Vistra Corp. (NYSE:VST) Shares Sold by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC decreased its position in shares of Vistra Corp. (NYSE:VST) by 24.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,167 shares of the company’s stock after selling 1,352 shares during the quarter. Impact Partnership Wealth LLC’s holdings in Vistra were worth $575,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Avior Wealth Management LLC lifted its stake in shares of Vistra by 56.5% during the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock worth $25,000 after purchasing an additional 65 shares in the last quarter. Galvin Gaustad & Stein LLC lifted its position in Vistra by 3.6% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company’s stock worth $286,000 after acquiring an additional 73 shares in the last quarter. Forum Financial Management LP boosted its holdings in Vistra by 0.7% in the 3rd quarter. Forum Financial Management LP now owns 11,527 shares of the company’s stock worth $1,366,000 after acquiring an additional 80 shares during the period. Umpqua Bank grew its position in Vistra by 2.2% in the third quarter. Umpqua Bank now owns 3,780 shares of the company’s stock valued at $448,000 after acquiring an additional 81 shares in the last quarter. Finally, OneDigital Investment Advisors LLC raised its stake in shares of Vistra by 3.0% during the third quarter. OneDigital Investment Advisors LLC now owns 2,809 shares of the company’s stock valued at $333,000 after purchasing an additional 81 shares during the period. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Price Performance

NYSE VST opened at $191.70 on Friday. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The firm has a market capitalization of $65.22 billion, a PE ratio of 35.76, a P/E/G ratio of 1.77 and a beta of 1.21. The company’s 50 day simple moving average is $155.22 and its 200 day simple moving average is $119.39. Vistra Corp. has a 12 month low of $39.13 and a 12 month high of $199.84.

Vistra (NYSE:VST) last issued its quarterly earnings data on Thursday, November 7th. The company reported $5.25 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $4.01. The business had revenue of $6.29 billion for the quarter, compared to the consensus estimate of $4.96 billion. Vistra had a return on equity of 57.63% and a net margin of 12.51%. During the same period last year, the business earned $1.25 EPS. As a group, equities research analysts forecast that Vistra Corp. will post 4.48 EPS for the current fiscal year.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 20th were issued a dividend of $0.221 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.46%. This is a boost from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date was Friday, December 20th. Vistra’s dividend payout ratio is 16.60%.

Vistra declared that its Board of Directors has initiated a share buyback program on Thursday, November 7th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to buy up to 2.1% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

VST has been the subject of a number of recent analyst reports. BMO Capital Markets raised their price target on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a report on Wednesday. Royal Bank of Canada raised their price objective on shares of Vistra from $105.00 to $141.00 and gave the stock an “outperform” rating in a report on Thursday, October 3rd. JPMorgan Chase & Co. assumed coverage on Vistra in a report on Thursday, October 17th. They issued an “overweight” rating and a $178.00 price target for the company. Evercore ISI began coverage on shares of Vistra in a research report on Tuesday. They issued an “outperform” rating and a $202.00 price target on the stock. Finally, UBS Group raised their target price on shares of Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. Ten research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $168.20.

Insider Activity

In other Vistra news, EVP Scott A. Hudson sold 115,000 shares of Vistra stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $164.16, for a total value of $18,878,400.00. Following the transaction, the executive vice president now directly owns 254,932 shares of the company’s stock, valued at $41,849,637.12. The trade was a 31.09 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Scott B. Helm sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total value of $2,795,400.00. Following the completion of the sale, the director now owns 343,350 shares in the company, valued at approximately $47,990,029.50. This represents a 5.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 342,100 shares of company stock valued at $55,087,314. 1.42% of the stock is owned by insiders.

About Vistra

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.