International Assets Investment Management LLC Buys 61,060 Shares of Vistra Corp. (NYSE:VST)

International Assets Investment Management LLC increased its stake in shares of Vistra Corp. (NYSE:VST) by 32,652.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 61,247 shares of the company’s stock after purchasing an additional 61,060 shares during the quarter. International Assets Investment Management LLC’s holdings in Vistra were worth $2,359,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of VST. Pacer Advisors Inc. increased its position in shares of Vistra by 19,070.8% during the 4th quarter. Pacer Advisors Inc. now owns 5,566,621 shares of the company’s stock valued at $214,426,000 after purchasing an additional 5,537,584 shares during the last quarter. Jupiter Asset Management Ltd. bought a new position in Vistra in the 3rd quarter valued at $57,218,000. Renaissance Technologies LLC grew its position in Vistra by 2,443.7% in the 1st quarter. Renaissance Technologies LLC now owns 1,781,440 shares of the company’s stock valued at $41,418,000 after acquiring an additional 1,711,407 shares during the last quarter. Deutsche Bank AG grew its position in Vistra by 509.3% in the 3rd quarter. Deutsche Bank AG now owns 1,734,590 shares of the company’s stock valued at $57,554,000 after acquiring an additional 1,449,905 shares during the last quarter. Finally, PointState Capital LP bought a new position in Vistra in the 1st quarter valued at $32,716,000. Institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling

In related news, EVP Carrie Lee Kirby sold 72,748 shares of the company’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $62.63, for a total transaction of $4,556,207.24. Following the completion of the sale, the executive vice president now directly owns 184,201 shares in the company, valued at approximately $11,536,508.63. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Carrie Lee Kirby sold 72,748 shares of the company’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $62.63, for a total transaction of $4,556,207.24. Following the completion of the sale, the executive vice president now directly owns 184,201 shares in the company, valued at approximately $11,536,508.63. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Stephanie Zapata Moore sold 98,020 shares of the company’s stock in a transaction on 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 sale, the executive vice president now owns 161,888 shares of the company’s stock, valued at $9,470,448. The disclosure for this sale can be found here. Insiders sold 257,285 shares of company stock worth $15,404,397 in the last three months. 1.42% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

VST has been the topic of several research analyst reports. Evercore ISI upped their price objective on Vistra from $72.00 to $79.00 and gave the company an “outperform” rating in a research report on Thursday, April 4th. BMO Capital Markets upped their price objective on Vistra from $52.00 to $60.00 and gave the company an “outperform” rating in a research report on Monday, March 4th. Janney Montgomery Scott initiated coverage on Vistra in a research report on Thursday. They issued a “buy” rating and a $82.00 price objective on the stock. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $78.00 price objective on shares of Vistra in a research report on Monday, March 25th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $67.20.

Vistra Price Performance

Shares of VST stock opened at $65.66 on Friday. Vistra Corp. has a twelve month low of $22.67 and a twelve month high of $75.89. The stock has a market capitalization of $22.84 billion, a price-to-earnings ratio of 18.34 and a beta of 1.05. The stock has a fifty day simple moving average of $61.06 and a two-hundred day simple moving average of $45.12. The company has a current ratio of 1.18, a quick ratio of 1.11 and a debt-to-equity ratio of 4.26.

Vistra (NYSE:VST) last issued its earnings results on Wednesday, February 28th. The company reported ($0.48) earnings per share for the quarter, missing the consensus estimate of $0.54 by ($1.02). Vistra had a return on equity of 20.05% and a net margin of 10.10%. The firm had revenue of $3.08 billion during the quarter, compared to analysts’ expectations of $5.48 billion. On average, analysts predict that Vistra Corp. will post 4.24 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Wednesday, March 20th were paid a dividend of $0.215 per share. This is a boost from Vistra’s previous quarterly dividend of $0.21. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date was Tuesday, March 19th. Vistra’s dividend payout ratio is 24.02%.

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.