Wealth Enhancement Advisory Services LLC Has $2.56 Million Position in Vistra Corp. (NYSE:VST)

Wealth Enhancement Advisory Services LLC boosted its position in Vistra Corp. (NYSE:VST) by 1.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 36,735 shares of the company’s stock after buying an additional 568 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Vistra were worth $2,559,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mather Group LLC. bought a new stake in shares of Vistra in the first quarter valued at about $26,000. Blue Trust Inc. boosted its holdings in Vistra by 160.7% in the 4th quarter. Blue Trust Inc. now owns 717 shares of the company’s stock valued at $28,000 after purchasing an additional 442 shares during the period. Lindbrook Capital LLC grew its position in shares of Vistra by 64.4% during the 4th quarter. Lindbrook Capital LLC now owns 840 shares of the company’s stock worth $32,000 after purchasing an additional 329 shares in the last quarter. Rise Advisors LLC bought a new position in shares of Vistra during the fourth quarter worth approximately $35,000. Finally, Riverview Trust Co acquired a new stake in shares of Vistra in the first quarter valued at approximately $39,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on VST shares. UBS Group increased their price target on Vistra from $85.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, May 9th. Morgan Stanley raised their price target on Vistra from $86.00 to $110.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 28th. Evercore ISI upped their price objective on shares of Vistra from $72.00 to $79.00 and gave the stock an “outperform” rating in a research report on Thursday, April 4th. Janney Montgomery Scott started coverage on shares of Vistra in a report on Thursday, April 18th. They issued a “buy” rating and a $82.00 target price on the stock. Finally, BMO Capital Markets boosted their target price on shares of Vistra from $79.00 to $109.00 and gave the company an “outperform” rating in a research report on Friday, May 10th. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $87.83.

Insider Buying and Selling

In other news, Director Lisa Crutchfield bought 335 shares of the company’s stock in a transaction on Monday, June 10th. The stock was purchased at an average cost of $89.46 per share, for a total transaction of $29,969.10. Following the completion of the transaction, the director now owns 32,186 shares of the company’s stock, valued at $2,879,359.56. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 1.42% of the stock is currently owned by corporate insiders.

Vistra Stock Up 4.6 %

Shares of NYSE VST opened at $91.72 on Thursday. The company has a market cap of $31.87 billion, a price-to-earnings ratio of 56.27 and a beta of 1.05. The company has a current ratio of 1.08, a quick ratio of 0.96 and a debt-to-equity ratio of 3.06. Vistra Corp. has a 12 month low of $25.88 and a 12 month high of $107.24. The stock has a 50-day moving average price of $89.38 and a two-hundred day moving average price of $65.18.

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

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Wednesday, June 19th were issued a dividend of $0.218 per share. This is an increase from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Tuesday, June 18th. This represents a $0.87 annualized dividend and a dividend yield of 0.95%. Vistra’s dividend payout ratio (DPR) is 53.37%.

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.