Focus Partners Advisor Solutions LLC Has $466,000 Holdings in Vistra Corp. $VST

Key Points

• Focus Partners Advisor Solutions LLC increased its stake in Vistra Corp. by 77% in the first quarter, bringing its total holdings to approximately $466,000.
• Several institutional investors have also significantly increased their positions in Vistra, contributing to an overall institutional ownership of 90.88% of the company's stock.
• Vistra recently announced an increase in its quarterly dividend to $0.226 per share, reflecting a commitment to returning value to shareholders.

Focus Partners Advisor Solutions LLC boosted its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 77.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,964 shares of the company's stock after buying an additional 1,724 shares during the period. Focus Partners Advisor Solutions LLC's holdings in Vistra were worth $466,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. HM Payson & Co. raised its holdings in Vistra by 275.4% during the 1st quarter. HM Payson & Co. now owns 229 shares of the company's stock worth $27,000 after buying an additional 168 shares during the period. Ameriflex Group Inc. acquired a new position in shares of Vistra in the 4th quarter valued at about $32,000. Keener Financial Planning LLC acquired a new position in shares of Vistra in the 1st quarter valued at about $34,000. WPG Advisers LLC acquired a new position in shares of Vistra in the 1st quarter valued at about $37,000. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Vistra in the 1st quarter valued at about $39,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. BMO Capital Markets upped their target price on Vistra from $191.00 to $229.00 and gave the company an "outperform" rating in a report on Tuesday, August 12th. The Goldman Sachs Group upped their target price on Vistra from $179.00 to $203.00 and gave the company a "neutral" rating in a report on Wednesday, August 13th. Raymond James Financial assumed coverage on Vistra in a report on Friday, June 13th. They issued a "strong-buy" rating and a $216.00 target price on the stock. Jefferies Financial Group upped their target price on Vistra from $145.00 to $241.00 and gave the company a "buy" rating in a report on Friday, August 8th. Finally, Melius Research upgraded Vistra to a "strong-buy" rating in a report on Wednesday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $201.43.

Vistra Trading Down 1.1%

Shares of NYSE VST opened at $187.73 on Friday. The stock has a market cap of $63.61 billion, a price-to-earnings ratio of 29.94, a PEG ratio of 2.96 and a beta of 1.33. The business has a 50 day simple moving average of $195.43 and a 200 day simple moving average of $159.91. Vistra Corp. has a 52 week low of $72.90 and a 52 week high of $216.85. The company has a debt-to-equity ratio of 6.58, a quick ratio of 0.80 and a current ratio of 0.90.

Vistra (NYSE:VST - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $1.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.63 by ($0.62). The company 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%. On average, research analysts predict that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, September 19th will be given a dividend of $0.226 per share. The ex-dividend date of this dividend is Friday, September 19th. This is an increase from Vistra's previous quarterly dividend of $0.23. This represents a $0.90 dividend on an annualized basis and a yield of 0.5%. Vistra's dividend payout ratio (DPR) is currently 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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