Teamwork Financial Advisors LLC Purchases 22,492 Shares of Vistra Corp. $VST

Teamwork Financial Advisors LLC lifted its holdings in Vistra Corp. (NYSE:VST) by 39.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 78,855 shares of the company’s stock after purchasing an additional 22,492 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in Vistra were worth $12,722,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Vistra in the 2nd quarter worth $930,080,000. Alkeon Capital Management LLC raised its position in shares of Vistra by 280.6% during the 2nd quarter. Alkeon Capital Management LLC now owns 1,356,357 shares of the company’s stock valued at $262,876,000 after buying an additional 1,000,000 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Vistra by 15.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 7,106,465 shares of the company’s stock valued at $1,392,299,000 after acquiring an additional 930,912 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Vistra by 25.2% in the 2nd quarter. Invesco Ltd. now owns 4,537,384 shares of the company’s stock valued at $879,390,000 after acquiring an additional 913,350 shares during the last quarter. Finally, Palidye Holdings Caymans Ltd purchased a new position in Vistra in the second quarter worth about $145,987,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

Vistra stock opened at $146.23 on Monday. The company has a debt-to-equity ratio of 6.01, a current ratio of 0.78 and a quick ratio of 0.69. The firm has a market capitalization of $49.51 billion, a P/E ratio of 67.39, a price-to-earnings-growth ratio of 0.88 and a beta of 1.42. Vistra Corp. has a 1-year low of $90.51 and a 1-year high of $219.82. The company’s 50-day moving average is $163.60 and its 200 day moving average is $177.24.

Vistra (NYSE:VST) last announced its earnings results on Thursday, February 26th. The company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.45 by ($0.27). Vistra had a net margin of 5.32% and a return on equity of 81.09%. The business had revenue of $4.58 billion for the quarter, compared to analysts’ expectations of $5.75 billion. Research analysts forecast that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th will be given a dividend of $0.228 per share. This represents a $0.91 annualized dividend and a dividend yield of 0.6%. This is a positive change from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Friday, March 20th. Vistra’s dividend payout ratio is 41.94%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on VST shares. Jefferies Financial Group raised Vistra from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $191.00 to $203.00 in a research note on Tuesday, February 10th. The Goldman Sachs Group upgraded Vistra from a “neutral” rating to a “buy” rating and set a $205.00 target price for the company in a report on Friday, February 6th. Scotiabank boosted their target price on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Bank of America cut their target price on Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a research report on Monday, January 12th. Finally, KeyCorp began coverage on Vistra in a research report on Monday, November 24th. They issued an “overweight” rating and a $217.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Vistra has a consensus rating of “Buy” and a consensus price target of $236.87.

Insider Buying and Selling at Vistra

In other news, EVP Stephanie Zapata Moore sold 10,000 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the completion of the sale, the executive vice president directly owned 114,409 shares of the company’s stock, valued at approximately $18,340,906.79. The trade was a 8.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.42% of the company’s stock.

Vistra Profile

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.