United Capital Financial Advisors LLC Invests $2.09 Million in Vistra Corp. $VST

United Capital Financial Advisors LLC bought a new stake in Vistra Corp. (NYSE:VST) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,165 shares of the company’s stock, valued at approximately $2,088,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in Vistra in the fourth quarter valued at $25,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Vistra in the fourth quarter valued at approximately $28,000. Kemnay Advisory Services Inc. purchased a new stake in Vistra during the 4th quarter worth approximately $30,000. Strive Financial Group LLC acquired a new stake in Vistra during the 4th quarter worth approximately $33,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in Vistra during the 4th quarter worth approximately $35,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insiders Place Their Bets

In other Vistra news, CAO Margaret Montemayor sold 4,600 shares of Vistra stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $160.00, for a total transaction of $736,000.00. Following the completion of the sale, the chief accounting officer directly owned 9,760 shares of the company’s stock, valued at $1,561,600. The trade was a 32.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director John R. Sult sold 6,500 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $170.00, for a total value of $1,105,000.00. Following the sale, the director owned 70,714 shares of the company’s stock, valued at approximately $12,021,380. The trade was a 8.42% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 36,588 shares of company stock valued at $5,914,427 in the last three months. Corporate insiders own 0.92% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on VST. Zacks Research cut shares of Vistra from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 18th. Seaport Research Partners reiterated a “buy” rating and issued a $230.00 price objective on shares of Vistra in a research note on Monday, June 15th. Scotiabank lifted their target price on Vistra from $293.00 to $298.00 and gave the company an “outperform” rating in a report on Wednesday, July 15th. UBS Group decreased their target price on Vistra from $233.00 to $227.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. Finally, Mizuho started coverage on Vistra in a research note on Monday. They set an “outperform” rating and a $169.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $223.53.

Vistra Trading Down 1.9%

NYSE VST opened at $137.16 on Friday. Vistra Corp. has a 52 week low of $132.66 and a 52 week high of $219.82. The firm has a 50 day moving average of $151.62 and a two-hundred day moving average of $155.48. The company has a quick ratio of 0.87, a current ratio of 0.97 and a debt-to-equity ratio of 5.87. The stock has a market capitalization of $46.04 billion, a PE ratio of 23.17 and a beta of 1.41.

Vistra (NYSE:VST) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.76 earnings per share for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.85). The firm had revenue of $4.02 billion during the quarter, compared to analyst estimates of $5.46 billion. Vistra had a net margin of 11.55% and a return on equity of 108.68%. As a group, research analysts expect that Vistra Corp. will post 9.21 EPS for the current fiscal year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be paid a $0.23 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, September 21st. Vistra’s payout ratio is 15.54%.

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.