Vistra Corp. (NYSE:VST) Shares Acquired by Sei Investments Co.

Sei Investments Co. increased its position in Vistra Corp. (NYSE:VST) by 4.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 552,148 shares of the company’s stock after acquiring an additional 22,916 shares during the period. Sei Investments Co. owned approximately 0.16% of Vistra worth $38,456,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mather Group LLC. purchased a new stake in Vistra in the 1st quarter valued at approximately $26,000. Riverview Trust Co purchased a new stake in Vistra in the 1st quarter valued at approximately $39,000. ORG Partners LLC purchased a new stake in Vistra in the 1st quarter valued at approximately $46,000. Blue Trust Inc. lifted its stake in Vistra by 160.7% in the 4th quarter. Blue Trust Inc. now owns 717 shares of the company’s stock valued at $28,000 after buying an additional 442 shares in the last quarter. Finally, Lindbrook Capital LLC lifted its stake in Vistra by 64.4% in the 4th 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. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Stock Down 5.6 %

NYSE VST traded down $5.16 during trading hours on Monday, hitting $86.17. The company had a trading volume of 6,017,310 shares, compared to its average volume of 6,667,755. Vistra Corp. has a fifty-two week low of $26.06 and a fifty-two week high of $107.24. The company has a market capitalization of $29.94 billion, a price-to-earnings ratio of 56.03 and a beta of 1.05. The company has a debt-to-equity ratio of 3.06, a current ratio of 1.08 and a quick ratio of 0.96. The firm’s 50 day moving average is $91.45 and its 200 day moving average is $68.01.

Vistra (NYSE:VST) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.23 earnings per share (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 during the quarter, compared to analyst estimates of $3.81 billion. Sell-side analysts anticipate that Vistra Corp. will post 3.95 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Wednesday, June 19th were paid a dividend of $0.218 per share. The ex-dividend date of this dividend was Tuesday, June 18th. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.87 annualized dividend and a dividend yield of 1.01%. Vistra’s dividend payout ratio (DPR) is currently 53.37%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on VST shares. UBS Group upped their target price on Vistra from $85.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, May 9th. Evercore ISI increased their price target on Vistra from $72.00 to $79.00 and gave the stock an “outperform” rating in a research note on Thursday, April 4th. Guggenheim raised Vistra to a “strong-buy” rating in a research note on Tuesday, May 7th. Janney Montgomery Scott initiated coverage on Vistra in a research note on Thursday, April 18th. They set a “buy” rating and a $82.00 price target on the stock. Finally, Morgan Stanley increased their price target on Vistra from $86.00 to $110.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 28th. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $87.83.

Insider Activity

In other Vistra news, Director Lisa Crutchfield bought 335 shares of the stock in a transaction dated Monday, June 10th. The stock was bought at an average cost of $89.46 per share, for a total transaction of $29,969.10. Following the completion of the purchase, the director now directly owns 32,186 shares of the company’s stock, valued at $2,879,359.56. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.42% of the company’s stock.

Vistra Profile

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.