Westover Capital Advisors LLC Invests $2.88 Million in Vistra Corp. (NYSE:VST)

Westover Capital Advisors LLC acquired a new position in Vistra Corp. (NYSE:VST - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 74,698 shares of the company's stock, valued at approximately $2,877,000. Vistra makes up approximately 0.9% of Westover Capital Advisors LLC's portfolio, making the stock its 29th largest position.

Several other hedge funds have also recently made changes to their positions in VST. AE Wealth Management LLC bought a new position in shares of Vistra in the 3rd quarter worth about $268,000. Asset Management One Co. Ltd. increased its position in Vistra by 22.7% in the 3rd quarter. Asset Management One Co. Ltd. now owns 166,025 shares of the company's stock valued at $5,509,000 after buying an additional 30,712 shares in the last quarter. Commonwealth Equity Services LLC increased its position in Vistra by 33.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 27,240 shares of the company's stock valued at $904,000 after buying an additional 6,849 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in Vistra by 45.8% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 70,717 shares of the company's stock valued at $2,346,000 after buying an additional 22,217 shares in the last quarter. Finally, Xponance Inc. increased its position in Vistra by 99.8% in the 3rd quarter. Xponance Inc. now owns 57,862 shares of the company's stock valued at $1,920,000 after buying an additional 28,908 shares in the last quarter. 90.88% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on VST. Evercore ISI boosted their target price on Vistra from $72.00 to $79.00 and gave the company an "outperform" rating in a research report on Thursday, April 4th. Morgan Stanley reiterated an "overweight" rating and set a $78.00 price target on shares of Vistra in a research note on Monday, March 25th. BMO Capital Markets lifted their price target on Vistra from $52.00 to $60.00 and gave the company an "outperform" rating in a research note on Monday, March 4th. Finally, Janney Montgomery Scott assumed coverage on Vistra in a research note on Thursday, April 18th. They set a "buy" rating and a $82.00 price target for the company. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $67.20.

Insider Buying and Selling at Vistra

In other Vistra news, EVP Stephanie Zapata Moore sold 98,020 shares of the business's stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $58.50, for a total transaction of $5,734,170.00. Following the sale, the executive vice president now owns 161,888 shares of the company's stock, valued at approximately $9,470,448. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, EVP Carrie Lee Kirby sold 72,748 shares of the company's stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $62.63, for a total value of $4,556,207.24. Following the transaction, the executive vice president now owns 184,201 shares of the company's stock, valued at $11,536,508.63. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Stephanie Zapata Moore sold 98,020 shares of the company's stock in a transaction 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 transaction, the executive vice president now directly owns 161,888 shares in the company, valued at approximately $9,470,448. The disclosure for this sale can be found here. Insiders have sold 257,285 shares of company stock valued at $15,404,397 in the last 90 days. 1.42% of the stock is currently owned by company insiders.

Vistra Stock Performance

Vistra stock traded up $2.99 during trading on Thursday, hitting $79.85. The stock had a trading volume of 6,809,365 shares, compared to its average volume of 5,098,114. Vistra Corp. has a 1 year low of $22.69 and a 1 year high of $80.81. The company has a quick ratio of 1.11, a current ratio of 1.18 and a debt-to-equity ratio of 4.26. The stock's 50 day moving average is $65.49 and its two-hundred day moving average is $47.49. The stock has a market cap of $27.78 billion, a price-to-earnings ratio of 21.48 and a beta of 1.02.

Vistra (NYSE:VST - Get Free Report) last posted its quarterly earnings data on Wednesday, February 28th. The company reported ($0.48) EPS for the quarter, missing the consensus estimate of $0.54 by ($1.02). Vistra had a net margin of 10.10% and a return on equity of 20.05%. The firm had revenue of $3.08 billion during the quarter, compared to analysts' expectations of $5.48 billion. As a group, analysts predict that Vistra Corp. will post 3.61 EPS for the current year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Wednesday, March 20th were issued a dividend of $0.215 per share. This is a boost from Vistra's previous quarterly dividend of $0.21. The ex-dividend date was Tuesday, March 19th. This represents a $0.86 dividend on an annualized basis and a yield of 1.08%. Vistra's payout ratio is presently 24.02%.

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.