CVA Family Office LLC Has $89,000 Stock Position in Vistra Corp. $VST

CVA Family Office LLC increased its holdings in shares of Vistra Corp. (NYSE:VST) by 23.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 458 shares of the company’s stock after purchasing an additional 86 shares during the period. CVA Family Office LLC’s holdings in Vistra were worth $89,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Verdence Capital Advisors LLC boosted its stake in shares of Vistra by 2.2% during the 2nd quarter. Verdence Capital Advisors LLC now owns 3,256 shares of the company’s stock worth $631,000 after acquiring an additional 71 shares during the period. Fogel Capital Management Inc. boosted its position in Vistra by 0.9% during the second quarter. Fogel Capital Management Inc. now owns 7,897 shares of the company’s stock worth $1,531,000 after purchasing an additional 72 shares during the period. Red Mountain Financial LLC boosted its position in Vistra by 3.1% during the second quarter. Red Mountain Financial LLC now owns 2,435 shares of the company’s stock worth $472,000 after purchasing an additional 74 shares during the period. Parallel Advisors LLC increased its holdings in shares of Vistra by 3.1% in the second quarter. Parallel Advisors LLC now owns 2,528 shares of the company’s stock valued at $490,000 after purchasing an additional 75 shares during the last quarter. Finally, Global Financial Private Client LLC raised its position in shares of Vistra by 4.7% in the second quarter. Global Financial Private Client LLC now owns 1,695 shares of the company’s stock valued at $329,000 after purchasing an additional 76 shares during the period. Institutional investors own 90.88% of the company’s stock.

Analyst Ratings Changes

VST has been the subject of several research analyst reports. JPMorgan Chase & Co. lifted their target price on shares of Vistra from $227.00 to $248.00 and gave the stock an “overweight” rating in a report on Wednesday, September 24th. Wall Street Zen cut Vistra from a “hold” rating to a “sell” rating in a report on Friday, September 5th. Scotiabank began coverage on Vistra in a research report on Monday, September 22nd. They issued a “sector outperform” rating and a $256.00 target price on the stock. Daiwa Capital Markets raised Vistra from a “neutral” rating to a “buy” rating and set a $250.00 price target for the company in a report on Wednesday, September 17th. Finally, Melius began coverage on Vistra in a research note on Wednesday, August 20th. They issued a “buy” rating and a $295.00 price target for the company. Four analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $229.31.

Vistra Trading Up 5.4%

Shares of VST stock opened at $201.62 on Friday. The stock has a market cap of $68.31 billion, a P/E ratio of 32.16, a price-to-earnings-growth ratio of 2.86 and a beta of 1.33. Vistra Corp. has a 1 year low of $90.51 and a 1 year high of $219.82. The company has a current ratio of 0.90, a quick ratio of 0.80 and a debt-to-equity ratio of 6.58. The stock has a 50 day simple moving average of $199.45 and a 200 day simple moving average of $178.94.

Vistra (NYSE:VST) last announced its quarterly earnings data on Thursday, August 7th. The company reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.63 by ($0.62). The company 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%. On average, research analysts predict that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 19th were given a dividend of $0.226 per share. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.90 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Friday, September 19th. Vistra’s dividend payout ratio (DPR) is currently 14.35%.

Insider Transactions at Vistra

In other Vistra news, CEO James A. Burke sold 19,612 shares of the firm’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $188.30, for a total value of $3,692,939.60. Following the transaction, the chief executive officer directly owned 292,642 shares of the company’s stock, valued at $55,104,488.60. This trade represents a 6.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 654,583 shares of company stock worth $134,542,882 in the last 90 days. Corporate insiders own 1.42% of the company’s stock.

Vistra Company 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.