Chilton Investment Co. Inc. Invests $261,000 in Vistra Corp. (NYSE:VST)

Chilton Investment Co. Inc. acquired a new position in Vistra Corp. (NYSE:VST) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 6,787 shares of the company’s stock, valued at approximately $261,000.

A number of other large investors also recently modified their holdings of the company. Lindbrook Capital LLC grew its stake in shares of Vistra by 64.4% in the fourth quarter. Lindbrook Capital LLC now owns 840 shares of the company’s stock valued at $32,000 after buying an additional 329 shares in the last quarter. DekaBank Deutsche Girozentrale grew its stake in Vistra by 2.3% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 17,214 shares of the company’s stock valued at $662,000 after purchasing an additional 384 shares in the last quarter. Advisors Asset Management Inc. grew its stake in Vistra by 3.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 11,090 shares of the company’s stock valued at $368,000 after purchasing an additional 405 shares in the last quarter. Blue Trust Inc. grew its stake in Vistra by 160.7% during 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 in the last quarter. Finally, Fifth Third Bancorp grew its stake in Vistra by 52.1% during the 4th quarter. Fifth Third Bancorp now owns 1,346 shares of the company’s stock valued at $52,000 after purchasing an additional 461 shares in the last quarter. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Vistra Price Performance

Shares of VST opened at $90.56 on Thursday. The firm has a market cap of $31.47 billion, a price-to-earnings ratio of 55.56 and a beta of 1.03. The stock has a 50 day moving average of $83.65 and a 200-day moving average of $59.62. 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 52 week low of $24.60 and a 52 week high of $107.24.

Vistra (NYSE:VST) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.39). The company had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $3.81 billion. Vistra had a return on equity of 24.72% and a net margin of 5.66%. As a group, analysts forecast that Vistra Corp. will post 3.8 EPS for the current year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Wednesday, June 19th will be issued a $0.218 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Tuesday, June 18th. This represents a $0.87 annualized dividend and a dividend yield of 0.96%. Vistra’s dividend payout ratio (DPR) is 53.37%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Evercore ISI raised their price objective on Vistra from $72.00 to $79.00 and gave the company an “outperform” rating in a research note on Thursday, April 4th. Morgan Stanley raised their price objective on Vistra from $86.00 to $110.00 and gave the company an “overweight” rating in a research note on Tuesday, May 28th. UBS Group raised their price objective on Vistra from $85.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, May 9th. BMO Capital Markets lifted their target price on Vistra from $79.00 to $109.00 and gave the stock an “outperform” rating in a research report on Friday, May 10th. Finally, Guggenheim upgraded Vistra to a “strong-buy” rating in a research report on Tuesday, May 7th. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $87.83.

Insider Buying and Selling

In related news, Director Lisa Crutchfield purchased 335 shares of the business’s stock in a transaction that occurred on Monday, June 10th. The shares were acquired at an average price of $89.46 per share, with a total value of $29,969.10. Following the acquisition, the director now owns 32,186 shares in the company, valued at approximately $2,879,359.56. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 1.42% of the company’s stock.

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.