Moody Lynn & Lieberson LLC Makes New Investment in Vistra Corp. (NYSE:VST)

Moody Lynn & Lieberson LLC bought a new position in shares of Vistra Corp. (NYSE:VST - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 84,710 shares of the company's stock, valued at approximately $3,263,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VST. International Assets Investment Management LLC lifted its position in Vistra by 32,652.4% during the 4th quarter. International Assets Investment Management LLC now owns 61,247 shares of the company's stock worth $2,359,000 after acquiring an additional 61,060 shares during the period. DAVENPORT & Co LLC lifted its position in Vistra by 12.0% during the 4th quarter. DAVENPORT & Co LLC now owns 8,400 shares of the company's stock worth $324,000 after acquiring an additional 900 shares during the period. Carmel Capital Management L.L.C. lifted its position in Vistra by 2.8% during the 4th quarter. Carmel Capital Management L.L.C. now owns 252,000 shares of the company's stock worth $9,707,000 after acquiring an additional 6,800 shares during the period. Oak Thistle LLC acquired a new stake in Vistra during the 4th quarter worth about $398,000. Finally, Pallas Capital Advisors LLC lifted its position in Vistra by 9.4% during the 4th quarter. Pallas Capital Advisors LLC now owns 168,995 shares of the company's stock worth $6,510,000 after acquiring an additional 14,513 shares during the period. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Vistra Stock Performance

Shares of VST stock traded up $4.79 on Friday, hitting $75.33. The company had a trading volume of 6,004,057 shares, compared to its average volume of 6,178,483. The firm has a market cap of $26.21 billion, a P/E ratio of 21.04, a price-to-earnings-growth ratio of 0.95 and a beta of 1.05. The company has a 50-day moving average price of $55.76 and a 200-day moving average price of $42.68. The company has a quick ratio of 1.11, a current ratio of 1.18 and a debt-to-equity ratio of 4.26. Vistra Corp. has a twelve month low of $22.67 and a twelve month high of $75.89.

Vistra (NYSE:VST - Get Free Report) last issued its quarterly earnings data on Wednesday, February 28th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($1.02). The company had revenue of $3.08 billion during the quarter, compared to analyst estimates of $5.48 billion. Vistra had a net margin of 10.10% and a return on equity of 20.05%. As a group, equities research analysts predict that Vistra Corp. will post 4.28 earnings per share for the current fiscal year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Wednesday, March 20th were paid a dividend of $0.215 per share. This is a positive change from Vistra's previous quarterly dividend of $0.21. This represents a $0.86 annualized dividend and a yield of 1.14%. The ex-dividend date was Tuesday, March 19th. Vistra's payout ratio is 24.02%.

Wall Street Analyst Weigh In

VST has been the subject of a number of research reports. BMO Capital Markets lifted their price target on Vistra from $52.00 to $60.00 and gave the stock an "outperform" rating in a research report on Monday, March 4th. Evercore ISI boosted their price objective on Vistra from $72.00 to $79.00 and gave the company an "outperform" rating in a report on Thursday. Finally, Morgan Stanley reissued an "overweight" rating and issued a $78.00 price objective on shares of Vistra in a report on Monday, March 25th. Four equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $63.50.

Insiders Place Their Bets

In other Vistra news, EVP Stephanie Zapata Moore sold 98,020 shares of the business's stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total transaction of $5,734,170.00. Following the completion of the sale, the executive vice president now directly owns 161,888 shares in the company, valued at approximately $9,470,448. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, EVP Stephanie Zapata Moore sold 98,020 shares of the company's stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total value of $5,734,170.00. Following the completion of the sale, the executive vice president now directly owns 161,888 shares in the company, valued at $9,470,448. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Scott A. Hudson sold 86,517 shares of the company's stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $59.11, for a total value of $5,114,019.87. Following the completion of the sale, the executive vice president now owns 254,932 shares of the company's stock, valued at $15,069,030.52. The disclosure for this sale can be found here. In the last three months, insiders sold 257,285 shares of company stock worth $15,404,397. Corporate insiders own 1.36% of the company's stock.

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.