Vistra Corp. (NYSE:VST) Shares Purchased by NBC Securities Inc.

NBC Securities Inc. increased its position in shares of Vistra Corp. (NYSE:VST) by 983.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,626 shares of the company’s stock after acquiring an additional 13,276 shares during the quarter. NBC Securities Inc.’s holdings in Vistra were worth $1,257,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Lindbrook Capital LLC boosted its position in shares of Vistra by 16.8% during the 1st quarter. Lindbrook Capital LLC now owns 981 shares of the company’s stock valued at $68,000 after acquiring an additional 141 shares during the last quarter. Massmutual Trust Co. FSB ADV lifted its position in Vistra by 38.6% in the second quarter. Massmutual Trust Co. FSB ADV now owns 557 shares of the company’s stock valued at $48,000 after buying an additional 155 shares during the last quarter. State of Alaska Department of Revenue lifted its position in Vistra by 0.5% in the first quarter. State of Alaska Department of Revenue now owns 36,465 shares of the company’s stock valued at $2,539,000 after buying an additional 170 shares during the last quarter. Venturi Wealth Management LLC lifted its position in Vistra by 1.1% in the first quarter. Venturi Wealth Management LLC now owns 23,720 shares of the company’s stock valued at $1,652,000 after buying an additional 261 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in Vistra by 17.4% in the first quarter. GAMMA Investing LLC now owns 2,108 shares of the company’s stock valued at $147,000 after buying an additional 312 shares during the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on VST. BMO Capital Markets upped their target price on shares of Vistra from $79.00 to $109.00 and gave the company an “outperform” rating in a research report on Friday, May 10th. UBS Group boosted their price target on shares of Vistra from $85.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, May 9th. Janney Montgomery Scott started coverage on shares of Vistra in a research note on Thursday, April 18th. They set a “buy” rating and a $82.00 price target on the stock. Morgan Stanley boosted their price target on shares of Vistra from $86.00 to $110.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 28th. Finally, Guggenheim upgraded shares of Vistra to a “strong-buy” rating in a research note on Tuesday, May 7th. Six analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $87.83.

Insider Buying and Selling at Vistra

In related news, Director Lisa Crutchfield purchased 335 shares of the company’s stock in a transaction on Monday, June 10th. The shares were bought at an average cost of $89.46 per share, for a total transaction of $29,969.10. Following the completion of the purchase, the director now directly owns 32,186 shares of the company’s stock, valued at approximately $2,879,359.56. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.42% of the stock is currently owned by insiders.

Vistra Stock Up 6.7 %

Shares of VST stock traded up $4.96 during trading hours on Thursday, reaching $78.91. 8,163,742 shares of the stock were exchanged, compared to its average volume of 6,796,032. The business’s fifty day moving average is $84.72 and its two-hundred day moving average is $72.42. The company has a debt-to-equity ratio of 3.06, a current ratio of 1.08 and a quick ratio of 0.96. Vistra Corp. has a 12-month low of $29.19 and a 12-month high of $107.24. The firm has a market capitalization of $27.42 billion, a P/E ratio of 48.91 and a beta of 1.05.

Vistra (NYSE:VST) last released its earnings results on Thursday, May 9th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.39). Vistra had a return on equity of 24.72% and a net margin of 5.66%. The firm had revenue of $3.05 billion for the quarter, compared to analysts’ expectations of $3.81 billion. As a group, research analysts expect that Vistra Corp. will post 4.86 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 20th will be paid a $0.2195 dividend. This is a positive change from Vistra’s previous quarterly dividend of $0.22. This represents a $0.88 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend is Friday, September 20th. Vistra’s dividend payout ratio is currently 53.37%.

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.