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CVA Family Office LLC Has $89,000 Stock Position in Vistra Corp. $VST

CVA Family Office LLC boosted its holdings in Vistra Corp. (NYSE:VST – Free Report) by 23.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 458 shares of the company’s stock after acquiring an additional 86 shares during the quarter. CVA Family Office LLC’s holdings in Vistra were worth $89,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VST. Oppenheimer Asset Management Inc. lifted its holdings in shares of Vistra by 55.9% in the first quarter. Oppenheimer Asset Management Inc. now owns 7,588 shares of the company’s stock worth $891,000 after acquiring an additional 2,721 shares during the last quarter. Spire Wealth Management increased its position in Vistra by 6.6% during the 1st quarter. Spire Wealth Management now owns 7,603 shares of the company’s stock worth $893,000 after purchasing an additional 469 shares in the last quarter. Golden State Wealth Management LLC lifted its stake in Vistra by 2,540.0% in the 1st quarter. Golden State Wealth Management LLC now owns 396 shares of the company’s stock valued at $47,000 after purchasing an additional 381 shares during the last quarter. PDS Planning Inc acquired a new stake in Vistra in the first quarter valued at approximately $202,000. Finally, Money Concepts Capital Corp grew its stake in shares of Vistra by 12.3% during the first quarter. Money Concepts Capital Corp now owns 7,450 shares of the company’s stock worth $875,000 after buying an additional 815 shares during the last quarter. Institutional investors own 90.88% of the company’s stock.

VST has been the subject of a number of research reports. Wall Street Zen cut Vistra from a “hold” rating to a “sell” rating in a research note on Friday, September 5th. Melius Research raised Vistra to a “strong-buy” rating in a report on Wednesday, August 20th. TD Cowen started coverage on Vistra in a research report on Thursday, October 16th. They issued a “buy” rating and a $250.00 target price for the company. Weiss Ratings restated a “buy (b)” rating on shares of Vistra in a report on Wednesday, October 8th. Finally, UBS Group upped their price objective on Vistra from $207.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Four research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $229.31.

In other news, CEO James A. Burke sold 43,074 shares of Vistra stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $208.75, for a total transaction of $8,991,697.50. Following the completion of the transaction, the chief executive officer directly owned 217,025 shares in the company, valued at $45,303,968.75. This trade represents a 16.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold a total of 654,583 shares of company stock worth $134,542,882 in the last 90 days. Corporate insiders own 1.42% of the company’s stock.

NYSE VST opened at $201.62 on Friday. The firm has a market capitalization of $68.31 billion, a PE ratio of 32.16, a price-to-earnings-growth ratio of 2.86 and a beta of 1.33. The business’s 50-day moving average price is $199.45 and its two-hundred day moving average price is $178.94. The company has a current ratio of 0.90, a quick ratio of 0.80 and a debt-to-equity ratio of 6.58. Vistra Corp. has a 12 month low of $90.51 and a 12 month high of $219.82.

Vistra (NYSE:VST – Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $1.01 EPS for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.62). The company had revenue of $4.25 billion during the quarter, compared to analyst estimates of $5.15 billion. Vistra had a return on equity of 108.41% and a net margin of 12.90%. On average, analysts expect that Vistra Corp. will post 7 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 19th were paid a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 0.4%. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Friday, September 19th. Vistra’s payout ratio is 14.35%.

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.

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