American Century Companies Inc. lifted its stake in shares of Vistra Corp. (NYSE:VST – Free Report) by 4.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 752,414 shares of the company’s stock after acquiring an additional 31,195 shares during the period. American Century Companies Inc. owned approximately 0.20% of Vistra worth $18,044,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in VST. Connectus Wealth LLC boosted its stake in Vistra by 80.9% in the 1st quarter. Connectus Wealth LLC now owns 171,138 shares of the company’s stock worth $4,110,000 after purchasing an additional 76,532 shares during the period. Rhumbline Advisers grew its holdings in shares of Vistra by 2.3% during the first quarter. Rhumbline Advisers now owns 484,534 shares of the company’s stock worth $11,629,000 after buying an additional 10,731 shares in the last quarter. Commonwealth Equity Services LLC raised its position in Vistra by 11.9% in the 1st quarter. Commonwealth Equity Services LLC now owns 19,931 shares of the company’s stock valued at $478,000 after buying an additional 2,126 shares during the last quarter. Oppenheimer & Co. Inc. lifted its stake in Vistra by 3.9% in the 1st quarter. Oppenheimer & Co. Inc. now owns 52,139 shares of the company’s stock valued at $1,251,000 after acquiring an additional 1,955 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its position in Vistra by 4.5% during the 1st quarter. Vanguard Personalized Indexing Management LLC now owns 33,142 shares of the company’s stock worth $795,000 after acquiring an additional 1,414 shares during the last quarter. 91.31% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Vistra news, EVP Stephanie Zapata Moore sold 107,466 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $30.22, for a total value of $3,247,622.52. Following the sale, the executive vice president now owns 137,782 shares in the company, valued at $4,163,772.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Vistra news, EVP Stephanie Zapata Moore sold 107,466 shares of the company’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $30.22, for a total value of $3,247,622.52. Following the transaction, the executive vice president now directly owns 137,782 shares in the company, valued at $4,163,772.04. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Julie A. Lagacy acquired 10,000 shares of the company’s stock in a transaction dated Wednesday, June 21st. The stock was bought at an average cost of $24.84 per share, for a total transaction of $248,400.00. Following the completion of the transaction, the director now directly owns 16,923 shares of the company’s stock, valued at $420,367.32. The disclosure for this purchase can be found here. 1.36% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Vistra Trading Up 0.3 %
Shares of Vistra stock opened at $31.43 on Friday. Vistra Corp. has a 12-month low of $20.76 and a 12-month high of $31.68. The company has a quick ratio of 1.08, a current ratio of 1.17 and a debt-to-equity ratio of 3.42. The business’s 50 day moving average is $28.06 and its 200-day moving average is $25.45. The stock has a market cap of $11.55 billion, a P/E ratio of 8.59 and a beta of 0.99.
Vistra (NYSE:VST – Get Free Report) last posted its quarterly earnings results on Wednesday, August 9th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.21. Vistra had a net margin of 9.60% and a return on equity of 22.75%. The firm had revenue of $3.19 billion for the quarter, compared to analyst estimates of $2.78 billion. Equities research analysts predict that Vistra Corp. will post 3.11 earnings per share for the current fiscal year.
Vistra Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Wednesday, September 20th will be paid a $0.206 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.20. This represents a $0.82 annualized dividend and a yield of 2.62%. The ex-dividend date of this dividend is Tuesday, September 19th. Vistra’s dividend payout ratio (DPR) is 22.40%.
Vistra Company 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 20 states in the United States and the District of Columbia.
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