Dockside LLC Makes New $1.37 Million Investment in Vistra Corp. $VST

Dockside LLC acquired a new position 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 fund acquired 8,492 shares of the company’s stock, valued at approximately $1,370,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Vistra in the 3rd quarter worth about $28,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Vistra in the 4th quarter worth about $25,000. Triumph Capital Management acquired a new stake in Vistra in the 3rd quarter worth about $38,000. Strive Asset Management LLC acquired a new stake in Vistra in the 3rd quarter worth about $38,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in Vistra in the 4th quarter worth about $35,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Trading Up 1.1%

Shares of NYSE VST opened at $148.01 on Friday. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.79 and a current ratio of 0.90. Vistra Corp. has a 52-week low of $132.66 and a 52-week high of $219.82. The firm has a 50 day moving average price of $153.53 and a two-hundred day moving average price of $160.20. The stock has a market cap of $49.91 billion, a P/E ratio of 24.79 and a beta of 1.40.

Vistra (NYSE:VST) last announced its quarterly earnings results 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. Vistra had a net margin of 11.52% and a return on equity of 105.64%. The firm had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.22 billion. As a group, equities analysts forecast that Vistra Corp. will post 9.3 EPS for the current 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 given a $0.229 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Monday, June 22nd. This represents a $0.92 annualized dividend and a yield of 0.6%. Vistra’s dividend payout ratio is currently 15.24%.

Insider Transactions at Vistra

In other Vistra news, CAO Margaret Montemayor sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $164.96, for a total value of $824,800.00. Following the completion of the transaction, the chief accounting officer directly owned 14,360 shares in the company, valued at approximately $2,368,825.60. This represents a 25.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.92% of the company’s stock.

Analyst Ratings Changes

VST has been the subject of several analyst reports. Raymond James Financial set a $208.00 target price on shares of Vistra in a research report on Monday, April 27th. Weiss Ratings upgraded shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Morgan Stanley restated an “overweight” rating and set a $212.00 price objective on shares of Vistra in a research report on Thursday, May 21st. Wells Fargo & Company cut their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Finally, TD Cowen lowered their price objective on shares of Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Vistra presently has an average rating of “Buy” and a consensus price target of $233.33.

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.