B.O.S.S. Retirement Advisors LLC Takes Position in Vistra Corp. (NYSE:VST)

B.O.S.S. Retirement Advisors LLC purchased a new stake in shares of Vistra Corp. (NYSE:VST) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 21,687 shares of the company’s stock, valued at approximately $2,571,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Czech National Bank raised its holdings in shares of Vistra by 12.4% during the 3rd quarter. Czech National Bank now owns 69,987 shares of the company’s stock valued at $8,296,000 after purchasing an additional 7,747 shares in the last quarter. Viking Fund Management LLC bought a new position in Vistra in the 3rd quarter worth $1,185,000. Atria Investments Inc bought a new position in Vistra in the 1st quarter worth $1,675,000. Terra Nova Asset Management LLC bought a new position in Vistra in the 3rd quarter worth $842,000. Finally, M&R Capital Management Inc. raised its holdings in Vistra by 38,929.0% in the 3rd quarter. M&R Capital Management Inc. now owns 117,087 shares of the company’s stock worth $13,879,000 after acquiring an additional 116,787 shares during the period. Institutional investors own 90.88% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on VST. BNP Paribas began coverage on shares of Vistra in a report on Monday. They issued an “outperform” rating and a $231.00 target price on the stock. Royal Bank of Canada raised their price target on shares of Vistra from $105.00 to $141.00 and gave the stock an “outperform” rating in a research report on Thursday, October 3rd. Guggenheim raised their price target on shares of Vistra from $133.00 to $177.00 and gave the stock a “buy” rating in a research report on Tuesday, October 8th. BMO Capital Markets restated an “outperform” rating and issued a $146.00 price target (up from $125.00) on shares of Vistra in a research report on Friday, October 4th. Finally, Morgan Stanley raised their price target on shares of Vistra from $110.00 to $132.00 and gave the stock an “overweight” rating in a research report on Monday, September 23rd. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $137.22.

Vistra Price Performance

NYSE:VST opened at $135.66 on Thursday. The firm has a market cap of $46.61 billion, a PE ratio of 99.75 and a beta of 1.10. Vistra Corp. has a 12 month low of $31.43 and a 12 month high of $143.87. The company has a quick ratio of 0.88, a current ratio of 0.98 and a debt-to-equity ratio of 2.89. The company’s 50-day moving average price is $97.76 and its two-hundred day moving average price is $88.25.

Vistra (NYSE:VST) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.69). The firm had revenue of $3.85 billion during the quarter, compared to analyst estimates of $4.04 billion. Vistra had a net margin of 4.61% and a return on equity of 21.05%. During the same quarter last year, the firm earned $1.03 earnings per share. On average, equities analysts anticipate that Vistra Corp. will post 4.7 EPS for the current fiscal year.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 20th were given a $0.2195 dividend. The ex-dividend date of this dividend was Friday, September 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.22. This represents a $0.88 dividend on an annualized basis and a yield of 0.65%. Vistra’s payout ratio is 64.71%.

Vistra 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.