Rockline Wealth Management LLC Boosts Stake in Vistra Corp. $VST

Rockline Wealth Management LLC raised its holdings in Vistra Corp. (NYSE:VST) by 10.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,405 shares of the company’s stock after acquiring an additional 1,004 shares during the period. Rockline Wealth Management LLC’s holdings in Vistra were worth $2,017,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Banque Transatlantique SA boosted its stake in Vistra by 132.0% during the first quarter. Banque Transatlantique SA now owns 232 shares of the company’s stock worth $25,000 after buying an additional 132 shares during the last quarter. HM Payson & Co. boosted its position in shares of Vistra by 275.4% during the 1st quarter. HM Payson & Co. now owns 229 shares of the company’s stock valued at $27,000 after acquiring an additional 168 shares during the last quarter. City State Bank grew its holdings in shares of Vistra by 210.0% in the second quarter. City State Bank now owns 155 shares of the company’s stock valued at $30,000 after purchasing an additional 105 shares during the period. Keener Financial Planning LLC acquired a new stake in Vistra during the first quarter worth about $34,000. Finally, WPG Advisers LLC purchased a new position in Vistra during the first quarter worth about $37,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Vistra

In other Vistra news, CEO James A. Burke sold 9,641 shares of Vistra stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $192.30, for a total transaction of $1,853,964.30. Following the transaction, the chief executive officer directly owned 298,967 shares of the company’s stock, valued at $57,491,354.10. The trade was a 3.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last three months, insiders have sold 723,910 shares of company stock worth $148,086,569. 1.42% of the stock is currently owned by corporate insiders.

Vistra Price Performance

VST stock opened at $193.05 on Tuesday. Vistra Corp. has a 12-month low of $90.51 and a 12-month 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 firm has a 50 day moving average of $199.56 and a 200-day moving average of $183.16. The company has a market cap of $65.41 billion, a price-to-earnings ratio of 30.79, a PEG ratio of 2.67 and a beta of 1.30.

Vistra (NYSE:VST) last released its quarterly earnings results on Thursday, August 7th. The company reported $1.01 EPS for the quarter, missing the consensus estimate of $1.63 by ($0.62). Vistra had a net margin of 12.90% and a return on equity of 108.41%. The business had revenue of $4.25 billion during the quarter, compared to analyst estimates of $5.15 billion. As a group, equities analysts expect that Vistra Corp. will post 7 EPS for the current fiscal year.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be paid a dividend of $0.227 per share. This is a boost from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, December 22nd. Vistra’s payout ratio is currently 14.35%.

Analysts Set New Price Targets

A number of research firms recently commented on VST. Wall Street Zen cut Vistra from a “hold” rating to a “sell” rating in a report on Friday, September 5th. Daiwa America raised Vistra from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 17th. Weiss Ratings restated a “buy (b-)” rating on shares of Vistra in a report on Thursday, October 30th. Cowen started coverage on shares of Vistra in a research note on Wednesday, October 15th. They set a “buy” rating for the company. Finally, Daiwa Capital Markets upgraded shares of Vistra from a “neutral” rating to a “buy” rating and set a $250.00 price objective on the stock in a report on Wednesday, September 17th. Four research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $229.93.

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.