4,429 Shares in Vistra Corp. (NYSE:VST) Bought by Creekmur Asset Management LLC

Creekmur Asset Management LLC acquired a new stake in Vistra Corp. (NYSE:VST) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,429 shares of the company’s stock, valued at approximately $171,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Teachers Retirement System of The State of Kentucky raised its position in Vistra by 41.2% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 115,600 shares of the company’s stock valued at $4,453,000 after purchasing an additional 33,738 shares during the period. Eventide Asset Management LLC raised its position in Vistra by 158.9% in the fourth quarter. Eventide Asset Management LLC now owns 292,907 shares of the company’s stock valued at $11,283,000 after purchasing an additional 179,769 shares during the period. Burford Brothers Inc. purchased a new position in Vistra in the fourth quarter valued at about $728,000. Bluefin Capital Management LLC acquired a new stake in shares of Vistra during the fourth quarter valued at about $625,000. Finally, Fort Sheridan Advisors LLC grew its stake in shares of Vistra by 4.8% during the fourth quarter. Fort Sheridan Advisors LLC now owns 22,052 shares of the company’s stock valued at $849,000 after acquiring an additional 1,000 shares in the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Stock Performance

Shares of NYSE VST traded down $0.81 during midday trading on Friday, hitting $87.59. 3,728,443 shares of the company’s stock were exchanged, compared to its average volume of 7,971,596. 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 stock’s 50 day moving average price is $84.58 and its 200-day moving average price is $60.40. The firm has a market cap of $30.43 billion, a P/E ratio of 53.74 and a beta of 1.03. Vistra Corp. has a twelve month low of $24.70 and a twelve month high of $107.24.

Vistra (NYSE:VST) last released its earnings results on Thursday, May 9th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.39). The firm had revenue of $3.05 billion during the quarter, compared to analyst estimates of $3.81 billion. Vistra had a return on equity of 24.72% and a net margin of 5.66%. Equities research analysts anticipate that Vistra Corp. will post 3.8 EPS for the current year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Wednesday, June 19th will be given a dividend of $0.218 per share. This represents a $0.87 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Tuesday, June 18th. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio is 52.76%.

Insider Activity

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

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on VST. BMO Capital Markets raised their target price on Vistra from $79.00 to $109.00 and gave the company an “outperform” rating in a research note on Friday, May 10th. Evercore ISI lifted 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 upgraded Vistra to a “strong-buy” rating in a research note on Tuesday, May 7th. UBS Group lifted their price target on Vistra from $85.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, May 9th. Finally, Morgan Stanley lifted 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 analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $87.83.

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.