Oak Thistle LLC Has $231,000 Stock Position in Vistra Corp. (NYSE:VST)

Oak Thistle LLC cut its holdings in Vistra Corp. (NYSE:VST) by 68.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,312 shares of the company’s stock after selling 7,030 shares during the period. Oak Thistle LLC’s holdings in Vistra were worth $231,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in Vistra by 5.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,146,598 shares of the company’s stock worth $236,779,000 after acquiring an additional 300,355 shares in the last quarter. Pacer Advisors Inc. raised its holdings in shares of Vistra by 19,070.8% in the 4th quarter. Pacer Advisors Inc. now owns 5,566,621 shares of the company’s stock valued at $214,426,000 after purchasing an additional 5,537,584 shares during the period. Franklin Resources Inc. lifted its stake in Vistra by 6.2% in the 4th quarter. Franklin Resources Inc. now owns 4,797,515 shares of the company’s stock valued at $184,800,000 after purchasing an additional 282,056 shares during the last quarter. Third Point LLC grew its holdings in Vistra by 27.6% during the fourth quarter. Third Point LLC now owns 4,600,000 shares of the company’s stock worth $177,192,000 after purchasing an additional 995,748 shares during the period. Finally, Clearbridge Investments LLC increased its position in Vistra by 2.4% during the fourth quarter. Clearbridge Investments LLC now owns 4,244,963 shares of the company’s stock worth $163,516,000 after buying an additional 99,055 shares during the last quarter. Institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling at Vistra

In other news, Director Lisa Crutchfield purchased 335 shares of the business’s stock in a transaction dated Monday, June 10th. The stock was bought at an average price of $89.46 per share, with a total value of $29,969.10. Following the acquisition, the director now owns 32,186 shares in the company, valued at approximately $2,879,359.56. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.42% of the company’s stock.

Vistra Trading Up 1.6 %

Shares of VST stock opened at $87.34 on Tuesday. The stock has a market cap of $30.35 billion, a P/E ratio of 53.58 and a beta of 1.05. Vistra Corp. has a 1 year low of $25.88 and a 1 year high of $107.24. The company has a current ratio of 1.08, a quick ratio of 0.96 and a debt-to-equity ratio of 3.06. The stock has a 50 day simple moving average of $88.57 and a 200 day simple moving average of $64.64.

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). The company had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $3.81 billion. Vistra had a net margin of 5.66% and a return on equity of 24.72%. On average, research analysts predict that Vistra Corp. will post 3.95 earnings per share for the current fiscal year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Wednesday, June 19th were paid a dividend of $0.218 per share. This represents a $0.87 dividend on an annualized basis and a yield of 1.00%. This is an increase from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date was Tuesday, June 18th. Vistra’s dividend payout ratio is presently 53.37%.

Wall Street Analyst Weigh In

VST has been the topic of several research reports. Guggenheim upgraded shares of Vistra to a “strong-buy” rating in a report on Tuesday, May 7th. UBS Group upped their target price on Vistra from $85.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, May 9th. Janney Montgomery Scott started coverage on Vistra in a report on Thursday, April 18th. They set a “buy” rating and a $82.00 price target for the company. BMO Capital Markets boosted their price target on Vistra from $79.00 to $109.00 and gave the company an “outperform” rating in a research note on Friday, May 10th. Finally, Evercore ISI increased their price objective on Vistra from $72.00 to $79.00 and gave the stock an “outperform” rating in a research report on Thursday, April 4th. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $87.83.

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.