15,068 Shares in Vistra Corp. (NYSE:VST) Bought by First American Bank

First American Bank purchased a new stake in Vistra Corp. (NYSE:VST - Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 15,068 shares of the company's stock, valued at approximately $1,786,000.

A number of other institutional investors have also recently bought and sold shares of VST. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Vistra during the third quarter valued at $30,000. CVA Family Office LLC increased its holdings in shares of Vistra by 1,505.9% in the 3rd quarter. CVA Family Office LLC now owns 273 shares of the company's stock valued at $32,000 after purchasing an additional 256 shares during the period. Redwood Wealth Management Group LLC purchased a new stake in shares of Vistra in the second quarter worth approximately $26,000. ORG Wealth Partners LLC acquired a new stake in shares of Vistra during the third quarter worth approximately $40,000. Finally, EdgeRock Capital LLC purchased a new position in Vistra during the second quarter valued at approximately $34,000. Hedge funds and other institutional investors own 90.88% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Guggenheim lifted their target price on shares of Vistra from $133.00 to $177.00 and gave the company a "buy" rating in a research note on Tuesday, October 8th. Royal Bank of Canada lifted their price objective 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. began 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. UBS Group reduced their price target on Vistra from $157.00 to $150.00 and set a "buy" rating for the company in a report on Tuesday, October 22nd. Finally, BNP Paribas began coverage on Vistra in a report on Monday, October 14th. They issued an "outperform" rating and a $231.00 price objective on the stock. Ten investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $145.30.

Vistra Stock Performance

VST stock traded up $3.75 during midday trading on Monday, hitting $127.78. 4,896,515 shares of the company traded hands, compared to its average volume of 6,932,783. The business has a 50 day simple moving average of $104.43 and a 200-day simple moving average of $91.07. The company has a quick ratio of 0.88, a current ratio of 0.98 and a debt-to-equity ratio of 2.89. Vistra Corp. has a twelve month low of $32.17 and a twelve month high of $143.87. The stock has a market capitalization of $44.40 billion, a price-to-earnings ratio of 78.39 and a beta of 1.10.

Vistra (NYSE:VST - Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported $0.90 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.69). Vistra had a return on equity of 21.05% and a net margin of 4.61%. The firm had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $4.04 billion. During the same quarter last year, the business earned $1.03 EPS. As a group, equities research analysts predict that Vistra Corp. will post 4.02 earnings per share for the current year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 20th were issued a $0.2195 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $0.88 dividend on an annualized basis and a yield of 0.69%. This is a positive change from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is 53.37%.

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.