Kestra Advisory Services LLC Buys 4,426 Shares of Vistra Corp. (NYSE:VST)

Kestra Advisory Services LLC grew its stake in shares of Vistra Corp. (NYSE:VSTGet Rating) by 6.2% during the third quarter, Holdings Channel reports. The institutional investor owned 75,578 shares of the company’s stock after purchasing an additional 4,426 shares during the quarter. Kestra Advisory Services LLC’s holdings in Vistra were worth $1,587,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. 1832 Asset Management L.P. bought a new position in shares of Vistra during the first quarter valued at about $35,000. Wipfli Financial Advisors LLC bought a new position in shares of Vistra during the third quarter valued at about $42,000. CWM LLC grew its stake in shares of Vistra by 27.2% during the second quarter. CWM LLC now owns 1,955 shares of the company’s stock valued at $45,000 after buying an additional 418 shares during the last quarter. Lazard Asset Management LLC grew its stake in shares of Vistra by 2,324.7% during the first quarter. Lazard Asset Management LLC now owns 2,158 shares of the company’s stock valued at $50,000 after buying an additional 2,069 shares during the last quarter. Finally, Worth Asset Management LLC bought a new position in shares of Vistra during the first quarter valued at about $53,000. 92.47% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Scott B. Helm acquired 10,000 shares of the stock in a transaction on Tuesday, November 15th. The stock was acquired at an average cost of $23.39 per share, for a total transaction of $233,900.00. Following the completion of the acquisition, the director now directly owns 323,201 shares of the company’s stock, valued at approximately $7,559,671.39. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Scott B. Helm acquired 10,000 shares of the stock in a transaction on Tuesday, November 15th. The stock was acquired at an average cost of $23.39 per share, for a total transaction of $233,900.00. Following the completion of the acquisition, the director now directly owns 323,201 shares of the company’s stock, valued at approximately $7,559,671.39. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Brookfield Asset Management In sold 2,135,176 shares of the firm’s stock in a transaction dated Wednesday, November 30th. The stock was sold at an average price of $24.09, for a total transaction of $51,436,389.84. Following the completion of the sale, the insider now owns 13,281,712 shares of the company’s stock, valued at $319,956,442.08. The disclosure for this sale can be found here. Insiders purchased 30,000 shares of company stock worth $701,200 over the last three months. Company insiders own 1.47% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley cut their target price on Vistra from $32.00 to $31.00 and set an “overweight” rating on the stock in a research note on Friday, November 11th.

Vistra Stock Up 2.2 %

NYSE VST opened at $21.85 on Monday. The company has a debt-to-equity ratio of 3.32, a current ratio of 1.10 and a quick ratio of 1.05. Vistra Corp. has a 1 year low of $20.26 and a 1 year high of $27.39. The business’s 50-day moving average is $23.31 and its 200 day moving average is $23.57.

Vistra (NYSE:VSTGet Rating) last posted its earnings results on Friday, November 4th. The company reported $1.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.75 by ($0.24). The business had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $5.08 billion. Vistra had a positive return on equity of 44.82% and a negative net margin of 1.94%. As a group, sell-side analysts anticipate that Vistra Corp. will post 1.12 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 29th. Shareholders of record on Tuesday, December 20th were issued a $0.193 dividend. The ex-dividend date was Monday, December 19th. This is a positive change from Vistra’s previous quarterly dividend of $0.18. This represents a $0.77 annualized dividend and a yield of 3.53%. Vistra’s dividend payout ratio (DPR) is -74.76%.

Vistra Profile

(Get Rating)

Vistra Corp. is an energy company engaged in the provision of electricity and power generation. It operates through the following segments: Retail, Texas, East, West, Sunset and Asset Closure. The Retail segment sells electricity and natural gas to residential, commercial, and industrial customers. The Texas and East segments engage in electricity generation, wholesale energy sales and purchases, commodity risk management activities, fuel production and fuel logistics management.

See Also

Want to see what other hedge funds are holding VST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vistra Corp. (NYSE:VSTGet Rating).

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.