49,043 Shares in Vistra Corp. $VST Purchased by Overbrook Management Corp

Overbrook Management Corp purchased a new stake in Vistra Corp. (NYSE:VST) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 49,043 shares of the company’s stock, valued at approximately $7,912,000. Vistra makes up about 1.4% of Overbrook Management Corp’s portfolio, making the stock its 22nd largest holding.

Other large investors have also recently modified their holdings of the company. State Street Corp increased its position in shares of Vistra by 1.4% in the second quarter. State Street Corp now owns 16,660,027 shares of the company’s stock worth $3,228,880,000 after purchasing an additional 226,514 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in Vistra by 15.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 7,106,465 shares of the company’s stock valued at $1,392,299,000 after purchasing an additional 930,912 shares during the last quarter. Norges Bank bought a new stake in Vistra during the second quarter valued at approximately $930,080,000. Invesco Ltd. grew its stake in Vistra by 0.8% in the 3rd quarter. Invesco Ltd. now owns 4,572,642 shares of the company’s stock worth $895,872,000 after buying an additional 35,258 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in Vistra by 11.3% in the 3rd quarter. Franklin Resources Inc. now owns 2,983,868 shares of the company’s stock worth $584,599,000 after buying an additional 303,573 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Vistra Trading Up 3.7%

Shares of VST opened at $151.48 on Tuesday. The firm has a market cap of $51.28 billion, a price-to-earnings ratio of 69.81, a PEG ratio of 0.88 and a beta of 1.42. The company has a debt-to-equity ratio of 6.01, a quick ratio of 0.69 and a current ratio of 0.78. Vistra Corp. has a fifty-two week low of $90.51 and a fifty-two week high of $219.82. The firm has a 50 day moving average price of $163.18 and a 200-day moving average price of $176.97.

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

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th will be paid a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Friday, March 20th. Vistra’s payout ratio is 41.94%.

Insider Activity

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 value of $1,603,100.00. Following the transaction, the executive vice president owned 114,409 shares in the company, valued at approximately $18,340,906.79. The trade was a 8.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Morgan Stanley restated an “overweight” rating and set a $215.00 price objective on shares of Vistra in a research report on Friday, February 20th. Bank of America cut their target price on shares of Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a research report on Monday, January 12th. JPMorgan Chase & Co. increased their target price on Vistra from $239.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. BMO Capital Markets restated an “outperform” rating and set a $241.00 price target on shares of Vistra in a research report on Monday, March 2nd. Finally, KeyCorp initiated coverage on Vistra in a research note on Monday, November 24th. They set an “overweight” rating and a $217.00 price target for the company. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $236.87.

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.