Teamwork Financial Advisors LLC Acquires 22,492 Shares of Vistra Corp. $VST

Teamwork Financial Advisors LLC lifted its stake in Vistra Corp. (NYSE:VST) by 39.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,855 shares of the company’s stock after purchasing an additional 22,492 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in Vistra were worth $12,722,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC boosted its holdings in Vistra by 1.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 163,258 shares of the company’s stock worth $27,686,000 after acquiring an additional 1,825 shares in the last quarter. NorthCrest Asset Manangement LLC purchased a new position in shares of Vistra in the 4th quarter worth about $206,000. Gryphon Financial Partners LLC boosted its stake in Vistra by 25.0% in the 4th quarter. Gryphon Financial Partners LLC now owns 3,127 shares of the company’s stock worth $504,000 after purchasing an additional 626 shares in the last quarter. Procyon Advisors LLC grew its position in Vistra by 395.2% during the 4th quarter. Procyon Advisors LLC now owns 5,635 shares of the company’s stock valued at $909,000 after purchasing an additional 4,497 shares during the last quarter. Finally, Harbor Investment Advisory LLC increased its stake in Vistra by 495.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 3,175 shares of the company’s stock valued at $512,000 after purchasing an additional 2,642 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on VST shares. Scotiabank upped their target price on shares of Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vistra in a research report on Monday, December 29th. The Goldman Sachs Group upgraded Vistra from a “neutral” rating to a “buy” rating and set a $205.00 target price on the stock in a research note on Friday, February 6th. Jefferies Financial Group upgraded Vistra from a “hold” rating to a “buy” rating and boosted their price target for the stock from $191.00 to $203.00 in a research note on Tuesday, February 10th. Finally, Bank of America lowered their price target on Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a report on Monday, January 12th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $236.87.

Vistra Trading Down 12.6%

NYSE:VST opened at $146.23 on Monday. The company has a current ratio of 0.78, a quick ratio of 0.69 and a debt-to-equity ratio of 6.01. The company has a market cap of $49.51 billion, a PE ratio of 67.39, a price-to-earnings-growth ratio of 0.88 and a beta of 1.42. The company has a 50 day simple moving average of $163.60 and a two-hundred day simple moving average of $177.24. Vistra Corp. has a 12 month low of $90.51 and a 12 month high of $219.82.

Vistra (NYSE:VST) last announced its earnings results on Thursday, February 26th. The company reported $2.18 EPS for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.27). The business had revenue of $4.58 billion for the quarter, compared to analysts’ expectations of $5.75 billion. Vistra had a net margin of 5.32% and a return on equity of 81.09%. Research analysts forecast that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 20th will be given a $0.228 dividend. The ex-dividend date is Friday, March 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 dividend on an annualized basis and a yield of 0.6%. Vistra’s dividend payout ratio (DPR) is currently 41.94%.

Insider Activity at Vistra

In other news, EVP Stephanie Zapata Moore sold 10,000 shares of Vistra stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the transaction, the executive vice president directly owned 114,409 shares of the company’s stock, valued at $18,340,906.79. The trade was a 8.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.42% of the stock is owned by company insiders.

Vistra Company 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.