Qsemble Capital Management LP Has $3.10 Million Stake in Vistra Corp. (NYSE:VST)

Qsemble Capital Management LP boosted its stake in Vistra Corp. (NYSE:VSTFree Report) by 40.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,073 shares of the company’s stock after purchasing an additional 10,444 shares during the period. Qsemble Capital Management LP’s holdings in Vistra were worth $3,102,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. American Century Companies Inc. increased its holdings in Vistra by 106.4% in the second quarter. American Century Companies Inc. now owns 1,384,629 shares of the company’s stock valued at $119,050,000 after purchasing an additional 713,705 shares during the period. Sentry Investment Management LLC bought a new stake in Vistra during the second quarter valued at $56,000. AGF Management Ltd. boosted its position in Vistra by 1,041.6% during the second quarter. AGF Management Ltd. now owns 534,057 shares of the company’s stock valued at $45,918,000 after acquiring an additional 487,277 shares during the last quarter. SIR Capital Management L.P. bought a new stake in Vistra during the second quarter valued at $10,929,000. Finally, Daiwa Securities Group Inc. boosted its position in Vistra by 134.3% during the second quarter. Daiwa Securities Group Inc. now owns 52,390 shares of the company’s stock valued at $4,504,000 after acquiring an additional 30,033 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra Price Performance

VST stock opened at $80.06 on Thursday. The stock has a market capitalization of $27.51 billion, a PE ratio of 49.12 and a beta of 1.08. The company’s 50-day moving average is $80.20 and its 200-day moving average is $78.89. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.98 and a quick ratio of 0.88. Vistra Corp. has a 1 year low of $31.16 and a 1 year high of $107.24.

Vistra (NYSE:VSTGet Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.69). The company had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $4.04 billion. Vistra had a return on equity of 21.05% and a net margin of 4.61%. During the same period last year, the company earned $1.03 EPS. Equities research analysts expect that Vistra Corp. will post 4.86 EPS for the current fiscal year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 20th will be issued a $0.2195 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend is Friday, September 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio is currently 53.37%.

Analysts Set New Price Targets

Separately, Morgan Stanley upped their price target on shares of Vistra from $109.00 to $110.00 and gave the company an “overweight” rating in a research report on Friday, August 23rd. Six equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Vistra has an average rating of “Buy” and a consensus target price of $87.83.

Check Out Our Latest Report on VST

Vistra Company 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.

Recommended 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.