Massmutual Trust Co. FSB ADV Buys 155 Shares of Vistra Corp. (NYSE:VST)

Massmutual Trust Co. FSB ADV increased its stake in Vistra Corp. (NYSE:VST) by 38.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 557 shares of the company’s stock after acquiring an additional 155 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in Vistra were worth $48,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Lindbrook Capital LLC lifted its stake in shares of Vistra by 16.8% in the 1st quarter. Lindbrook Capital LLC now owns 981 shares of the company’s stock valued at $68,000 after acquiring an additional 141 shares during the last quarter. State of Alaska Department of Revenue lifted its stake in shares of Vistra by 0.5% in the 1st quarter. State of Alaska Department of Revenue now owns 36,465 shares of the company’s stock valued at $2,539,000 after acquiring an additional 170 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in shares of Vistra by 1.1% in the 1st quarter. Venturi Wealth Management LLC now owns 23,720 shares of the company’s stock valued at $1,652,000 after acquiring an additional 261 shares during the last quarter. GAMMA Investing LLC raised its position in Vistra by 17.4% during the 1st quarter. GAMMA Investing LLC now owns 2,108 shares of the company’s stock valued at $147,000 after purchasing an additional 312 shares during the last quarter. Finally, Mather Group LLC. bought a new position in Vistra during the 1st quarter valued at approximately $26,000. Institutional investors own 90.88% of the company’s stock.

Vistra Stock Up 6.0 %

Shares of NYSE:VST opened at $74.38 on Wednesday. Vistra Corp. has a 52-week low of $28.39 and a 52-week high of $107.24. The firm has a market capitalization of $25.84 billion, a P/E ratio of 45.63 and a beta of 1.05. The stock has a 50 day moving average price of $85.32 and a 200-day moving average price of $72.41. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.96 and a current ratio of 1.08.

Vistra (NYSE:VST) last announced its 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 return on equity of 24.72% and a net margin of 5.66%. The firm had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $3.81 billion. As a group, equities research analysts anticipate that Vistra Corp. will post 4.86 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 20th will be paid a $0.2195 dividend. The ex-dividend date of this dividend is Friday, September 20th. This represents a $0.88 annualized dividend and a dividend yield of 1.18%. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio is presently 53.37%.

Analyst Upgrades and Downgrades

A number of research firms have commented on VST. Guggenheim raised Vistra to a “strong-buy” rating in a research report on Tuesday, May 7th. BMO Capital Markets upped their price target on Vistra from $79.00 to $109.00 and gave the company an “outperform” rating in a research report on Friday, May 10th. Morgan Stanley upped their price target on Vistra from $86.00 to $110.00 and gave the company an “overweight” rating in a research report on Tuesday, May 28th. UBS Group upped their price target on Vistra from $85.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, May 9th. Finally, Janney Montgomery Scott began coverage on Vistra in a research report on Thursday, April 18th. They set a “buy” rating and a $82.00 price target for the company. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Vistra presently has a consensus rating of “Buy” and an average price target of $87.83.

Insider Buying and Selling

In related news, Director Lisa Crutchfield purchased 335 shares of the business’s stock in a transaction that occurred on Monday, June 10th. The shares were bought at an average price of $89.46 per share, for a total transaction of $29,969.10. Following the purchase, the director now directly owns 32,186 shares of the company’s stock, valued at approximately $2,879,359.56. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.42% of the stock is currently owned by company insiders.

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.