25,566 Shares in Vistra Corp. $VST Bought by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC purchased a new stake in Vistra Corp. (NYSE:VST - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 25,566 shares of the company's stock, valued at approximately $4,056,000.

Other large investors also recently bought and sold shares of the company. Equitable Holdings Inc. raised its position in Vistra by 0.9% in the 3rd quarter. Equitable Holdings Inc. now owns 7,045 shares of the company's stock valued at $1,380,000 after purchasing an additional 61 shares during the last quarter. UMB Bank n.a. increased its stake in Vistra by 3.8% in the fourth quarter. UMB Bank n.a. now owns 1,770 shares of the company's stock valued at $286,000 after purchasing an additional 65 shares during the period. Rothschild Investment LLC increased its stake in Vistra by 2.9% in the fourth quarter. Rothschild Investment LLC now owns 2,409 shares of the company's stock valued at $389,000 after purchasing an additional 68 shares during the period. Outlook Wealth Advisors LLC raised its holdings in shares of Vistra by 4.9% in the first quarter. Outlook Wealth Advisors LLC now owns 1,511 shares of the company's stock valued at $227,000 after buying an additional 70 shares during the last quarter. Finally, Principle Wealth Partners LLC raised its holdings in shares of Vistra by 0.5% in the fourth quarter. Principle Wealth Partners LLC now owns 14,462 shares of the company's stock valued at $2,333,000 after buying an additional 73 shares during the last quarter. Institutional investors and hedge funds own 90.88% of the company's stock.

Wall Street Analysts Forecast Growth

VST has been the topic of a number of research reports. The Goldman Sachs Group set a $206.00 price target on Vistra in a report on Wednesday, August 12th. BNP Paribas Exane set a $255.00 price objective on Vistra in a research note on Wednesday, August 19th. Morgan Stanley increased their price objective on Vistra from $212.00 to $227.00 and gave the stock an "overweight" rating in a research report on Friday, August 21st. TD Cowen lowered their target price on Vistra from $222.00 to $221.00 and set a "buy" rating on the stock in a research note on Wednesday, August 19th. Finally, Mizuho assumed coverage on Vistra in a report on Monday, August 24th. They issued an "outperform" rating and a $169.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, Vistra presently has an average rating of "Moderate Buy" and an average target price of $223.53.

Vistra Stock Performance

NYSE VST opened at $137.16 on Friday. The business has a 50 day moving average price of $151.62 and a 200 day moving average price of $155.48. The company has a market capitalization of $46.04 billion, a P/E ratio of 23.17 and a beta of 1.41. Vistra Corp. has a 1-year low of $132.66 and a 1-year high of $219.82. The company has a debt-to-equity ratio of 5.87, a current ratio of 0.97 and a quick ratio of 0.87.

Vistra (NYSE:VST - Get Free Report) last posted its earnings results on Friday, August 7th. The company reported $0.76 EPS for the quarter, missing analysts' consensus estimates of $1.61 by ($0.85). Vistra had a return on equity of 108.68% and a net margin of 11.55%.The firm had revenue of $4.02 billion for the quarter, compared to analysts' expectations of $5.46 billion. Sell-side analysts expect that Vistra Corp. will post 9.21 EPS for the current fiscal year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be given a dividend of $0.23 per share. The ex-dividend date is Monday, September 21st. This is an increase from Vistra's previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a yield of 0.7%. Vistra's dividend payout ratio (DPR) is presently 15.54%.

Insider Buying and Selling at Vistra

In other Vistra news, Director Scott B. Helm sold 25,000 shares of the firm's stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $160.00, for a total transaction of $4,000,000.00. Following the completion of the transaction, the director owned 232,200 shares of the company's stock, valued at approximately $37,152,000. This trade represents a 9.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John R. Sult sold 6,500 shares of the company's stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $170.00, for a total value of $1,105,000.00. Following the completion of the sale, the director owned 70,714 shares in the company, valued at $12,021,380. This represents a 8.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 36,588 shares of company stock worth $5,914,427 over the last ninety days. 0.92% of the stock is currently owned by company insiders.

Vistra Profile

Vistra NYSE: VST is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company's operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra's core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source