Kirr Marbach & Co. LLC IN Sells 10,399 Shares of Vistra Corp. (NYSE:VST)

Kirr Marbach & Co. LLC IN lessened its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 3.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 300,710 shares of the company's stock after selling 10,399 shares during the quarter. Vistra makes up 5.1% of Kirr Marbach & Co. LLC IN's holdings, making the stock its 4th biggest holding. Kirr Marbach & Co. LLC IN owned approximately 0.09% of Vistra worth $20,944,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Cigna Investments Inc. New bought a new stake in Vistra during the 1st quarter worth $262,000. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Vistra by 199.1% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 88,921 shares of the company's stock valued at $6,193,000 after purchasing an additional 59,195 shares in the last quarter. Confluence Wealth Services Inc. acquired a new position in shares of Vistra in the first quarter valued at approximately $202,000. Harbour Trust & Investment Management Co acquired a new position in shares of Vistra in the first quarter valued at approximately $265,000. Finally, Carmel Capital Management L.L.C. raised its holdings in Vistra by 7.1% in the 1st quarter. Carmel Capital Management L.L.C. now owns 269,955 shares of the company's stock valued at $18,802,000 after buying an additional 17,955 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on VST shares. Evercore ISI upped their price target on shares of Vistra from $72.00 to $79.00 and gave the company an "outperform" rating in a research report on Thursday, April 4th. Morgan Stanley restated an "overweight" rating and issued a $78.00 price objective on shares of Vistra in a report on Monday, March 25th. Janney Montgomery Scott started coverage on Vistra in a report on Thursday, April 18th. They set a "buy" rating and a $82.00 target price on the stock. Finally, BMO Capital Markets increased 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. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Vistra presently has an average rating of "Buy" and an average price target of $67.20.

Vistra Trading Up 2.0 %

VST stock traded up $1.62 during midday trading on Friday, hitting $81.49. The stock had a trading volume of 5,588,512 shares, compared to its average volume of 5,651,998. The company has a current ratio of 1.18, a quick ratio of 1.11 and a debt-to-equity ratio of 4.26. The firm has a market cap of $28.35 billion, a P/E ratio of 22.76 and a beta of 1.02. The business has a fifty day moving average price of $66.79 and a two-hundred day moving average price of $48.17. Vistra Corp. has a 1-year low of $22.69 and a 1-year high of $83.03.

Vistra (NYSE:VST - Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by ($1.02). Vistra had a net margin of 10.10% and a return on equity of 20.05%. The business had revenue of $3.08 billion during the quarter, compared to analyst estimates of $5.48 billion. On average, sell-side analysts predict that Vistra Corp. will post 3.61 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Wednesday, June 19th will be issued a dividend of $0.218 per share. This represents a $0.87 dividend on an annualized basis and a dividend yield of 1.07%. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Tuesday, June 18th. Vistra's dividend payout ratio is presently 24.02%.

Insider Transactions at Vistra

In related news, EVP Carrie Lee Kirby sold 72,748 shares of the business's stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $62.63, for a total transaction of $4,556,207.24. Following the transaction, the executive vice president now owns 184,201 shares in the company, valued at approximately $11,536,508.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, EVP Carrie Lee Kirby sold 72,748 shares of the firm's stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $62.63, for a total value of $4,556,207.24. Following the completion of the sale, the executive vice president now directly owns 184,201 shares in the company, valued at approximately $11,536,508.63. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, 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 transaction, the executive vice president now directly owns 161,888 shares in the company, valued at $9,470,448. The disclosure for this sale can be found here. Insiders sold a total of 257,285 shares of company stock valued at $15,404,397 in the last quarter. 1.42% of the stock is currently owned by company insiders.

About Vistra

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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