Yeomans Consulting Group Inc. Sells 1,252 Shares of Vistra Corp. (NYSE:VST)

Yeomans Consulting Group Inc. reduced its holdings in shares of Vistra Corp. (NYSE:VST) by 28.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,184 shares of the company’s stock after selling 1,252 shares during the quarter. Yeomans Consulting Group Inc.’s holdings in Vistra were worth $439,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Avior Wealth Management LLC increased its stake in shares of Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock worth $25,000 after purchasing an additional 65 shares during the last quarter. Founders Capital Management bought a new position in Vistra during the fourth quarter valued at $28,000. West Branch Capital LLC purchased a new stake in Vistra in the fourth quarter worth $28,000. Mark Sheptoff Financial Planning LLC bought a new stake in shares of Vistra in the third quarter valued at $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Vistra during the 3rd quarter valued at $30,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Scott A. Hudson sold 115,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $164.16, for a total transaction of $18,878,400.00. Following the transaction, the executive vice president now directly owns 254,932 shares of the company’s stock, valued at approximately $41,849,637.12. This trade represents a 31.09 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Scott B. Helm sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total value of $2,795,400.00. Following the completion of the sale, the director now directly owns 343,350 shares of the company’s stock, valued at approximately $47,990,029.50. This represents a 5.50 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 342,100 shares of company stock valued at $55,087,314 in the last quarter. Corporate insiders own 1.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on VST shares. JPMorgan Chase & Co. began coverage on Vistra in a report on Thursday, October 17th. They issued an “overweight” rating and a $178.00 price objective for the company. Royal Bank of Canada boosted their price target on shares of Vistra from $105.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, October 3rd. BMO Capital Markets upped their price target on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research note on Wednesday. Morgan Stanley lifted their price objective on shares of Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. Finally, BNP Paribas started coverage on Vistra in a research report on Monday, October 14th. They set an “outperform” rating and a $231.00 target price on the stock. Ten analysts have rated the stock with a buy rating, According to MarketBeat.com, Vistra has an average rating of “Buy” and a consensus target price of $168.20.

Vistra Trading Up 2.6 %

Vistra stock opened at $191.70 on Friday. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. Vistra Corp. has a fifty-two week low of $39.13 and a fifty-two week high of $199.84. The stock has a market cap of $65.22 billion, a P/E ratio of 35.76, a PEG ratio of 1.77 and a beta of 1.21. The firm’s fifty day moving average price is $155.22 and its 200-day moving average price is $119.39.

Vistra (NYSE:VST) last announced its earnings results on Thursday, November 7th. The company reported $5.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $4.01. The business had revenue of $6.29 billion for the quarter, compared to analyst estimates of $4.96 billion. Vistra had a return on equity of 57.63% and a net margin of 12.51%. During the same period in the prior year, the company earned $1.25 EPS. Equities research analysts forecast that Vistra Corp. will post 4.48 earnings per share for the current fiscal year.

Vistra announced that its Board of Directors has authorized a share buyback program on Thursday, November 7th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to purchase up to 2.1% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 20th were given a dividend of $0.221 per share. The ex-dividend date of this dividend was Friday, December 20th. 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 0.46%. Vistra’s payout ratio is presently 16.60%.

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.