Vistra Corp. $VST Shares Purchased by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. raised its stake in shares of Vistra Corp. (NYSE:VST) by 809.9% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 52,447 shares of the company’s stock after buying an additional 46,683 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Vistra were worth $8,320,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VST. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Vistra in the fourth quarter valued at approximately $25,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Vistra during the fourth quarter valued at approximately $28,000. Kemnay Advisory Services Inc. bought a new stake in Vistra during the fourth quarter worth approximately $30,000. Strive Financial Group LLC bought a new stake in Vistra during the fourth quarter worth approximately $33,000. Finally, Salomon & Ludwin LLC lifted its position in Vistra by 74.8% in the fourth quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock worth $35,000 after purchasing an additional 92 shares during the period. 90.88% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

VST has been the subject of a number of research reports. Scotiabank increased their price target on Vistra from $293.00 to $298.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Zacks Research raised Vistra from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Wells Fargo & Company restated an “overweight” rating and issued a $212.00 price objective on shares of Vistra in a report on Monday, August 10th. Seaport Research Partners restated a “buy” rating and issued a $230.00 price objective on shares of Vistra in a report on Monday, June 15th. Finally, The Goldman Sachs Group set a $206.00 target price on Vistra in a research note on Wednesday, August 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Vistra currently has a consensus rating of “Buy” and a consensus target price of $226.00.

Vistra Price Performance

VST stock opened at $142.44 on Thursday. The company has a current ratio of 0.97, a quick ratio of 0.87 and a debt-to-equity ratio of 5.87. Vistra Corp. has a one year low of $132.66 and a one year high of $219.82. The firm has a market capitalization of $47.81 billion, a PE ratio of 24.06 and a beta of 1.41. The firm has a 50-day moving average of $154.10 and a two-hundred day moving average of $156.11.

Vistra (NYSE:VST) last announced its earnings results on Friday, August 7th. The company reported $0.76 EPS for the quarter, missing the consensus estimate of $1.61 by ($0.85). The firm had revenue of $4.02 billion during the quarter, compared to analyst estimates of $5.46 billion. Vistra had a return on equity of 108.68% and a net margin of 11.55%. On average, analysts forecast that Vistra Corp. will post 9.23 earnings per share for the current year.

Vistra Increases Dividend

The company 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 is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Monday, September 21st. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. Vistra’s payout ratio is currently 15.54%.

Insider Activity

In other Vistra news, Director Paul M. Barbas sold 244 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $153.00, for a total transaction of $37,332.00. Following the sale, the director directly owned 53,006 shares of the company’s stock, valued at $8,109,918. The trade was a 0.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Margaret Montemayor sold 5,000 shares of the stock in a transaction 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 sale, the chief accounting officer owned 14,360 shares of the company’s stock, valued at $2,368,825.60. The trade was a 25.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 41,588 shares of company stock worth $6,739,227. Company 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.