AQR Capital Management LLC Purchases 37,507 Shares of Vistra Corp. $VST

AQR Capital Management LLC grew its position in Vistra Corp. (NYSE:VST - Free Report) by 17.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 256,737 shares of the company's stock after acquiring an additional 37,507 shares during the period. AQR Capital Management LLC owned 0.08% of Vistra worth $29,009,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of VST. HM Payson & Co. increased its holdings in shares of Vistra by 275.4% in the first quarter. HM Payson & Co. now owns 229 shares of the company's stock valued at $27,000 after purchasing an additional 168 shares in the last quarter. Ameriflex Group Inc. acquired a new stake in shares of Vistra in the fourth quarter valued at approximately $32,000. Keener Financial Planning LLC acquired a new stake in shares of Vistra in the first quarter valued at approximately $34,000. WPG Advisers LLC acquired a new stake in shares of Vistra in the first quarter valued at approximately $37,000. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of Vistra in the first quarter valued at approximately $39,000. Institutional investors own 90.88% of the company's stock.

Analysts Set New Price Targets

VST has been the subject of a number of research reports. Melius Research raised shares of Vistra to a "strong-buy" rating in a report on Wednesday, August 20th. The Goldman Sachs Group raised their price target on shares of Vistra from $179.00 to $203.00 and gave the company a "neutral" rating in a report on Wednesday, August 13th. Wall Street Zen lowered shares of Vistra from a "hold" rating to a "sell" rating in a report on Friday. UBS Group lifted their target price on shares of Vistra from $207.00 to $230.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Finally, Raymond James Financial began coverage on shares of Vistra in a report on Friday, June 13th. They set a "strong-buy" rating and a $216.00 target price for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $201.43.

Vistra Trading Down 1.1%

Shares of NYSE VST opened at $187.73 on Monday. The company's fifty day moving average is $195.43 and its 200-day moving average is $159.82. The stock has a market cap of $63.61 billion, a price-to-earnings ratio of 29.94, a P/E/G ratio of 2.94 and a beta of 1.34. Vistra Corp. has a twelve month low of $72.90 and a twelve month high of $216.85. The company has a quick ratio of 0.80, a current ratio of 0.90 and a debt-to-equity ratio of 6.58.

Vistra (NYSE:VST - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $1.01 earnings per share for the quarter, missing analysts' consensus estimates of $1.63 by ($0.62). The firm had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $5.15 billion. Vistra had a return on equity of 108.41% and a net margin of 12.90%. Equities research analysts predict that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 19th will be paid a dividend of $0.226 per share. The ex-dividend date is Friday, September 19th. This represents a $0.90 annualized dividend and a dividend yield of 0.5%. This is a boost from Vistra's previous quarterly dividend of $0.23. Vistra's dividend payout ratio (DPR) is presently 14.35%.

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.

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