Centaurus Financial Inc. Acquires Shares of 13,176 Vistra Corp. $VST

Centaurus Financial Inc. bought a new position in shares of Vistra Corp. (NYSE:VST) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 13,176 shares of the company’s stock, valued at approximately $2,090,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in Vistra during the 4th quarter valued at about $25,000. Mcguire Capital Advisors Inc. bought a new stake in shares of Vistra during the fourth quarter valued at approximately $28,000. Kemnay Advisory Services Inc. bought a new stake in shares of Vistra during the fourth quarter valued at approximately $30,000. Triumph Capital Management purchased a new stake in shares of Vistra in the third quarter valued at approximately $38,000. Finally, Strive Asset Management LLC bought a new position in Vistra in the third quarter worth approximately $38,000. 90.88% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on VST shares. Zacks Research cut Vistra from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 18th. The Goldman Sachs Group set a $206.00 target price on shares of Vistra in a report on Wednesday, August 12th. JPMorgan Chase & Co. cut their target price on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $190.00 price target on shares of Vistra in a research report on Thursday, May 21st. Finally, TD Cowen dropped their price objective on shares of Vistra from $222.00 to $221.00 and set a “buy” rating on the stock in a research note on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Vistra currently has an average rating of “Moderate Buy” and an average target price of $223.53.

Vistra Stock Performance

Shares of VST stock opened at $139.90 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.87 and a debt-to-equity ratio of 5.87. The company has a market cap of $46.96 billion, a PE ratio of 23.63 and a beta of 1.41. Vistra Corp. has a 12-month low of $132.66 and a 12-month high of $219.82. The business’s fifty day simple moving average is $152.15 and its 200-day simple moving average is $155.61.

Vistra (NYSE:VST) last announced its earnings results on Friday, August 7th. The company reported $0.76 earnings per share 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 business had revenue of $4.02 billion for the quarter, compared to analysts’ expectations of $5.46 billion. Analysts expect that Vistra Corp. will post 9.21 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be paid a dividend of $0.23 per share. The ex-dividend date is Monday, September 21st. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.7%. Vistra’s payout ratio is presently 15.54%.

Insiders Place Their Bets

In other news, Director John R. Sult sold 6,500 shares of the company’s stock in a transaction dated 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 owned 70,714 shares in the company, valued at $12,021,380. This represents a 8.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Margaret Montemayor sold 4,600 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $160.00, for a total transaction of $736,000.00. Following the completion of the transaction, the chief accounting officer directly owned 9,760 shares of the company’s stock, valued at $1,561,600. The trade was a 32.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 36,588 shares of company stock worth $5,914,427 over the last ninety days. 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.