Vanguard Personalized Indexing Management LLC Has $3.66 Million Stake in Vistra Corp. (NYSE:VST)

Vanguard Personalized Indexing Management LLC lifted its position in shares of Vistra Corp. (NYSE:VST) by 9.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,527 shares of the company’s stock after buying an additional 3,747 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Vistra were worth $3,656,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Mather Group LLC. acquired a new stake in Vistra during the 1st quarter worth about $26,000. Redwood Wealth Management Group LLC bought a new stake in shares of Vistra during the 2nd quarter valued at about $26,000. New Covenant Trust Company N.A. acquired a new stake in Vistra during the first quarter worth approximately $32,000. EdgeRock Capital LLC acquired a new stake in Vistra during the second quarter worth approximately $34,000. Finally, Riverview Trust Co bought a new stake in Vistra in the first quarter worth approximately $39,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra Trading Up 1.7 %

VST opened at $92.71 on Friday. Vistra Corp. has a fifty-two week low of $31.16 and a fifty-two week high of $107.24. The firm has a market capitalization of $31.85 billion, a PE ratio of 56.88 and a beta of 1.08. 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 company’s 50-day moving average is $79.80 and its 200 day moving average is $80.12.

Vistra (NYSE:VST) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.90 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.69). Vistra had a return on equity of 21.05% and a net margin of 4.61%. The company had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $4.04 billion. During the same period last year, the company earned $1.03 earnings per share. As a group, research analysts predict that Vistra Corp. will post 4.52 earnings per share for the current fiscal year.

Vistra Increases Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Friday, September 20th. This represents a $0.88 annualized dividend and a dividend yield of 0.95%. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio is currently 53.37%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on VST shares. Morgan Stanley increased their price target on Vistra from $109.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, August 23rd. Jefferies Financial Group started coverage on shares of Vistra in a research note on Friday, September 13th. They set a “buy” rating and a $99.00 target price on the stock. Seven analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $89.43.

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.