Gotham Asset Management LLC Has $10.47 Million Stock Holdings in Vistra Corp. $VST

Gotham Asset Management LLC raised its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 39.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 89,123 shares of the company's stock after purchasing an additional 25,419 shares during the period. Gotham Asset Management LLC's holdings in Vistra were worth $10,467,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Banque Transatlantique SA grew its holdings in Vistra by 132.0% during the first quarter. Banque Transatlantique SA now owns 232 shares of the company's stock valued at $25,000 after purchasing an additional 132 shares during the last quarter. HM Payson & Co. boosted its position 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 acquiring an additional 168 shares during the period. Ameriflex Group Inc. bought a new stake in shares of Vistra in the fourth quarter valued at approximately $32,000. Keener Financial Planning LLC bought a new stake in shares of Vistra in the first quarter valued at approximately $34,000. Finally, WPG Advisers LLC bought a new stake in shares of Vistra in the first quarter valued at approximately $37,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on VST shares. Morgan Stanley set a $207.00 price objective on Vistra and gave the company an "overweight" rating in a research report on Thursday, August 21st. Raymond James Financial started coverage on Vistra in a research report on Friday, June 13th. They issued a "strong-buy" rating and a $216.00 price objective for the company. Evercore ISI set a $192.00 price objective on Vistra and gave the company an "outperform" rating in a research report on Thursday, May 15th. BMO Capital Markets increased their price objective on Vistra from $191.00 to $229.00 and gave the company an "outperform" rating in a research report on Tuesday, August 12th. Finally, Melius started coverage on Vistra in a research report on Wednesday, August 20th. They issued a "buy" rating and a $295.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $201.43.

Vistra Price Performance

Shares of NYSE VST traded down $4.54 during midday trading on Thursday, reaching $204.67. 4,397,304 shares of the company traded hands, compared to its average volume of 6,866,305. The firm has a market cap of $69.35 billion, a PE ratio of 32.64, a PEG ratio of 3.03 and a beta of 1.33. The stock's 50-day simple moving average is $195.92 and its 200-day simple moving average is $160.65. Vistra Corp. has a 12 month low of $79.03 and a 12 month 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 issued its quarterly earnings data 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 net margin of 12.90% and a return on equity of 108.41%. As a group, equities analysts anticipate that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, September 19th will be issued a dividend of $0.226 per share. The ex-dividend date of this dividend is Friday, September 19th. This is a boost from Vistra's previous quarterly dividend of $0.23. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.4%. Vistra's dividend payout ratio (DPR) is 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.