Banque Cantonale Vaudoise Makes New $445,000 Investment in Vistra Corp. (NYSE:VST)

Banque Cantonale Vaudoise purchased a new stake in Vistra Corp. (NYSE:VST) during the second quarter, according to its most recent filing with the SEC. The firm purchased 5,170 shares of the company’s stock, valued at approximately $445,000.

Other large investors have also recently made changes to their positions in the company. Atria Investments Inc purchased a new position in Vistra in the first quarter valued at about $1,675,000. 3Chopt Investment Partners LLC grew its position in shares of Vistra by 142.2% in the 4th quarter. 3Chopt Investment Partners LLC now owns 54,969 shares of the company’s stock worth $2,117,000 after buying an additional 32,276 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of Vistra by 4.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 145,812 shares of the company’s stock worth $5,617,000 after buying an additional 5,619 shares during the last quarter. Teachers Retirement System of The State of Kentucky raised its stake in shares of Vistra by 41.2% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 115,600 shares of the company’s stock worth $4,453,000 after acquiring an additional 33,738 shares in the last quarter. Finally, Stephens Inc. AR lifted its position in Vistra by 633.7% during the fourth quarter. Stephens Inc. AR now owns 58,668 shares of the company’s stock valued at $2,260,000 after acquiring an additional 50,672 shares during the last quarter. 90.88% of the stock is owned by institutional investors.

Insider Transactions at Vistra

In other Vistra news, Director Lisa Crutchfield purchased 335 shares of the stock in a transaction on Monday, June 10th. The shares were bought at an average cost of $89.46 per share, with a total value of $29,969.10. Following the completion of the acquisition, the director now owns 32,186 shares in the company, valued at $2,879,359.56. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.42% of the company’s stock.

Wall Street Analysts Forecast Growth

VST has been the topic of several analyst reports. Guggenheim raised shares of Vistra to a “strong-buy” rating in a report on Tuesday, May 7th. BMO Capital Markets upped their target price on Vistra from $79.00 to $109.00 and gave the company an “outperform” rating in a research report on Friday, May 10th. UBS Group raised their price target on Vistra from $85.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, May 9th. Finally, Morgan Stanley boosted their price target on Vistra from $109.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, August 23rd. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Vistra has a consensus rating of “Buy” and a consensus target price of $87.83.

Vistra Stock Performance

Shares of VST stock opened at $85.43 on Monday. The business has a fifty day moving average of $81.90 and a 200 day moving average of $77.38. Vistra Corp. has a 1 year low of $30.36 and a 1 year high of $107.24. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.98 and a quick ratio of 0.88. The firm has a market capitalization of $29.35 billion, a price-to-earnings ratio of 52.41 and a beta of 1.05.

Vistra (NYSE:VST) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.59 by ($0.69). The firm had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $4.04 billion. Vistra had a return on equity of 21.05% and a net margin of 4.61%. During the same quarter in the previous year, the business earned $1.03 earnings per share. As a group, research analysts expect that Vistra Corp. will post 4.86 earnings per share for the current year.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 20th will be issued a $0.2195 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.88 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, September 20th. Vistra’s dividend payout ratio is 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.