Vistra Corp. (NYSE:VST) Position Raised by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Vistra Corp. (NYSE:VST) by 1.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 62,028 shares of the company’s stock after purchasing an additional 829 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Vistra were worth $2,389,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of VST. FinTrust Capital Advisors LLC acquired a new position in shares of Vistra in the 3rd quarter worth approximately $26,000. Blue Trust Inc. grew its position in Vistra by 160.7% in the fourth quarter. Blue Trust Inc. now owns 717 shares of the company’s stock worth $28,000 after buying an additional 442 shares during the last quarter. Fifth Third Bancorp bought a new position in shares of Vistra in the third quarter valued at $29,000. Rise Advisors LLC acquired a new stake in shares of Vistra during the 4th quarter valued at $35,000. Finally, NBC Securities Inc. bought a new stake in shares of Vistra during the 3rd quarter worth $64,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra Stock Performance

Shares of VST stock opened at $68.45 on Wednesday. The company has a market capitalization of $23.81 billion, a price-to-earnings ratio of 19.12 and a beta of 1.05. Vistra Corp. has a 1-year low of $22.67 and a 1-year high of $75.89. 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 stock’s fifty day simple moving average is $61.54 and its 200-day simple moving average is $45.55.

Vistra (NYSE:VST) last released 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). The business had revenue of $3.08 billion for the quarter, compared to analysts’ expectations of $5.48 billion. Vistra had a net margin of 10.10% and a return on equity of 20.05%. On average, sell-side analysts predict that Vistra Corp. will post 3.61 earnings per share 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 given a dividend of $0.215 per share. The ex-dividend date of this dividend was Tuesday, March 19th. This is an increase from Vistra’s previous quarterly dividend of $0.21. This represents a $0.86 dividend on an annualized basis and a yield of 1.26%. Vistra’s payout ratio is presently 24.02%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. 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 report on Monday, March 4th. Janney Montgomery Scott began coverage on Vistra in a report on Thursday, April 18th. They set a “buy” rating and a $82.00 price objective on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $78.00 target price on shares of Vistra in a report on Monday, March 25th. Finally, Evercore ISI lifted their target price on shares of Vistra from $72.00 to $79.00 and gave the stock an “outperform” rating in a research report on Thursday, April 4th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $67.20.

Insider Buying and Selling at Vistra

In other Vistra news, EVP Scott A. Hudson sold 86,517 shares of Vistra stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $59.11, for a total transaction of $5,114,019.87. Following the completion of the sale, the executive vice president now owns 254,932 shares of the company’s stock, valued at approximately $15,069,030.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, EVP Carrie Lee Kirby sold 72,748 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $62.63, for a total value of $4,556,207.24. Following the transaction, the executive vice president now owns 184,201 shares in the company, valued at $11,536,508.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Scott A. Hudson sold 86,517 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $59.11, for a total transaction of $5,114,019.87. Following the transaction, the executive vice president now directly owns 254,932 shares in the company, valued at approximately $15,069,030.52. The disclosure for this sale can be found here. In the last quarter, insiders have sold 257,285 shares of company stock worth $15,404,397. 1.42% of the stock is currently owned by company insiders.

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.