Tamar Securities LLC Boosts Stock Position in Vistra Corp. $VST

Tamar Securities LLC grew its position in Vistra Corp. (NYSE:VST) by 31.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 76,609 shares of the company’s stock after purchasing an additional 18,201 shares during the quarter. Vistra makes up 1.3% of Tamar Securities LLC’s portfolio, making the stock its 29th biggest position. Tamar Securities LLC’s holdings in Vistra were worth $12,359,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in shares of Vistra in the 3rd quarter worth $28,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Vistra in the 4th quarter worth $25,000. Triumph Capital Management purchased a new stake in shares of Vistra in the 3rd quarter worth $38,000. Strive Asset Management LLC purchased a new stake in shares of Vistra in the 3rd quarter worth $38,000. Finally, IFC & Insurance Marketing Inc. purchased a new stake in shares of Vistra in the 4th quarter worth $35,000. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on VST. Morgan Stanley reiterated an “overweight” rating and issued a $212.00 target price on shares of Vistra in a report on Thursday, May 21st. Wells Fargo & Company lowered their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a report on Friday, February 27th. Raymond James Financial set a $208.00 target price on Vistra in a report on Monday, April 27th. JPMorgan Chase & Co. lowered their target price on Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $241.00 target price on shares of Vistra in a report on Monday, March 2nd. 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. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $233.33.

Vistra Trading Down 0.0%

VST opened at $148.01 on Monday. The firm has a market cap of $49.91 billion, a price-to-earnings ratio of 24.79 and a beta of 1.40. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. Vistra Corp. has a 12 month low of $132.66 and a 12 month high of $219.82. The stock has a fifty day moving average price of $153.53 and a 200-day moving average price of $160.10.

Vistra (NYSE:VST) last released its quarterly earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, topping the consensus estimate of $1.32 by $1.55. The firm had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. As a group, equities research analysts anticipate that Vistra Corp. will post 9.3 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be given a $0.229 dividend. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, June 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is presently 15.24%.

Insider Activity at Vistra

In other news, CAO Margaret Montemayor sold 5,000 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was 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 of the company’s stock, valued at approximately $2,368,825.60. The trade was a 25.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.92% of the company’s stock.

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.