Roberts Capital Advisors LLC Invests $535,000 in Vistra Corp. (NYSE:VST)

Key Points

• Roberts Capital Advisors LLC has invested approximately $535,000 in Vistra Corp., acquiring 4,555 shares in the first quarter.
• Multiple large investors, including RR Advisors and American Century Companies, have also increased their stakes in Vistra during the same period, with institutional investors owning 90.88% of the company's stock.
• Analysts have raised their price targets for Vistra Corp., with BMO Capital Markets setting a new target of $229.00, reflecting strong market confidence in the company’s performance.

Roberts Capital Advisors LLC bought a new position in shares of Vistra Corp. (NYSE:VST - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,555 shares of the company's stock, valued at approximately $535,000.

A number of other large investors have also modified their holdings of VST. RR Advisors LLC purchased a new position in Vistra in the 1st quarter valued at approximately $1,409,000. Oak Grove Capital LLC increased its stake in Vistra by 0.5% in the 1st quarter. Oak Grove Capital LLC now owns 19,760 shares of the company's stock valued at $2,321,000 after purchasing an additional 90 shares in the last quarter. American Century Companies Inc. increased its stake in Vistra by 1.5% in the 1st quarter. American Century Companies Inc. now owns 1,327,653 shares of the company's stock valued at $155,920,000 after purchasing an additional 19,679 shares in the last quarter. Aberdeen Group plc increased its stake in Vistra by 2.2% in the 1st quarter. Aberdeen Group plc now owns 117,283 shares of the company's stock valued at $13,563,000 after purchasing an additional 2,484 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Vistra by 0.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,190,462 shares of the company's stock valued at $492,102,000 after purchasing an additional 11,386 shares in the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Vistra

In related news, Director John R. Sult sold 25,000 shares of Vistra stock in a transaction on Friday, June 6th. The stock was sold at an average price of $171.67, for a total value of $4,291,750.00. Following the transaction, the director owned 75,946 shares in the company, valued at approximately $13,037,649.82. This trade represents a 24.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Scott A. Hudson sold 56,000 shares of Vistra stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $157.00, for a total value of $8,792,000.00. Following the completion of the transaction, the executive vice president owned 306,600 shares in the company, valued at $48,136,200. The trade was a 15.44% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 294,000 shares of company stock valued at $47,461,490. 1.42% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on VST. BMO Capital Markets raised their price objective on Vistra from $191.00 to $229.00 and gave the company an "outperform" rating in a research note on Tuesday. UBS Group raised their price objective on Vistra from $207.00 to $230.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Jefferies Financial Group raised their price objective on Vistra from $145.00 to $241.00 and gave the company a "buy" rating in a research note on Friday, August 8th. The Goldman Sachs Group increased their target price on Vistra from $179.00 to $203.00 and gave the company a "neutral" rating in a report on Wednesday. Finally, Morgan Stanley increased their target price on Vistra from $178.00 to $186.00 and gave the company an "overweight" rating in a report on Wednesday, June 18th. Three analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $192.62.

Vistra Price Performance

VST stock opened at $197.19 on Friday. Vistra Corp. has a 52-week low of $72.90 and a 52-week high of $216.85. The stock's fifty day simple moving average is $191.90 and its 200-day simple moving average is $157.46. The company has a quick ratio of 0.77, a current ratio of 0.90 and a debt-to-equity ratio of 6.58. The stock has a market capitalization of $66.81 billion, a price-to-earnings ratio of 31.45, a price-to-earnings-growth ratio of 2.33 and a beta of 1.30.

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

Vistra Increases Dividend

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

About Vistra

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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