U.S. Capital Wealth Advisors LLC Has $500,000 Stake in Vistra Corp. $VST

Key Points

• U.S. Capital Wealth Advisors LLC significantly reduced its stake in Vistra Corp. by 92.4%, now holding 2,578 shares valued at $500,000.
• Vistra Corp. announced a dividend increase to $0.226, with the ex-dividend date set for September 19th, representing an annualized yield of 0.4%.
• The company reported $1.01 earnings per share for the last quarter, missing analysts' expectations, with revenue of $4.25 billion against an estimate of $5.15 billion.

U.S. Capital Wealth Advisors LLC reduced its holdings in Vistra Corp. (NYSE:VST - Free Report) by 92.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,578 shares of the company's stock after selling 31,553 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in Vistra were worth $500,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. HM Payson & Co. increased its position in shares of Vistra by 275.4% during the 1st quarter. HM Payson & Co. now owns 229 shares of the company's stock worth $27,000 after purchasing an additional 168 shares during the last quarter. Ameriflex Group Inc. bought a new position in shares of Vistra in the fourth quarter valued at $32,000. Banque Transatlantique SA increased its holdings in Vistra by 132.0% during the first quarter. Banque Transatlantique SA now owns 232 shares of the company's stock worth $25,000 after buying an additional 132 shares during the last quarter. Keener Financial Planning LLC acquired a new position in Vistra during the first quarter worth $34,000. Finally, WPG Advisers LLC bought a new stake in Vistra during the first quarter worth $37,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra Stock Up 0.0%

NYSE VST opened at $202.12 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.80 and a debt-to-equity ratio of 6.58. The company has a market cap of $68.48 billion, a price-to-earnings ratio of 32.24, a PEG ratio of 3.16 and a beta of 1.33. The company has a 50 day moving average of $199.60 and a 200-day moving average of $166.77. Vistra Corp. has a 1-year low of $90.51 and a 1-year high of $219.82.

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

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, September 19th will be issued a $0.226 dividend. This is a boost from Vistra's previous quarterly dividend of $0.23. The ex-dividend date is Friday, September 19th. This represents a $0.90 dividend on an annualized basis and a yield of 0.4%. Vistra's dividend payout ratio (DPR) is 14.35%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Daiwa America raised shares of Vistra from a "hold" rating to a "strong-buy" rating in a report on Wednesday, September 17th. Scotiabank assumed coverage on shares of Vistra in a report on Monday. They issued a "sector outperform" rating and a $256.00 price objective on the stock. The Goldman Sachs Group raised their target price on shares of Vistra from $179.00 to $203.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 13th. Wall Street Zen lowered shares of Vistra from a "hold" rating to a "sell" rating in a research note on Friday, September 5th. Finally, Daiwa Capital Markets upgraded shares of Vistra from a "neutral" rating to a "buy" rating and set a $250.00 price objective for the company in a research report on Wednesday, September 17th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $218.20.

Insider Activity

In other Vistra news, CEO James A. Burke sold 43,074 shares of Vistra stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $208.75, for a total transaction of $8,991,697.50. Following the transaction, the chief executive officer directly owned 217,025 shares of the company's stock, valued at approximately $45,303,968.75. The trade was a 16.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 233,569 shares of company stock worth $48,915,316 over the last ninety days. 1.42% of the stock is currently owned by company insiders.

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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