Atria Wealth Solutions Inc. Has $663,000 Stock Holdings in Vistra Corp. $VST

Atria Wealth Solutions Inc. lessened its stake in Vistra Corp. (NYSE:VST) by 60.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 3,420 shares of the company’s stock after selling 5,236 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Vistra were worth $663,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Red Mountain Financial LLC increased its stake in Vistra by 3.1% in the 2nd quarter. Red Mountain Financial LLC now owns 2,435 shares of the company’s stock valued at $472,000 after buying an additional 74 shares during the period. Parallel Advisors LLC increased its stake in Vistra by 3.1% in the 2nd quarter. Parallel Advisors LLC now owns 2,528 shares of the company’s stock valued at $490,000 after buying an additional 75 shares during the period. Global Financial Private Client LLC increased its stake in Vistra by 4.7% in the 2nd quarter. Global Financial Private Client LLC now owns 1,695 shares of the company’s stock valued at $329,000 after buying an additional 76 shares during the period. Armstrong Advisory Group Inc. increased its stake in Vistra by 48.4% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 239 shares of the company’s stock valued at $46,000 after buying an additional 78 shares during the period. Finally, Fairvoy Private Wealth LLC increased its stake in Vistra by 1.4% in the 2nd quarter. Fairvoy Private Wealth LLC now owns 5,718 shares of the company’s stock valued at $1,108,000 after buying an additional 79 shares during the period. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insider Transactions at Vistra

In related news, CEO James A. Burke sold 43,074 shares of the firm’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $208.75, for a total value of $8,991,697.50. Following the transaction, the chief executive officer directly owned 217,025 shares in the company, valued at approximately $45,303,968.75. This trade represents a 16.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last quarter, insiders have sold 590,228 shares of company stock valued at $121,653,740. Company insiders own 1.42% of the company’s stock.

Vistra Stock Performance

Shares of VST opened at $201.53 on Friday. Vistra Corp. has a 12 month low of $90.51 and a 12 month high of $219.82. The company’s fifty day moving average is $200.58 and its 200-day moving average is $175.84. The company has a quick ratio of 0.80, a current ratio of 0.90 and a debt-to-equity ratio of 6.58. The firm has a market cap of $68.28 billion, a price-to-earnings ratio of 32.14, a price-to-earnings-growth ratio of 2.86 and a beta of 1.33.

Vistra (NYSE:VST) last posted its earnings results on Thursday, August 7th. The company reported $1.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.62). Vistra had a net margin of 12.90% and a return on equity of 108.41%. The firm had revenue of $4.25 billion during the quarter, compared to analyst estimates of $5.15 billion. Equities analysts expect that Vistra Corp. will post 7 EPS for the current fiscal year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 19th were paid a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Friday, September 19th. This is a boost from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is 14.35%.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. BMO Capital Markets upped their price objective on shares of Vistra from $229.00 to $236.00 and gave the company an “outperform” rating in a research note on Friday, October 3rd. Wall Street Zen lowered shares of Vistra from a “hold” rating to a “sell” rating in a research note on Friday, September 5th. Weiss Ratings restated a “buy (b)” rating on shares of Vistra in a research note on Wednesday, October 8th. Melius Research upgraded shares of Vistra to a “strong-buy” rating in a research note on Wednesday, August 20th. Finally, UBS Group increased their price target on shares of Vistra from $207.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Four research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $229.31.

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.