First American Bank Buys New Holdings in Vistra Corp. (NYSE:VST)

First American Bank bought a new stake in shares of Vistra Corp. (NYSE:VSTFree Report) in the 3rd quarter, Holdings Channel.com reports. The firm bought 15,068 shares of the company’s stock, valued at approximately $1,786,000.

Several other institutional investors also recently bought and sold shares of VST. Simplicity Wealth LLC raised its position in Vistra by 3.0% during the 2nd quarter. Simplicity Wealth LLC now owns 3,883 shares of the company’s stock valued at $334,000 after purchasing an additional 112 shares during the last quarter. New Century Financial Group LLC raised its position in Vistra by 4.4% during the 3rd quarter. New Century Financial Group LLC now owns 2,666 shares of the company’s stock valued at $316,000 after purchasing an additional 112 shares during the last quarter. Massmutual Trust Co. FSB ADV raised its position in Vistra by 38.6% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 557 shares of the company’s stock valued at $48,000 after purchasing an additional 155 shares during the last quarter. Apella Capital LLC raised its position in Vistra by 4.9% during the 3rd quarter. Apella Capital LLC now owns 3,542 shares of the company’s stock valued at $444,000 after purchasing an additional 164 shares during the last quarter. Finally, V Square Quantitative Management LLC raised its position in Vistra by 7.2% during the 3rd quarter. V Square Quantitative Management LLC now owns 2,461 shares of the company’s stock valued at $292,000 after purchasing an additional 165 shares during the last quarter. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Vistra Stock Down 1.2 %

VST stock opened at $124.03 on Monday. Vistra Corp. has a twelve month low of $31.92 and a twelve month high of $143.87. The company has a quick ratio of 0.88, a current ratio of 0.98 and a debt-to-equity ratio of 2.89. The firm has a market cap of $42.61 billion, a PE ratio of 91.20 and a beta of 1.10. The business has a 50 day moving average of $104.43 and a 200 day moving average of $91.07.

Vistra (NYSE:VSTGet Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.69). Vistra had a net margin of 4.61% and a return on equity of 21.05%. The company had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $4.04 billion. During the same period last year, the business earned $1.03 EPS. On average, research analysts forecast that Vistra Corp. will post 4.02 EPS for the current fiscal year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 20th were paid a dividend of $0.2195 per share. This represents a $0.88 annualized dividend and a yield of 0.71%. This is an increase from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date was Friday, September 20th. Vistra’s dividend payout ratio (DPR) is currently 64.71%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Royal Bank of Canada upped their price target on Vistra from $105.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, October 3rd. UBS Group decreased their target price on Vistra from $157.00 to $150.00 and set a “buy” rating for the company in a research report on Tuesday, October 22nd. Jefferies Financial Group increased their target price on Vistra from $99.00 to $137.00 and gave the stock a “buy” rating in a research report on Tuesday, September 24th. Morgan Stanley increased their target price on Vistra from $110.00 to $132.00 and gave the stock an “overweight” rating in a research report on Monday, September 23rd. Finally, BNP Paribas started coverage on Vistra in a research report on Monday, October 14th. They issued an “outperform” rating and a $231.00 target price for the company. Ten equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Vistra presently has a consensus rating of “Buy” and an average target price of $145.30.

Get Our Latest Report on Vistra

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.

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Institutional Ownership by Quarter for Vistra (NYSE:VST)

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