Guyasuta Investment Advisors Inc. Sells 3,154 Shares of Vistra Corp. (NYSE:VST)

Guyasuta Investment Advisors Inc. lessened its position in shares of Vistra Corp. (NYSE:VST) by 0.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 752,079 shares of the company’s stock after selling 3,154 shares during the quarter. Vistra comprises about 3.5% of Guyasuta Investment Advisors Inc.’s investment portfolio, making the stock its 7th largest position. Guyasuta Investment Advisors Inc.’s holdings in Vistra were worth $52,382,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in VST. 3Chopt Investment Partners LLC increased its holdings in Vistra by 142.2% in the fourth quarter. 3Chopt Investment Partners LLC now owns 54,969 shares of the company’s stock valued at $2,117,000 after purchasing an additional 32,276 shares during the last quarter. Comerica Bank increased its holdings in Vistra by 90.4% in the third quarter. Comerica Bank now owns 327,520 shares of the company’s stock valued at $10,867,000 after purchasing an additional 155,533 shares during the last quarter. Ellsworth Advisors LLC bought a new stake in Vistra in the fourth quarter valued at about $773,000. Janney Montgomery Scott LLC increased its holdings in Vistra by 4.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 145,812 shares of the company’s stock valued at $5,617,000 after purchasing an additional 5,619 shares during the last quarter. Finally, Burns Matteson Capital Management LLC bought a new stake in Vistra in the fourth quarter valued at about $831,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insider Activity at Vistra

In related news, Director Lisa Crutchfield purchased 335 shares of Vistra stock in a transaction that occurred on Monday, June 10th. The stock was purchased at an average cost of $89.46 per share, with a total value of $29,969.10. Following the completion of the transaction, the director now owns 32,186 shares of the company’s stock, valued at approximately $2,879,359.56. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.42% of the company’s stock.

Vistra Stock Down 1.4 %

Shares of VST stock traded down $1.24 on Friday, hitting $85.98. 14,418,666 shares of the stock were exchanged, compared to its average volume of 6,788,599. The company has a current ratio of 1.08, a quick ratio of 0.96 and a debt-to-equity ratio of 3.06. The firm has a market capitalization of $29.87 billion, a P/E ratio of 52.75 and a beta of 1.03. The business has a 50-day moving average of $88.16 and a 200 day moving average of $63.92. Vistra Corp. has a fifty-two week low of $25.64 and a fifty-two week high of $107.24.

Vistra (NYSE:VST) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.39). The firm had revenue of $3.05 billion for the quarter, compared to analyst estimates of $3.81 billion. Vistra had a return on equity of 24.72% and a net margin of 5.66%. Equities analysts anticipate that Vistra Corp. will post 3.95 EPS for the current year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Wednesday, June 19th will be given a dividend of $0.218 per share. This is a boost from Vistra’s previous quarterly dividend of $0.22. This represents a $0.87 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Tuesday, June 18th. Vistra’s dividend payout ratio is currently 53.37%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. BMO Capital Markets upped their price objective on Vistra from $79.00 to $109.00 and gave the company an “outperform” rating in a report on Friday, May 10th. UBS Group increased their price target on Vistra from $85.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, May 9th. Guggenheim upgraded Vistra to a “strong-buy” rating in a report on Tuesday, May 7th. Janney Montgomery Scott initiated coverage on Vistra in a report on Thursday, April 18th. They issued a “buy” rating and a $82.00 price target for the company. Finally, Morgan Stanley increased their price target on Vistra from $86.00 to $110.00 and gave the stock an “overweight” rating in a report on Tuesday, May 28th. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $87.83.

About Vistra

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.