Landscape Capital Management L.L.C. Purchases Shares of 9,201 Vistra Corp. $VST

Landscape Capital Management L.L.C. acquired a new stake in shares of Vistra Corp. (NYSE:VST) during the 2nd quarter, Holdings Channel reports. The firm acquired 9,201 shares of the company’s stock, valued at approximately $1,460,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Empowered Funds LLC increased its position in Vistra by 24.1% in the 1st quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock valued at $2,371,000 after buying an additional 3,920 shares in the last quarter. Woodline Partners LP raised its stake in Vistra by 40.7% during the 1st quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock worth $3,376,000 after buying an additional 8,312 shares during the period. Focus Partners Wealth boosted its holdings in Vistra by 37.3% in the first quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock worth $920,000 after acquiring an additional 2,125 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Vistra in the second quarter worth approximately $269,000. Finally, Slocum Gordon & Co LLP grew its stake in Vistra by 20.0% in the second quarter. Slocum Gordon & Co LLP now owns 1,200 shares of the company’s stock valued at $233,000 after acquiring an additional 200 shares during the period. Institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling

In other Vistra news, Director John R. Sult sold 6,500 shares of Vistra stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $170.00, for a total transaction of $1,105,000.00. Following the transaction, the director directly owned 70,714 shares of the company’s stock, valued at $12,021,380. The trade was a 8.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paul M. Barbas sold 244 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $153.00, for a total transaction of $37,332.00. Following the completion of the sale, the director owned 53,006 shares of the company’s stock, valued at approximately $8,109,918. The trade was a 0.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 41,588 shares of company stock valued at $6,739,227. 0.92% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

VST has been the subject of several recent research reports. Morgan Stanley boosted their price objective on Vistra from $212.00 to $227.00 and gave the company an “overweight” rating in a report on Friday. BNP Paribas Exane set a $255.00 target price on Vistra in a report on Wednesday. Raymond James Financial set a $208.00 price target on shares of Vistra in a research report on Monday, April 27th. UBS Group decreased their price target on shares of Vistra from $233.00 to $227.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $212.00 price objective on shares of Vistra in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $226.94.

Vistra Price Performance

VST stock opened at $136.43 on Friday. The company has a debt-to-equity ratio of 5.87, a quick ratio of 0.87 and a current ratio of 0.97. The business has a 50-day simple moving average of $153.73 and a two-hundred day simple moving average of $155.83. The company has a market capitalization of $45.79 billion, a P/E ratio of 23.05 and a beta of 1.41. Vistra Corp. has a 52-week low of $132.66 and a 52-week high of $219.82.

Vistra (NYSE:VST) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.76 EPS for the quarter, missing the consensus estimate of $1.61 by ($0.85). Vistra had a return on equity of 108.68% and a net margin of 11.55%.The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $5.46 billion. Research analysts expect that Vistra Corp. will post 9.23 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, September 21st. This is an increase from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is currently 15.54%.

Vistra Profile

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.