Insight Advisors LLC PA Buys Shares of 1,179 Vistra Corp. $VST

Insight Advisors LLC PA purchased 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 institutional investor purchased 1,179 shares of the company’s stock, valued at approximately $229,000.

A number of other large investors also recently modified their holdings of the company. Dimensional Fund Advisors LP grew its position in Vistra by 0.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,190,462 shares of the company’s stock worth $492,102,000 after acquiring an additional 11,386 shares during the last quarter. Northern Trust Corp raised its position in Vistra by 1.9% in the first quarter. Northern Trust Corp now owns 3,083,842 shares of the company’s stock valued at $362,166,000 after purchasing an additional 57,358 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Vistra during the first quarter valued at about $209,149,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Vistra by 8.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,470,680 shares of the company’s stock valued at $172,717,000 after purchasing an additional 118,230 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Vistra by 1.5% during the first quarter. American Century Companies Inc. now owns 1,327,653 shares of the company’s stock worth $155,920,000 after purchasing an additional 19,679 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors.

Insider Activity at Vistra

In related news, CEO James A. Burke sold 19,612 shares of the firm’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $188.30, for a total transaction of $3,692,939.60. Following the completion of the sale, the chief executive officer owned 292,642 shares of the company’s stock, valued at $55,104,488.60. This trade represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last 90 days, insiders sold 654,583 shares of company stock worth $134,542,882. 1.42% of the stock is owned by corporate insiders.

Vistra Trading Up 2.5%

NYSE:VST opened at $190.44 on Friday. Vistra Corp. has a 52 week low of $90.51 and a 52 week high of $219.82. The company has a debt-to-equity ratio of 6.58, a quick ratio of 0.80 and a current ratio of 0.90. The firm’s fifty day moving average is $199.36 and its 200-day moving average is $177.73. The firm has a market cap of $64.53 billion, a P/E ratio of 30.37, a P/E/G ratio of 2.64 and a beta of 1.33.

Vistra (NYSE:VST) last released its earnings results on Thursday, August 7th. The company reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.63 by ($0.62). The firm had revenue of $4.25 billion during the quarter, compared to analyst estimates of $5.15 billion. Vistra had a net margin of 12.90% and a return on equity of 108.41%. Equities analysts expect that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 19th were paid a $0.226 dividend. The ex-dividend date of this dividend was Friday, September 19th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is presently 14.35%.

Analysts Set New Price Targets

VST has been the subject of a number of research reports. Scotiabank initiated coverage on shares of Vistra in a report on Monday, September 22nd. They issued a “sector outperform” rating and a $256.00 price objective for the company. Melius Research upgraded shares of Vistra to a “strong-buy” rating in a research report on Wednesday, August 20th. Wall Street Zen downgraded shares of Vistra from a “hold” rating to a “sell” rating in a research note on Friday, September 5th. Daiwa Capital Markets raised shares of Vistra from a “neutral” rating to a “buy” rating and set a $250.00 price objective on the stock in a research note on Wednesday, September 17th. Finally, The Goldman Sachs Group increased their price objective on Vistra from $179.00 to $203.00 and gave the company a “neutral” rating in a report on Wednesday, August 13th. Four equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Vistra currently has an average rating of “Buy” and an average price target of $229.31.

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.