Bank Julius Baer & Co. Ltd Zurich Buys Shares of 34,355 Vistra Corp. $VST

Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Vistra Corp. (NYSE:VST) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 34,355 shares of the company’s stock, valued at approximately $5,569,000.

Several other hedge funds and other institutional investors have also bought and sold shares of VST. Quent Capital LLC bought a new position in Vistra during the 3rd quarter valued at about $25,000. Archer Investment Corp lifted its stake in Vistra by 2,700.0% during the 3rd quarter. Archer Investment Corp now owns 140 shares of the company’s stock valued at $27,000 after acquiring an additional 135 shares during the period. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in Vistra during the 3rd quarter valued at about $28,000. Orion Capital Management LLC bought a new position in Vistra during the 3rd quarter valued at about $29,000. Finally, Salomon & Ludwin LLC lifted its stake in Vistra by 74.8% during the 4th quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock valued at $35,000 after acquiring an additional 92 shares during the period. Institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the sale, the executive vice president owned 114,409 shares in the company, valued at approximately $18,340,906.79. This trade represents a 8.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.92% of the company’s stock.

Analysts Set New Price Targets

VST has been the topic of several research analyst reports. Morgan Stanley restated an “overweight” rating and set a $208.00 target price on shares of Vistra in a research note on Tuesday, April 21st. Jefferies Financial Group upgraded shares of Vistra from a “hold” rating to a “buy” rating and increased their price objective for the stock from $191.00 to $203.00 in a research note on Tuesday, February 10th. BMO Capital Markets reiterated an “outperform” rating and issued a $241.00 price objective on shares of Vistra in a research note on Monday, March 2nd. TD Cowen lowered their price objective on shares of Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Finally, Wells Fargo & Company lowered their price objective on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $233.93.

Vistra Price Performance

NYSE VST opened at $139.92 on Friday. Vistra Corp. has a 12 month low of $137.81 and a 12 month high of $219.82. The stock has a market cap of $47.18 billion, a price-to-earnings ratio of 23.44, a PEG ratio of 0.81 and a beta of 1.43. The company’s 50 day moving average is $156.34 and its two-hundred day moving average is $164.79. The company has a current ratio of 0.90, a quick ratio of 0.69 and a debt-to-equity ratio of 5.51.

Vistra (NYSE:VST) last released its earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $1.55. Vistra had a net margin of 11.52% and a return on equity of 105.64%. The company had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.22 billion. As a group, research analysts anticipate that Vistra Corp. will post 9.31 earnings per share for the current year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be paid a dividend of $0.229 per share. This represents a $0.92 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, June 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is 15.24%.

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.