Shelton Wealth Management LLC Purchases 4,455 Shares of Vistra Corp. $VST

Shelton Wealth Management LLC raised its holdings in shares of Vistra Corp. (NYSE:VST) by 253.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,211 shares of the company’s stock after purchasing an additional 4,455 shares during the quarter. Shelton Wealth Management LLC’s holdings in Vistra were worth $934,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in Vistra in the 4th quarter worth approximately $746,729,000. Payden & Rygel grew its position in shares of Vistra by 3,118.2% during the 4th quarter. Payden & Rygel now owns 35,400 shares of the company’s stock valued at $5,711,000 after purchasing an additional 34,300 shares in the last quarter. Signature Estate & Investment Advisors LLC purchased a new position in shares of Vistra during the 4th quarter valued at $29,875,000. Legal & General Group Plc increased its holdings in shares of Vistra by 12.2% in the fourth quarter. Legal & General Group Plc now owns 1,768,694 shares of the company’s stock worth $285,343,000 after purchasing an additional 192,274 shares during the period. Finally, Intech Investment Management LLC raised its position in shares of Vistra by 34.4% in the fourth quarter. Intech Investment Management LLC now owns 188,921 shares of the company’s stock worth $30,479,000 after buying an additional 48,378 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Insider Activity

In other Vistra news, Director John R. Sult sold 6,500 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $170.00, for a total transaction of $1,105,000.00. Following the completion of the sale, the director owned 70,714 shares of the company’s stock, valued at $12,021,380. This represents a 8.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paul M. Barbas sold 244 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $153.00, for a total transaction of $37,332.00. Following the transaction, the director directly owned 53,006 shares of the company’s stock, valued at approximately $8,109,918. This trade represents a 0.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 41,588 shares of company stock valued at $6,739,227 in the last three months. Corporate insiders own 0.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Morgan Stanley reissued an “overweight” rating and set a $210.00 price objective on shares of Vistra in a research note on Wednesday, June 24th. TD Cowen lowered their price target on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Raymond James Financial set a $208.00 price objective on shares of Vistra in a research report on Monday, April 27th. Finally, Seaport Research Partners reaffirmed a “buy” rating and issued a $230.00 target price on shares of Vistra in a research note on Monday, June 15th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $230.31.

Vistra Trading Down 1.5%

Shares of VST traded down $2.33 during trading hours on Tuesday, hitting $154.89. The company had a trading volume of 927,553 shares, compared to its average volume of 5,041,716. Vistra Corp. has a 52-week low of $132.66 and a 52-week high of $219.82. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51. The stock’s 50 day moving average price is $154.38 and its 200 day moving average price is $158.74. The firm has a market cap of $52.23 billion, a P/E ratio of 25.96 and a beta of 1.40.

Vistra (NYSE:VST) last posted its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $1.55. The business had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. On average, research analysts predict that Vistra Corp. will post 9.52 EPS for the current year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd were issued a $0.229 dividend. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, June 22nd. Vistra’s dividend payout ratio (DPR) is 15.41%.

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.