Hantz Financial Services Inc. Has $2.47 Million Holdings in Vistra Corp. $VST

Hantz Financial Services Inc. lessened its position in Vistra Corp. (NYSE:VST) by 2.3% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 12,718 shares of the company’s stock after selling 306 shares during the period. Hantz Financial Services Inc.’s holdings in Vistra were worth $2,465,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. ELCO Management Co. LLC acquired a new stake in Vistra in the second quarter valued at approximately $499,000. Peak Financial Advisors LLC purchased a new position in shares of Vistra during the second quarter valued at approximately $547,000. Envestnet Asset Management Inc. boosted its position in shares of Vistra by 29.1% during the first quarter. Envestnet Asset Management Inc. now owns 255,629 shares of the company’s stock valued at $30,021,000 after buying an additional 57,551 shares during the last quarter. Tcfg Wealth Management LLC purchased a new position in shares of Vistra during the second quarter valued at approximately $258,000. Finally, Modus Advisors LLC boosted its position in shares of Vistra by 5.9% during the second quarter. Modus Advisors LLC now owns 22,422 shares of the company’s stock valued at $4,346,000 after buying an additional 1,240 shares during the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insiders Place Their Bets

In related news, CEO James A. Burke sold 9,641 shares of Vistra stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $192.30, for a total value of $1,853,964.30. Following the completion of the sale, the chief executive officer owned 298,967 shares of the company’s stock, valued at approximately $57,491,354.10. This trade represents a 3.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 723,910 shares of company stock valued at $148,086,569. Company insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

VST has been the topic of several analyst reports. BMO Capital Markets lifted their target price on Vistra from $229.00 to $236.00 and gave the company an “outperform” rating in a research report on Friday, October 3rd. Wall Street Zen cut Vistra from a “hold” rating to a “sell” rating in a research report on Friday, September 5th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Vistra in a research report on Thursday. Wells Fargo & Company initiated coverage on Vistra in a research report on Monday. They set an “overweight” rating and a $238.00 target price on the stock. Finally, Daiwa Capital Markets raised Vistra from a “neutral” rating to a “buy” rating and set a $250.00 target price on the stock in a research report on Wednesday, September 17th. Four research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $229.93.

Vistra Stock Performance

Shares of Vistra stock opened at $188.36 on Friday. The business’s fifty day simple moving average is $199.50 and its 200 day simple moving average is $181.69. The firm has a market capitalization of $63.82 billion, a P/E ratio of 30.04, a price-to-earnings-growth ratio of 2.69 and a beta of 1.33. Vistra Corp. has a 12 month low of $90.51 and a 12 month high of $219.82. The company has a current ratio of 0.90, a quick ratio of 0.80 and a debt-to-equity ratio of 6.58.

Vistra (NYSE:VST) last issued its quarterly earnings results on Thursday, August 7th. The company reported $1.01 EPS for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.62). The business had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $5.15 billion. Vistra had a return on equity of 108.41% and a net margin of 12.90%. As a group, analysts anticipate that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be issued a $0.227 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, December 22nd. This represents a $0.91 annualized dividend and a yield of 0.5%. Vistra’s payout ratio is 14.35%.

Vistra Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.