Chicago Capital LLC Takes Position in Vistra Corp. (NYSE:VST)

Chicago Capital LLC bought a new stake in Vistra Corp. (NYSE:VST) in the fourth quarter, HoldingsChannel.com reports. The firm bought 70,506 shares of the company’s stock, valued at approximately $2,716,000.

A number of other institutional investors also recently modified their holdings of the business. PNC Financial Services Group Inc. raised its stake in Vistra by 2.1% in the second quarter. PNC Financial Services Group Inc. now owns 19,446 shares of the company’s stock valued at $510,000 after purchasing an additional 396 shares in the last quarter. Advisors Asset Management Inc. raised its stake in Vistra by 3.8% in the third quarter. Advisors Asset Management Inc. now owns 11,090 shares of the company’s stock valued at $368,000 after purchasing an additional 405 shares in the last quarter. Blue Trust Inc. raised its stake in Vistra by 160.7% in the fourth quarter. Blue Trust Inc. now owns 717 shares of the company’s stock valued at $28,000 after purchasing an additional 442 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in Vistra by 2.3% in the second quarter. Commonwealth Equity Services LLC now owns 20,391 shares of the company’s stock valued at $535,000 after purchasing an additional 460 shares in the last quarter. Finally, Fifth Third Bancorp raised its stake in Vistra by 52.1% in the fourth quarter. Fifth Third Bancorp now owns 1,346 shares of the company’s stock valued at $52,000 after purchasing an additional 461 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Analyst Ratings Changes

VST has been the subject of several research analyst reports. Morgan Stanley reissued an “overweight” rating and set a $78.00 target price on shares of Vistra in a research note on Monday, March 25th. BMO Capital Markets boosted their target price on Vistra from $52.00 to $60.00 and gave the stock an “outperform” rating in a research note on Monday, March 4th. Finally, Evercore ISI boosted their target price on Vistra from $42.00 to $72.00 and gave the stock an “outperform” rating in a research note on Monday, March 18th. Four investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $61.75.

Vistra Stock Up 2.0 %

Shares of NYSE VST opened at $69.65 on Monday. The company has a current ratio of 1.18, a quick ratio of 1.11 and a debt-to-equity ratio of 4.26. The company has a market cap of $24.23 billion, a price-to-earnings ratio of 19.46, a PEG ratio of 0.93 and a beta of 1.05. Vistra Corp. has a 12 month low of $22.67 and a 12 month high of $73.05. The stock has a 50-day moving average price of $52.51 and a two-hundred day moving average price of $41.36.

Vistra (NYSE:VST) last announced its earnings results on Wednesday, February 28th. The company reported ($0.48) EPS for the quarter, missing the consensus estimate of $0.54 by ($1.02). Vistra had a net margin of 10.10% and a return on equity of 20.05%. The company had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $5.48 billion. As a group, analysts forecast that Vistra Corp. will post 4.28 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Wednesday, March 20th were given a $0.215 dividend. This is a positive change from Vistra’s previous quarterly dividend of $0.21. This represents a $0.86 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date was Tuesday, March 19th. Vistra’s dividend payout ratio is presently 24.02%.

Insider Activity at Vistra

In other news, EVP Stephanie Zapata Moore sold 98,020 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total transaction of $5,734,170.00. Following the completion of the sale, the executive vice president now directly owns 161,888 shares of the company’s stock, valued at approximately $9,470,448. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Vistra news, EVP Stephanie Zapata Moore sold 98,020 shares of the firm’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total value of $5,734,170.00. Following the completion of the transaction, the executive vice president now owns 161,888 shares in the company, valued at approximately $9,470,448. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Carrie Lee Kirby sold 72,748 shares of Vistra stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $62.63, for a total value of $4,556,207.24. Following the sale, the executive vice president now owns 184,201 shares of the company’s stock, valued at approximately $11,536,508.63. The disclosure for this sale can be found here. In the last three months, insiders sold 257,285 shares of company stock valued at $15,404,397. 1.36% of the stock is owned by insiders.

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.