Vistra Corp. (NYSE:VST) Position Raised by Schroder Investment Management Group

Schroder Investment Management Group increased its position in shares of Vistra Corp. (NYSE:VSTFree Report) by 6,527.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 516,065 shares of the company’s stock after purchasing an additional 508,278 shares during the period. Schroder Investment Management Group owned 0.14% of Vistra worth $19,879,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its holdings in Vistra by 160.7% during the fourth quarter. Blue Trust Inc. now owns 717 shares of the company’s stock worth $28,000 after purchasing an additional 442 shares in the last quarter. Lindbrook Capital LLC increased its holdings in shares of Vistra by 64.4% in the fourth quarter. Lindbrook Capital LLC now owns 840 shares of the company’s stock valued at $32,000 after buying an additional 329 shares in the last quarter. Rise Advisors LLC bought a new position in shares of Vistra in the fourth quarter valued at $35,000. Fifth Third Bancorp increased its holdings in shares of Vistra by 52.1% in the fourth quarter. Fifth Third Bancorp now owns 1,346 shares of the company’s stock valued at $52,000 after buying an additional 461 shares in the last quarter. Finally, Cullen Frost Bankers Inc. bought a new position in shares of Vistra in the fourth quarter valued at $54,000. Institutional investors own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

VST has been the topic of several research reports. Evercore ISI upped their price target on Vistra from $72.00 to $79.00 and gave the company an “outperform” rating in a report on Thursday, April 4th. Morgan Stanley upped their price target on Vistra from $86.00 to $110.00 and gave the company an “overweight” rating in a report on Tuesday, May 28th. BMO Capital Markets upped their price target on Vistra from $79.00 to $109.00 and gave the company an “outperform” rating in a report on Friday, May 10th. Guggenheim upgraded shares of Vistra to a “strong-buy” rating in a research report on Tuesday, May 7th. Finally, Janney Montgomery Scott initiated coverage on shares of Vistra in a research report on Thursday, April 18th. They set a “buy” rating and a $82.00 price objective on the stock. Six investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $87.83.

Check Out Our Latest Report on Vistra

Insider Activity

In other 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 directly owns 184,201 shares in the company, valued at approximately $11,536,508.63. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.42% of the stock is currently owned by corporate insiders.

Vistra Trading Up 3.8 %

NYSE VST opened at $88.27 on Tuesday. Vistra Corp. has a twelve month low of $24.60 and a twelve month high of $107.24. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.96 and a current ratio of 1.08. The stock has a market cap of $30.67 billion, a price-to-earnings ratio of 54.15 and a beta of 1.03. The firm’s 50 day moving average price is $82.91 and its two-hundred day moving average price is $58.85.

Vistra (NYSE:VSTGet Free Report) last posted its quarterly earnings results on Thursday, May 9th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.39). Vistra had a net margin of 5.66% and a return on equity of 24.72%. The company had revenue of $3.05 billion for the quarter, compared to analysts’ expectations of $3.81 billion. Equities analysts anticipate that Vistra Corp. will post 3.8 EPS for the current year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Wednesday, June 19th will be issued a dividend of $0.218 per share. This is a boost from Vistra’s previous quarterly dividend of $0.22. This represents a $0.87 annualized dividend and a dividend yield of 0.99%. The ex-dividend date is Tuesday, June 18th. Vistra’s 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 Articles

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:VSTFree Report).

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.