Jag Capital Management LLC Has $5.12 Million Stock Holdings in Vistra Corp. $VST

Jag Capital Management LLC grew its stake in shares of Vistra Corp. (NYSE:VST) by 1,974.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 26,141 shares of the company’s stock after acquiring an additional 24,881 shares during the quarter. Jag Capital Management LLC’s holdings in Vistra were worth $5,122,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. JFS Wealth Advisors LLC boosted its holdings in shares of Vistra by 263.0% in the third quarter. JFS Wealth Advisors LLC now owns 1,314 shares of the company’s stock worth $257,000 after buying an additional 952 shares during the period. TD Asset Management Inc raised its holdings in shares of Vistra by 14.8% during the third quarter. TD Asset Management Inc now owns 433,649 shares of the company’s stock valued at $84,961,000 after acquiring an additional 55,851 shares during the period. Thoroughbred Financial Services LLC lifted its position in shares of Vistra by 3.9% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 9,075 shares of the company’s stock valued at $1,777,000 after acquiring an additional 342 shares in the last quarter. Waratah Capital Advisors Ltd. boosted its stake in Vistra by 33.8% in the 3rd quarter. Waratah Capital Advisors Ltd. now owns 86,521 shares of the company’s stock worth $16,951,000 after purchasing an additional 21,866 shares during the period. Finally, Colonial Trust Co SC boosted its stake in Vistra by 5,120.0% in the 3rd quarter. Colonial Trust Co SC now owns 522 shares of the company’s stock worth $102,000 after purchasing an additional 512 shares during the period. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on VST. The Goldman Sachs Group raised shares of Vistra from a “neutral” rating to a “buy” rating and set a $205.00 target price on the stock in a research note on Friday, February 6th. Morgan Stanley reissued an “overweight” rating and set a $215.00 price target on shares of Vistra in a research report on Friday. Jefferies Financial Group upgraded Vistra from a “hold” rating to a “buy” rating and raised their price objective for the stock from $191.00 to $203.00 in a research report on Tuesday, February 10th. BMO Capital Markets lifted their target price on Vistra from $230.00 to $244.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Finally, Bank of America reduced their price target on shares of Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a research report on Monday, January 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $236.73.

Vistra Price Performance

VST opened at $171.46 on Wednesday. The stock has a fifty day moving average price of $162.72 and a 200 day moving average price of $181.12. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74. Vistra Corp. has a 1 year low of $90.51 and a 1 year high of $219.82. The stock has a market cap of $58.10 billion, a price-to-earnings ratio of 61.90, a PEG ratio of 1.01 and a beta of 1.40.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 20th will be paid a $0.228 dividend. This represents a $0.91 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, March 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is presently 32.85%.

Insider Buying and Selling

In related news, CEO James A. Burke sold 22,251 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $162.05, for a total transaction of $3,605,774.55. Following the transaction, the chief executive officer owned 297,998 shares of the company’s stock, valued at approximately $48,290,575.90. This trade represents a 6.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.42% of the company’s stock.

About Vistra

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.