5 Best Utility Stocks to Invest In

4. Vistra Corp. (NYSE: VST)

Number of Hedge Fund Holders: 46

Vistra Corp. (NYSE:VST) ranks 4th on the 15 best utility stocks to invest in. The Texas-based energy company markets wholesale energy, commodity risk management, and retail sales of electricity to end-users. Vistra Corp. (NYSE:VST) has over 5 million customers worldwide.

Vistra Corp. (NYSE:VST) has soared 12% in the last three months. Guggenheim analyst Shahriar Pourreza upgraded the stock to a Buy rating from a Neutral with a $24 price target. The analyst mentioned that recent favorable data points in both policy and commodities had developed confidence in the company’s total free cash flow generation.

The company has a market cap of $9.21 billion and offers a dividend yield of 3.14%. In the first quarter of 2021, Vistra Corp. (NYSE:VST) had an EPS of $1.96, beating estimates of $1.83. The company’s first-quarter revenue came in at $191.19 million, beating revenue estimates of $183.63 million. Shares of Vistra Corp. (NYSE:VST) increased 4% in the last twelve months.

There were 47 hedge funds that reported owning stakes in Vistra Corp. (NYSE:VST) at the end of the first quarter. The total value of these stakes at the end of Q1 is $1.25 billion.