7,126 Shares in Vistra Corp. $VST Acquired by Venture Visionary Partners LLC

Venture Visionary Partners LLC bought a new position in shares of Vistra Corp. (NYSE:VST) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,126 shares of the company’s stock, valued at approximately $1,396,000.

Several other institutional investors also recently modified their holdings of VST. State Street Corp lifted its stake in Vistra by 1.4% during the second quarter. State Street Corp now owns 16,660,027 shares of the company’s stock valued at $3,228,880,000 after buying an additional 226,514 shares in the last quarter. Lone Pine Capital LLC increased its position in shares of Vistra by 40.5% in the second quarter. Lone Pine Capital LLC now owns 6,469,719 shares of the company’s stock worth $1,253,896,000 after acquiring an additional 1,864,931 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Vistra by 4.4% during the second quarter. Massachusetts Financial Services Co. MA now owns 6,175,553 shares of the company’s stock valued at $1,196,884,000 after acquiring an additional 258,983 shares during the period. Norges Bank purchased a new stake in shares of Vistra in the 2nd quarter valued at approximately $930,080,000. Finally, Invesco Ltd. lifted its position in shares of Vistra by 25.2% in the 2nd quarter. Invesco Ltd. now owns 4,537,384 shares of the company’s stock valued at $879,390,000 after acquiring an additional 913,350 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling at Vistra

In related news, CEO James A. Burke sold 22,251 shares of Vistra stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $162.05, for a total value of $3,605,774.55. Following the completion of the sale, the chief executive officer owned 297,998 shares of the company’s stock, valued at approximately $48,290,575.90. The trade was a 6.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Stephanie Zapata Moore sold 8,219 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $173.35, for a total transaction of $1,424,763.65. Following the completion of the sale, the executive vice president owned 79,854 shares of the company’s stock, valued at $13,842,690.90. This represents a 9.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 742,469 shares of company stock valued at $145,999,322. 1.42% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts have weighed in on VST shares. Wells Fargo & Company began coverage on shares of Vistra in a research report on Monday, October 27th. They set an “overweight” rating and a $238.00 price objective on the stock. Scotiabank assumed coverage on Vistra in a research report on Monday, September 22nd. They set a “sector outperform” rating and a $256.00 price target on the stock. KeyCorp began coverage on Vistra in a research note on Monday, November 24th. They issued an “overweight” rating and a $217.00 price objective for the company. Melius assumed coverage on Vistra in a research note on Wednesday, August 20th. They set a “buy” rating and a $295.00 target price on the stock. Finally, BMO Capital Markets increased their price target on shares of Vistra from $236.00 to $245.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Four investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $232.40.

Vistra Stock Performance

Shares of NYSE VST opened at $173.44 on Wednesday. The company has a debt-to-equity ratio of 5.74, a current ratio of 0.99 and a quick ratio of 0.88. Vistra Corp. has a one year low of $90.51 and a one year high of $219.82. The business’s 50-day moving average price is $184.11 and its two-hundred day moving average price is $190.31. The company has a market capitalization of $58.76 billion, a P/E ratio of 62.61, a price-to-earnings-growth ratio of 2.90 and a beta of 1.39.

Vistra (NYSE:VST) last announced its quarterly earnings results on Friday, November 7th. The company reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.03). The firm had revenue of $4.97 billion for the quarter, compared to analyst estimates of $6.60 billion. Vistra had a net margin of 6.70% and a return on equity of 64.04%. Analysts anticipate that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be paid a $0.227 dividend. This represents a $0.91 dividend on an annualized basis and a yield of 0.5%. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Monday, December 22nd. Vistra’s dividend payout ratio is presently 32.49%.

Vistra Company Profile

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.