Vistra Corp. $VST Shares Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. increased its position in shares of Vistra Corp. (NYSE:VST) by 3.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,575 shares of the company’s stock after acquiring an additional 615 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Vistra were worth $3,212,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. 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. 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 period. Armstrong Advisory Group Inc. increased its position in shares of Vistra by 48.4% during the second quarter. Armstrong Advisory Group Inc. now owns 239 shares of the company’s stock valued at $46,000 after acquiring an additional 78 shares during the last quarter. LRI Investments LLC increased its position in shares of Vistra by 104.3% during the second quarter. LRI Investments LLC now owns 286 shares of the company’s stock valued at $55,000 after acquiring an additional 146 shares during the last quarter. Finally, Keener Financial Planning LLC acquired a new stake in shares of Vistra during the first quarter valued at about $34,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Stock Down 4.2%

Shares of NYSE:VST opened at $201.53 on Monday. The company has a debt-to-equity ratio of 6.58, a current ratio of 0.90 and a quick ratio of 0.80. The firm has a market capitalization of $68.28 billion, a PE ratio of 32.14, a price-to-earnings-growth ratio of 2.86 and a beta of 1.33. The firm’s 50-day moving average is $200.58 and its two-hundred day moving average is $176.32. Vistra Corp. has a 1 year low of $90.51 and a 1 year high of $219.82.

Vistra (NYSE:VST) last issued its quarterly earnings results on Thursday, August 7th. The company reported $1.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.62). The business had revenue of $4.25 billion for the quarter, compared to analysts’ expectations of $5.15 billion. Vistra had a return on equity of 108.41% and a net margin of 12.90%. Analysts predict that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

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

Insider Buying and Selling at Vistra

In related news, CEO James A. Burke sold 21,355 shares of the company’s stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $215.21, for a total transaction of $4,595,809.55. Following the sale, the chief executive officer directly owned 282,597 shares in the company, valued at approximately $60,817,700.37. This represents a 7.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 590,228 shares of company stock worth $121,653,740 in the last 90 days. 1.42% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

VST has been the subject of a number of recent analyst reports. Daiwa Capital Markets upgraded shares of Vistra from a “neutral” rating to a “buy” rating and set a $250.00 price target for the company in a research report on Wednesday, September 17th. UBS Group lifted their price target on shares of Vistra from $207.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, July 25th. The Goldman Sachs Group lifted their price target on shares of Vistra from $179.00 to $203.00 and gave the company a “neutral” rating in a research report on Wednesday, August 13th. Cowen initiated coverage on shares of Vistra in a research report on Wednesday. They set a “buy” rating for the company. Finally, TD Cowen initiated coverage on shares of Vistra in a research report on Thursday. They set a “buy” rating and a $250.00 price target for the company. Four research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $229.31.

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.