Fortress Investment Group LLC Acquires Shares of 20,000 Vistra Corp. $VST

Key Points

• Fortress Investment Group added a new 20,000‑share stake in Vistra (NYSE:VST) during Q3, worth about $3.918 million, as part of the 90.88% institutional ownership of the company.
• EVP Stephanie Zapata Moore sold 10,000 shares on March 9 at an average price of $160.31 for roughly $1.603M, cutting her stake by 8.04%; insiders now own 1.42% of Vistra.
• Vistra (market cap ≈ $53.9B) missed Q results (EPS $2.18 vs. $2.45 expected) and revenue estimates, but raised its quarterly dividend to $0.228 (0.6% yield) and carries a consensus "Buy" from analysts with an average price target of $236.40.

Fortress Investment Group LLC acquired a new stake in Vistra Corp. (NYSE:VST - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,000 shares of the company's stock, valued at approximately $3,918,000.

A number of other hedge funds also recently modified their holdings of the stock. Salomon & Ludwin LLC bought a new position in Vistra in the 3rd quarter valued at about $25,000. Quent Capital LLC acquired a new position in shares of Vistra in the third quarter valued at approximately $25,000. Archer Investment Corp increased its stake in shares of Vistra by 2,700.0% during the third quarter. Archer Investment Corp now owns 140 shares of the company's stock worth $27,000 after purchasing an additional 135 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in Vistra during the 2nd quarter worth approximately $28,000. Finally, Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Vistra during the 3rd quarter worth approximately $28,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Insider Transactions at Vistra

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the sale, the executive vice president directly owned 114,409 shares in the company, valued at $18,340,906.79. This represents a 8.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.42% of the stock is owned by insiders.

Vistra Price Performance

Vistra stock opened at $159.09 on Monday. The firm has a market cap of $53.90 billion, a PE ratio of 73.31, a price-to-earnings-growth ratio of 0.96 and a beta of 1.42. The company has a debt-to-equity ratio of 6.01, a current ratio of 0.78 and a quick ratio of 0.69. The stock's fifty day moving average price is $163.48 and its two-hundred day moving average price is $178.23. Vistra Corp. has a one year low of $90.51 and a one year high of $219.82.

Vistra (NYSE:VST - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported $2.18 earnings per share for the quarter, missing analysts' consensus estimates of $2.45 by ($0.27). The company had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $5.75 billion. Vistra had a net margin of 5.32% and a return on equity of 81.09%. As a group, research analysts expect that Vistra Corp. will post 7 EPS for the current fiscal year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 20th will be given a dividend of $0.228 per share. This is a positive change from Vistra's previous quarterly dividend of $0.23. This represents a $0.91 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, March 20th. Vistra's dividend payout ratio (DPR) is currently 41.94%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. KeyCorp initiated coverage on Vistra in a report on Monday, November 24th. They issued an "overweight" rating and a $217.00 price objective on the stock. Scotiabank lifted their target price on Vistra from $287.00 to $293.00 and gave the stock an "outperform" rating in a report on Monday, January 12th. Morgan Stanley reissued an "overweight" rating and issued a $215.00 target price on shares of Vistra in a research report on Friday, February 20th. The Goldman Sachs Group upgraded shares of Vistra from a "neutral" rating to a "buy" rating and set a $205.00 price target on the stock in a research note on Friday, February 6th. Finally, Wells Fargo & Company lowered their price target on shares of Vistra from $236.00 to $234.00 and set an "overweight" rating on the stock in a research report on Friday, February 27th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $236.40.

Vistra Company 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.

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