Vistra Corp. (NYSE:VST) Shares Purchased by Burford Brothers Inc.

Burford Brothers Inc. increased its stake in shares of Vistra Corp. (NYSE:VST) by 5.5% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 22,127 shares of the company’s stock after acquiring an additional 1,163 shares during the period. Vistra makes up approximately 1.4% of Burford Brothers Inc.’s holdings, making the stock its 16th largest holding. Burford Brothers Inc.’s holdings in Vistra were worth $2,623,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Lone Pine Capital LLC lifted its position in Vistra by 6.6% during the 2nd quarter. Lone Pine Capital LLC now owns 6,838,007 shares of the company’s stock worth $587,932,000 after acquiring an additional 425,126 shares in the last quarter. Castle Hook Partners LP raised its position in shares of Vistra by 470.0% in the 1st quarter. Castle Hook Partners LP now owns 3,769,842 shares of the company’s stock valued at $262,569,000 after purchasing an additional 3,108,511 shares in the last quarter. TD Asset Management Inc raised its position in shares of Vistra by 9,668.5% in the 1st quarter. TD Asset Management Inc now owns 2,940,113 shares of the company’s stock valued at $204,779,000 after purchasing an additional 2,910,015 shares in the last quarter. GQG Partners LLC raised its position in shares of Vistra by 25.1% in the 1st quarter. GQG Partners LLC now owns 2,564,705 shares of the company’s stock valued at $178,632,000 after purchasing an additional 514,722 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in shares of Vistra by 115.3% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 2,532,657 shares of the company’s stock valued at $217,758,000 after purchasing an additional 1,356,488 shares in the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Royal Bank of Canada upped their target price on Vistra from $105.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, October 3rd. JPMorgan Chase & Co. assumed coverage on Vistra in a research report on Thursday, October 17th. They issued an “overweight” rating and a $178.00 target price on the stock. Morgan Stanley upped their target price on Vistra from $110.00 to $132.00 and gave the company an “overweight” rating in a research report on Monday, September 23rd. Guggenheim boosted their price target on Vistra from $133.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, October 8th. Finally, UBS Group lowered their price target on Vistra from $157.00 to $150.00 and set a “buy” rating for the company in a report on Tuesday. Ten investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $145.30.

Vistra Price Performance

Shares of VST opened at $124.06 on Friday. The company has a market cap of $43.11 billion, a P/E ratio of 76.11 and a beta of 1.10. The stock has a fifty day moving average price of $104.43 and a 200 day moving average price of $90.78. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.98 and a quick ratio of 0.88. Vistra Corp. has a 12 month low of $31.92 and a 12 month high of $143.87.

Vistra (NYSE:VST) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.69). The company had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $4.04 billion. Vistra had a return on equity of 21.05% and a net margin of 4.61%. During the same quarter in the previous year, the company earned $1.03 earnings per share. On average, research analysts forecast that Vistra Corp. will post 4.73 earnings per share for the current year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 20th were paid a dividend of $0.2195 per share. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.88 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date was Friday, September 20th. Vistra’s dividend payout ratio is presently 53.37%.

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 states in the United States and the District of Columbia.