World Investment Advisors Buys 3,721 Shares of Vistra Corp. $VST

World Investment Advisors boosted its stake in shares of Vistra Corp. (NYSE:VST) by 85.8% during the 4th quarter, HoldingsChannel reports. The fund owned 8,057 shares of the company’s stock after purchasing an additional 3,721 shares during the period. World Investment Advisors’ holdings in Vistra were worth $1,300,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Bridgewater Advisors Inc. grew its position in Vistra by 3.1% during the 3rd quarter. Bridgewater Advisors Inc. now owns 1,787 shares of the company’s stock worth $350,000 after purchasing an additional 53 shares during the period. Y.D. More Investments Ltd grew its position in Vistra by 7.1% during the 3rd quarter. Y.D. More Investments Ltd now owns 916 shares of the company’s stock worth $168,000 after purchasing an additional 61 shares during the period. Equitable Holdings Inc. boosted its stake in shares of Vistra by 0.9% during the 3rd quarter. Equitable Holdings Inc. now owns 7,045 shares of the company’s stock worth $1,380,000 after acquiring an additional 61 shares in the last quarter. Ballentine Partners LLC boosted its stake in shares of Vistra by 2.0% during the 3rd quarter. Ballentine Partners LLC now owns 3,275 shares of the company’s stock worth $642,000 after acquiring an additional 63 shares in the last quarter. Finally, SOA Wealth Advisors LLC. boosted its stake in shares of Vistra by 21.7% during the 4th quarter. SOA Wealth Advisors LLC. now owns 365 shares of the company’s stock worth $59,000 after acquiring an additional 65 shares in the last quarter. 90.88% of the stock is owned by institutional investors.

Vistra Trading Down 1.4%

Shares of Vistra stock opened at $139.92 on Friday. The firm has a market capitalization of $47.18 billion, a PE ratio of 23.44, a P/E/G ratio of 0.79 and a beta of 1.43. Vistra Corp. has a twelve month low of $137.81 and a twelve month high of $219.82. The firm’s 50-day moving average price is $156.34 and its 200 day moving average price 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 issued its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $1.55. The firm had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.22 billion. Vistra had a net margin of 11.52% and a return on equity of 105.64%. On average, sell-side analysts predict that Vistra Corp. will post 9.31 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 22nd will be paid a $0.229 dividend. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a yield of 0.7%. This is a boost from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is 15.24%.

Insiders Place Their Bets

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 value of $1,603,100.00. Following the transaction, the executive vice president directly owned 114,409 shares of the company’s stock, valued at $18,340,906.79. This trade represents a 8.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.92% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

VST has been the topic of several recent analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Weiss Ratings raised shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. TD Cowen lowered their target price 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. Jefferies Financial Group raised shares of Vistra from a “hold” rating to a “buy” rating and increased their target price for the stock from $191.00 to $203.00 in a research note on Tuesday, February 10th. Finally, The Goldman Sachs Group raised shares of Vistra from a “neutral” rating to a “buy” rating and set a $205.00 target price on the stock in a research note on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $233.93.

Vistra Company Profile

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.