1,576 Shares in Vistra Corp. $VST Acquired by Nicholas Wealth LLC.

Nicholas Wealth LLC. purchased a new position in shares of Vistra Corp. (NYSE:VST) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,576 shares of the company’s stock, valued at approximately $305,000.

A number of other large investors also recently modified their holdings of VST. Anfield Capital Management LLC acquired a new stake in shares of Vistra in the 2nd quarter valued at $29,000. Wealthspire Advisors LLC purchased a new position in Vistra in the second quarter valued at $220,000. Kayne Anderson Capital Advisors LP increased its holdings in Vistra by 57.3% in the second quarter. Kayne Anderson Capital Advisors LP now owns 38,687 shares of the company’s stock valued at $7,498,000 after buying an additional 14,090 shares during the last quarter. Perennial Investment Advisors LLC acquired a new stake in Vistra in the second quarter valued at $225,000. Finally, Semus Wealth Partners LLC purchased a new stake in Vistra during the 2nd quarter worth about $242,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Vistra news, EVP Carrie Lee Kirby sold 58,275 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $174.75, for a total transaction of $10,183,556.25. Following the completion of the sale, the executive vice president directly owned 218,239 shares of the company’s stock, valued at approximately $38,137,265.25. This trade represents a 21.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Scott A. Hudson sold 56,000 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $168.86, for a total value of $9,456,160.00. Following the completion of the transaction, the executive vice president directly owned 306,600 shares in the company, valued at approximately $51,772,476. The trade was a 15.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 860,120 shares of company stock valued at $171,817,820 over the last quarter. 1.42% of the stock is currently owned by insiders.

Vistra Price Performance

VST stock opened at $175.09 on Wednesday. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74. The company has a market capitalization of $59.33 billion, a P/E ratio of 63.21, a PEG ratio of 2.19 and a beta of 1.30. The business has a 50 day simple moving average of $197.41 and a 200-day simple moving average of $187.54. Vistra Corp. has a twelve month low of $90.51 and a twelve month high of $219.82.

Vistra (NYSE:VST) last released its quarterly earnings results on Friday, November 7th. The company reported $1.75 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.03). Vistra had a net margin of 6.70% and a return on equity of 64.04%. The business had revenue of $4.97 billion during the quarter, compared to analysts’ expectations of $6.60 billion. As a group, equities analysts anticipate that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be paid a dividend of $0.227 per share. This represents a $0.91 annualized dividend and a dividend yield of 0.5%. This is a positive change from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Monday, December 22nd. Vistra’s payout ratio is currently 32.49%.

Analysts Set New Price Targets

VST has been the topic of a number of recent analyst reports. UBS Group increased their price objective on Vistra from $207.00 to $230.00 and gave the company a “buy” rating in a report on Friday, July 25th. Cowen initiated coverage on shares of Vistra in a research note on Wednesday, October 15th. They issued a “buy” rating on the stock. Wells Fargo & Company initiated coverage on shares of Vistra in a report on Monday, October 27th. They set an “overweight” rating and a $238.00 price objective on the stock. Weiss Ratings downgraded shares of Vistra from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, November 13th. Finally, Wall Street Zen downgraded shares of Vistra from a “hold” rating to a “sell” rating in a research report on Friday, September 5th. Four analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $234.21.

About Vistra

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.