JustInvest LLC Has $353,000 Position in Vistra Corp. (NYSE:VST)

JustInvest LLC reduced its position in shares of Vistra Corp. (NYSE:VST) by 26.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,665 shares of the company’s stock after selling 7,269 shares during the quarter. JustInvest LLC’s holdings in Vistra were worth $353,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. raised its stake in Vistra by 26.9% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 112,656 shares of the company’s stock valued at $2,090,000 after purchasing an additional 23,846 shares during the period. Amalgamated Bank raised its stake in Vistra by 61.5% during the 2nd quarter. Amalgamated Bank now owns 91,518 shares of the company’s stock valued at $1,698,000 after purchasing an additional 34,844 shares during the period. Parametric Portfolio Associates LLC raised its stake in Vistra by 51.0% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,561,857 shares of the company’s stock valued at $28,972,000 after purchasing an additional 527,742 shares during the period. Zimmer Partners LP raised its stake in Vistra by 6.7% during the 2nd quarter. Zimmer Partners LP now owns 4,000,000 shares of the company’s stock valued at $74,200,000 after purchasing an additional 250,000 shares during the period. Finally, Metropolitan Life Insurance Co NY acquired a new stake in Vistra during the 2nd quarter valued at $184,000. 89.66% of the stock is currently owned by institutional investors.

Vistra stock opened at $22.59 on Friday. The company has a debt-to-equity ratio of 1.74, a current ratio of 0.99 and a quick ratio of 0.93. The company has a market capitalization of $10.90 billion, a price-to-earnings ratio of -5.40, a PEG ratio of 0.53 and a beta of 0.98. Vistra Corp. has a one year low of $15.47 and a one year high of $24.20. The company’s fifty day moving average price is $21.18 and its two-hundred day moving average price is $19.51.

Vistra (NYSE:VST) last posted its earnings results on Friday, November 5th. The company reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.52 by ($1.49). The business had revenue of $2.99 billion for the quarter. Vistra had a negative return on equity of 30.01% and a negative net margin of 17.98%. As a group, sell-side analysts anticipate that Vistra Corp. will post 0.31 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 30th. Shareholders of record on Thursday, December 16th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.66%. The ex-dividend date of this dividend was Wednesday, December 15th. Vistra’s payout ratio is -14.35%.

In other Vistra news, insider Oaktree Capital Group Holdings sold 1,041,573 shares of the stock in a transaction on Friday, November 19th. The shares were sold at an average price of $20.10, for a total transaction of $20,935,617.30. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.89% of the company’s stock.

VST has been the topic of a number of research reports. BMO Capital Markets upped their price target on shares of Vistra from $25.00 to $27.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 13th. Zacks Investment Research downgraded shares of Vistra from a “buy” rating to a “hold” rating in a research note on Thursday, October 21st. Finally, Bank of America reaffirmed a “buy” rating and issued a $23.00 price target on shares of Vistra in a research note on Thursday, September 30th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $23.75.

Vistra Company Profile

Vistra Corp. is an energy company, which engages in the provision of electricity and power generation. It operates through the following segments: Retail, Texas, East, West, Sunset and Asset Closure. The Retail segment sells electricity and natural gas to residential, commercial and industrial customers.

Read More: Why are trading ranges significant?

Want to see what other hedge funds are holding VST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vistra Corp. (NYSE:VST).

Institutional Ownership by Quarter for Vistra (NYSE:VST)

Receive News & Ratings for Vistra Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vistra and related companies with MarketBeat.com's FREE daily email newsletter.