2,325 Shares in Vistra Corp. $VST Acquired by Valley Brook Capital Group Inc.

Key Points

• Valley Brook Capital Group Inc. has invested approximately $273,000 in 2,325 shares of Vistra Corp. in the first quarter of the year.
• Insiders at Vistra have sold a total of 294,000 shares in recent months, valuing around $47.5 million, indicating potential shifts in confidence among top executives.
• BMO Capital Markets raised their target price for Vistra from $191.00 to $229.00, with multiple analysts rating the stock as a "Moderate Buy" with an average target price of $192.62.

Valley Brook Capital Group Inc. purchased a new position in shares of Vistra Corp. (NYSE:VST - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,325 shares of the company's stock, valued at approximately $273,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Amalgamated Bank raised its stake in shares of Vistra by 1.9% during the first quarter. Amalgamated Bank now owns 73,908 shares of the company's stock valued at $8,680,000 after purchasing an additional 1,387 shares during the period. Kingswood Wealth Advisors LLC purchased a new position in shares of Vistra in the first quarter valued at $341,000. Dynamic Advisor Solutions LLC acquired a new stake in Vistra during the 1st quarter valued at $432,000. Envestnet Asset Management Inc. grew its holdings in Vistra by 29.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 255,629 shares of the company's stock valued at $30,021,000 after purchasing an additional 57,551 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC increased its stake in Vistra by 12.9% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 1,955 shares of the company's stock worth $230,000 after buying an additional 224 shares during the period. Hedge funds and other institutional investors own 90.88% of the company's stock.

Vistra Stock Performance

VST traded down $5.6390 during trading hours on Tuesday, hitting $193.3210. 3,353,058 shares of the stock were exchanged, compared to its average volume of 4,959,081. The stock has a market cap of $65.50 billion, a price-to-earnings ratio of 30.83, a price-to-earnings-growth ratio of 2.29 and a beta of 1.30. The stock has a 50-day simple moving average of $193.06 and a 200-day simple moving average of $157.80. The company has a debt-to-equity ratio of 6.58, a current ratio of 0.90 and a quick ratio of 0.80. Vistra Corp. has a 12 month low of $72.90 and a 12 month high of $216.85.

Vistra (NYSE:VST - Get Free Report) last posted 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). Vistra had a return on equity of 108.41% and a net margin of 12.90%.The business had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $5.15 billion. Analysts anticipate that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

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

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Jefferies Financial Group upped their price objective on shares of Vistra from $145.00 to $241.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Evercore ISI set a $192.00 price target on Vistra and gave the stock an "outperform" rating in a research note on Thursday, May 15th. Morgan Stanley raised their price objective on Vistra from $178.00 to $186.00 and gave the company an "overweight" rating in a research note on Wednesday, June 18th. BMO Capital Markets lifted their price objective on Vistra from $191.00 to $229.00 and gave the stock an "outperform" rating in a report on Tuesday, August 12th. Finally, Raymond James Financial assumed coverage on Vistra in a research report on Friday, June 13th. They issued a "strong-buy" rating and a $216.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $192.62.

Insider Buying and Selling

In other Vistra news, Director Scott B. Helm sold 50,000 shares of the firm's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $172.75, for a total value of $8,637,500.00. Following the sale, the director directly owned 255,192 shares in the company, valued at approximately $44,084,418. This trade represents a 16.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John R. Sult sold 25,000 shares of the business's stock in a transaction on Friday, June 6th. The shares were sold at an average price of $171.67, for a total transaction of $4,291,750.00. Following the transaction, the director directly owned 75,946 shares of the company's stock, valued at approximately $13,037,649.82. This trade represents a 24.77% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 110,000 shares of company stock valued at $18,579,650. Insiders own 1.42% of the company's stock.

Vistra 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.