,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Stock Performance

Shares of VST opened at $190.1080 on Friday. The firm has a market cap of $64.41 billion, a price-to-earnings ratio of 30.32, a price-to-earnings-growth ratio of 2.22 and a beta of 1.30. The company’s fifty day moving average is $193.90 and its 200-day moving average is $158.19. The company has a quick ratio of 0.80, a current ratio of 0.90 and a debt-to-equity ratio of 6.58. Vistra Corp. has a 12 month low of $72.90 and a 12 month high of $216.85.

Vistra (NYSE:VST) last released its quarterly earnings data on Thursday, August 7th. The company reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.63 by ($0.62). The business had revenue of $4.25 billion during the quarter, compared to analyst estimates of $5.15 billion. Vistra had a net margin of 12.90% and a return on equity of 108.41%. Equities analysts expect that Vistra Corp. will post 7 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 19th will be paid a dividend of $0.226 per share. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Friday, September 19th. This represents a $0.90 annualized dividend and a dividend yield of 0.5%. Vistra’s dividend payout ratio is currently 14.35%.

Insider Activity

In related news, EVP Stephanie Zapata Moore sold 35,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $161.44, for a total value of $5,650,400.00. Following the transaction, the executive vice president directly owned 88,073 shares of the company’s stock, valued at approximately $14,218,505.12. This trade represents a 28.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John R. Sult sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $171.67, for a total value of $4,291,750.00. Following the completion of the sale, the director owned 75,946 shares of the company’s stock, valued at approximately $13,037,649.82. This trade represents a 24.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 110,000 shares of company stock valued at $18,579,650. Insiders own 1.42% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on VST shares. Raymond James Financial initiated coverage on Vistra in a report on Friday, June 13th. They issued a “strong-buy” rating and a $216.00 target price on the stock. UBS Group boosted their price objective on shares of Vistra from $207.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Melius started coverage on shares of Vistra in a research note on Wednesday. They issued a “buy” rating and a $295.00 price objective on the stock. BMO Capital Markets increased their target price on shares of Vistra from $191.00 to $229.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 12th. Finally, Morgan Stanley boosted their price target on shares of Vistra from $178.00 to $186.00 and gave the company an “overweight” rating in a report on Wednesday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Vistra has a consensus rating of “Moderate Buy” and a consensus target price of $199.93.

About Vistra

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.