SJS Investment Consulting Inc. Has $120,000 Position in Vistra Corp. (NYSE:VST)

SJS Investment Consulting Inc. boosted its position in shares of Vistra Corp. (NYSE:VST) by 619.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 870 shares of the company’s stock after purchasing an additional 749 shares during the quarter. SJS Investment Consulting Inc.’s holdings in Vistra were worth $120,000 at the end of the most recent quarter.

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

Insider Buying and Selling at Vistra

In other Vistra news, Director Scott B. Helm sold 20,000 shares of the business’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the sale, the director now directly owns 343,350 shares of the company’s stock, valued at $47,990,029.50. The trade was a 5.50 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Stephen J. Muscato sold 207,100 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $161.34, for a total value of $33,413,514.00. Following the completion of the transaction, the executive vice president now owns 318,287 shares of the company’s stock, valued at $51,352,424.58. The trade was a 39.42 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 342,100 shares of company stock worth $55,087,314. Corporate insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on VST. BNP Paribas initiated coverage on shares of Vistra in a research report on Monday, October 14th. They set an “outperform” rating and a $231.00 price target for the company. BMO Capital Markets upped their target price on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research report on Wednesday. JPMorgan Chase & Co. started coverage on Vistra in a research note on Thursday, October 17th. They issued an “overweight” rating and a $178.00 price target on the stock. Royal Bank of Canada lifted their price objective on Vistra from $105.00 to $141.00 and gave the stock an “outperform” rating in a research note on Thursday, October 3rd. Finally, Guggenheim increased their target price on Vistra from $133.00 to $177.00 and gave the company a “buy” rating in a research note on Tuesday, October 8th. Ten research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $168.20.

Vistra Stock Down 0.5 %

Shares of Vistra stock opened at $191.01 on Friday. Vistra Corp. has a 1 year low of $39.69 and a 1 year high of $199.84. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The company has a market capitalization of $64.99 billion, a P/E ratio of 35.64, a price-to-earnings-growth ratio of 1.77 and a beta of 1.21. The business has a 50-day moving average of $156.19 and a two-hundred day moving average of $120.07.

Vistra (NYSE:VST) last issued its quarterly earnings data on Thursday, November 7th. The company reported $5.25 EPS 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 net margin of 12.51% and a return on equity of 57.63%. During the same period last year, the business posted $1.25 earnings per share. As a group, equities analysts predict that Vistra Corp. will post 4.48 EPS for the current year.

Vistra announced that its Board of Directors has approved a share repurchase plan on Thursday, November 7th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to buy up to 2.1% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 20th were given a $0.221 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.46%. 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. Vistra’s dividend payout ratio (DPR) is currently 16.60%.

About Vistra

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.