Vistra Corp. (NYSE:VST) Shares Bought by Electron Capital Partners LLC

Electron Capital Partners LLC grew its holdings in shares of Vistra Corp. (NYSE:VSTFree Report) by 468.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,128,930 shares of the company’s stock after purchasing an additional 1,754,223 shares during the period. Vistra makes up about 3.5% of Electron Capital Partners LLC’s holdings, making the stock its 13th biggest position. Electron Capital Partners LLC owned approximately 0.60% of Vistra worth $82,006,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 3Chopt Investment Partners LLC increased its position in Vistra by 142.2% during the 4th quarter. 3Chopt Investment Partners LLC now owns 54,969 shares of the company’s stock worth $2,117,000 after purchasing an additional 32,276 shares during the period. Comerica Bank increased its position in Vistra by 90.4% during the 3rd quarter. Comerica Bank now owns 327,520 shares of the company’s stock worth $10,867,000 after purchasing an additional 155,533 shares during the period. Ellsworth Advisors LLC acquired a new position in Vistra during the 4th quarter worth approximately $773,000. Janney Montgomery Scott LLC increased its position in Vistra by 4.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 145,812 shares of the company’s stock worth $5,617,000 after purchasing an additional 5,619 shares during the period. Finally, Burns Matteson Capital Management LLC acquired a new stake in shares of Vistra in the 4th quarter worth approximately $831,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insiders Place Their Bets

In other Vistra news, Director Lisa Crutchfield purchased 335 shares of Vistra stock in a transaction on Monday, June 10th. The shares were bought at an average price of $89.46 per share, with a total value of $29,969.10. Following the purchase, the director now directly owns 32,186 shares in the company, valued at approximately $2,879,359.56. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Morgan Stanley upped their price target on Vistra from $86.00 to $110.00 and gave the stock an “overweight” rating in a report on Tuesday, May 28th. Janney Montgomery Scott assumed coverage on Vistra in a report on Thursday, April 18th. They issued a “buy” rating and a $82.00 price target on the stock. UBS Group upped their price target on Vistra from $85.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, May 9th. BMO Capital Markets upped their price target on Vistra from $79.00 to $109.00 and gave the stock an “outperform” rating in a report on Friday, May 10th. Finally, Evercore ISI upped their price target on Vistra from $72.00 to $79.00 and gave the stock an “outperform” rating in a report on Thursday, April 4th. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $87.83.

View Our Latest Analysis on Vistra

Vistra Price Performance

NYSE:VST traded down $0.81 during trading hours on Friday, reaching $87.59. 3,728,443 shares of the company traded hands, compared to its average volume of 7,971,596. The firm’s 50-day moving average is $84.58 and its 200-day moving average is $60.57. The stock has a market cap of $30.43 billion, a P/E ratio of 53.74 and a beta of 1.03. The company has a debt-to-equity ratio of 3.06, a current ratio of 1.08 and a quick ratio of 0.96. Vistra Corp. has a 1-year low of $24.70 and a 1-year high of $107.24.

Vistra (NYSE:VSTGet Free Report) last announced its earnings results on Thursday, May 9th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.39). The company had revenue of $3.05 billion for the quarter, compared to analyst estimates of $3.81 billion. Vistra had a net margin of 5.66% and a return on equity of 24.72%. Equities research analysts expect that Vistra Corp. will post 4.08 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 paid a dividend of $0.218 per share. This represents a $0.87 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Tuesday, June 18th. This is a positive change from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio is currently 52.76%.

Vistra Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for Vistra (NYSE:VST)

Receive News & Ratings for Vistra Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vistra and related companies with MarketBeat.com's FREE daily email newsletter.