Integrated Advisors Network LLC Invests $6.13 Million in Vistra Corp. (NYSE:VST)

Integrated Advisors Network LLC bought a new stake in shares of Vistra Corp. (NYSE:VST - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 51,673 shares of the company's stock, valued at approximately $6,125,000.

Several other institutional investors have also recently added to or reduced their stakes in VST. Wealth Enhancement Advisory Services LLC grew its position in shares of Vistra by 1.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 36,735 shares of the company's stock worth $2,559,000 after acquiring an additional 568 shares during the last quarter. State of Michigan Retirement System grew its position in shares of Vistra by 2.4% during the first quarter. State of Michigan Retirement System now owns 82,500 shares of the company's stock worth $5,746,000 after acquiring an additional 1,900 shares during the last quarter. State of Alaska Department of Revenue grew its position in shares of Vistra by 0.5% during the first quarter. State of Alaska Department of Revenue now owns 36,465 shares of the company's stock worth $2,539,000 after acquiring an additional 170 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of Vistra by 11.1% during the first quarter. Commonwealth Equity Services LLC now owns 36,363 shares of the company's stock worth $2,533,000 after acquiring an additional 3,647 shares during the last quarter. Finally, Retirement Systems of Alabama grew its position in shares of Vistra by 20.0% during the first quarter. Retirement Systems of Alabama now owns 505,055 shares of the company's stock worth $35,177,000 after acquiring an additional 84,109 shares during the last quarter. Institutional investors own 90.88% of the company's stock.

Vistra Price Performance

NYSE VST traded down $1.11 on Tuesday, reaching $126.67. The company's stock had a trading volume of 4,735,743 shares, compared to its average volume of 6,922,296. Vistra Corp. has a twelve month low of $32.17 and a twelve month high of $143.87. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.88 and a current ratio of 0.98. The stock has a market cap of $44.01 billion, a PE ratio of 77.71 and a beta of 1.10. The firm's 50 day moving average is $106.31 and its two-hundred day moving average is $91.86.

Vistra (NYSE:VST - Get Free Report) last posted 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). Vistra had a net margin of 4.61% and a return on equity of 21.05%. The firm had revenue of $3.85 billion for the quarter, compared to analysts' expectations of $4.04 billion. During the same period in the prior year, the company posted $1.03 earnings per share. As a group, sell-side analysts predict that Vistra Corp. will post 4.02 EPS for the current year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 20th were paid a dividend of $0.2195 per share. 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 0.69%. Vistra's dividend payout ratio is currently 53.37%.

Analysts Set New Price Targets

VST has been the subject of several recent research reports. UBS Group lowered their price target on shares of Vistra from $157.00 to $150.00 and set a "buy" rating for the company in a research report on Tuesday, October 22nd. JPMorgan Chase & Co. started coverage on shares of Vistra in a research report on Thursday, October 17th. They issued an "overweight" rating and a $178.00 target price for the company. BMO Capital Markets increased their target price on shares of Vistra from $146.00 to $147.00 and gave the company an "outperform" rating in a research report on Tuesday. Jefferies Financial Group increased their target price on shares of Vistra from $99.00 to $137.00 and gave the company a "buy" rating in a research report on Tuesday, September 24th. Finally, Guggenheim increased their target price on shares of Vistra from $133.00 to $177.00 and gave the company a "buy" rating in a research report on Tuesday, October 8th. Ten investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Vistra has a consensus rating of "Buy" and an average price target of $145.40.

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.