Vistra Corp. $VST Holdings Raised by Nicholas Wealth LLC.

Nicholas Wealth LLC. increased its position in shares of Vistra Corp. (NYSE:VST) by 533.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,713 shares of the company’s stock after acquiring an additional 5,654 shares during the period. Nicholas Wealth LLC.’s holdings in Vistra were worth $1,083,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new position in Vistra during the fourth quarter worth about $746,729,000. Payden & Rygel grew its holdings in Vistra by 3,118.2% during the fourth quarter. Payden & Rygel now owns 35,400 shares of the company’s stock worth $5,711,000 after acquiring an additional 34,300 shares during the period. Signature Estate & Investment Advisors LLC acquired a new position in Vistra during the fourth quarter worth about $29,875,000. Legal & General Group Plc grew its holdings in Vistra by 12.2% during the fourth quarter. Legal & General Group Plc now owns 1,768,694 shares of the company’s stock worth $285,343,000 after acquiring an additional 192,274 shares during the period. Finally, Intech Investment Management LLC grew its holdings in Vistra by 34.4% during the fourth quarter. Intech Investment Management LLC now owns 188,921 shares of the company’s stock worth $30,479,000 after acquiring an additional 48,378 shares during the period. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Trading Up 3.3%

Shares of VST opened at $158.53 on Wednesday. The business’s 50-day moving average price is $153.72 and its 200 day moving average price is $159.85. The stock has a market capitalization of $53.45 billion, a P/E ratio of 26.55 and a beta of 1.40. Vistra Corp. has a 1-year low of $132.66 and a 1-year high of $219.82. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51.

Vistra (NYSE:VST) last issued its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $1.55. The firm had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. Analysts expect that Vistra Corp. will post 9.31 earnings per share for the current year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be paid a dividend of $0.229 per share. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $0.92 annualized dividend and a yield of 0.6%. Vistra’s dividend payout ratio (DPR) is presently 15.24%.

Insider Activity

In other Vistra news, CAO Margaret Montemayor sold 5,000 shares of Vistra stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total transaction of $824,800.00. Following the transaction, the chief accounting officer owned 14,360 shares of the company’s stock, valued at $2,368,825.60. The trade was a 25.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Paul M. Barbas sold 244 shares of Vistra stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $153.00, for a total value of $37,332.00. Following the transaction, the director directly owned 53,006 shares in the company, valued at approximately $8,109,918. This trade represents a 0.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 10,088 shares of company stock worth $1,634,227. Company insiders own 0.92% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on VST shares. Sanford C. Bernstein set a $187.00 target price on Vistra in a report on Tuesday. Weiss Ratings raised Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. BMO Capital Markets reissued an “outperform” rating and issued a $241.00 price target on shares of Vistra in a research note on Monday, March 2nd. Seaport Research Partners reissued a “buy” rating and issued a $230.00 price target on shares of Vistra in a research note on Monday. Finally, Raymond James Financial set a $208.00 price target on Vistra in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $230.44.

Vistra Company Profile

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower?carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.