Sender Co & Partners Inc. Makes New $1.84 Million Investment in Vistra Corp. $VST

Key Points

• Sender Co & Partners Inc. has made a new investment in Vistra Corp., acquiring 15,636 shares valued at approximately $1.84 million, which constitutes about 1.0% of its portfolio.
• Vistra Corp. is experiencing a 1.1% decline in its stock price, with a current market capitalization of $63.61 billion and a price-to-earnings ratio of 29.94.
• The company recently announced an increase in its quarterly dividend to $0.226 per share, which represents a 0.5% annualized dividend yield and reflects a dividend payout ratio of 14.35%.

Sender Co & Partners Inc. bought a new position in shares of Vistra Corp. (NYSE:VST - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,636 shares of the company's stock, valued at approximately $1,836,000. Vistra comprises about 1.0% of Sender Co & Partners Inc.'s portfolio, making the stock its 27th biggest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VST. Baird Financial Group Inc. increased its stake in Vistra by 10.1% during the fourth quarter. Baird Financial Group Inc. now owns 14,068 shares of the company's stock worth $1,940,000 after acquiring an additional 1,288 shares during the last quarter. Cetera Investment Advisers increased its stake in Vistra by 29.2% during the fourth quarter. Cetera Investment Advisers now owns 126,403 shares of the company's stock worth $17,427,000 after acquiring an additional 28,592 shares during the last quarter. CoreCap Advisors LLC increased its stake in Vistra by 487.9% during the fourth quarter. CoreCap Advisors LLC now owns 3,645 shares of the company's stock worth $503,000 after acquiring an additional 3,025 shares during the last quarter. EP Wealth Advisors LLC increased its stake in Vistra by 1.6% during the fourth quarter. EP Wealth Advisors LLC now owns 7,980 shares of the company's stock worth $1,100,000 after acquiring an additional 125 shares during the last quarter. Finally, Ensign Peak Advisors Inc grew its stake in shares of Vistra by 0.9% in the fourth quarter. Ensign Peak Advisors Inc now owns 734,498 shares of the company's stock valued at $101,265,000 after buying an additional 6,409 shares in the last quarter. Institutional investors and hedge funds own 90.88% of the company's stock.

Vistra Stock Down 1.1%

Shares of NYSE VST opened at $187.73 on Friday. The company has a market capitalization of $63.61 billion, a price-to-earnings ratio of 29.94, a price-to-earnings-growth ratio of 2.94 and a beta of 1.33. The company has a debt-to-equity ratio of 6.58, a current ratio of 0.90 and a quick ratio of 0.80. The business has a 50-day moving average of $195.43 and a two-hundred day moving average of $159.84. Vistra Corp. has a 1 year low of $72.90 and a 1 year high of $216.85.

Vistra (NYSE:VST - Get Free Report) last announced its quarterly 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 business had revenue of $4.25 billion for the quarter, compared to analysts' expectations of $5.15 billion. Vistra had a return on equity of 108.41% and a net margin of 12.90%. On average, analysts forecast that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Vistra Increases Dividend

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on VST shares. BMO Capital Markets lifted their price objective on Vistra from $191.00 to $229.00 and gave the company an "outperform" rating in a research note on Tuesday, August 12th. Melius Research raised Vistra to a "strong-buy" rating in a research note on Wednesday, August 20th. UBS Group lifted 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. Wall Street Zen cut Vistra from a "hold" rating to a "sell" rating in a research note on Friday. Finally, The Goldman Sachs Group lifted their price objective on Vistra from $179.00 to $203.00 and gave the company a "neutral" rating in a research note on Wednesday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, Vistra has an average rating of "Moderate Buy" and an average target price of $201.43.

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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