Czech National Bank Buys 4,800 Shares of Vistra Corp. $VST

Czech National Bank lifted its stake in shares of Vistra Corp. (NYSE:VST) by 6.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 82,944 shares of the company’s stock after purchasing an additional 4,800 shares during the period. Czech National Bank’s holdings in Vistra were worth $16,075,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Dimensional Fund Advisors LP raised its stake in shares of Vistra by 0.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,190,462 shares of the company’s stock worth $492,102,000 after purchasing an additional 11,386 shares in the last quarter. Northern Trust Corp raised its stake in shares of Vistra by 1.9% during the 1st quarter. Northern Trust Corp now owns 3,083,842 shares of the company’s stock worth $362,166,000 after purchasing an additional 57,358 shares in the last quarter. Nuveen LLC bought a new stake in shares of Vistra during the 1st quarter worth approximately $209,149,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Vistra by 8.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,470,680 shares of the company’s stock worth $172,717,000 after purchasing an additional 118,230 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Vistra by 13.6% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,352,450 shares of the company’s stock worth $186,462,000 after purchasing an additional 161,743 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Vistra Price Performance

Shares of VST stock opened at $209.22 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 0.90 and a debt-to-equity ratio of 6.58. The company has a market cap of $70.89 billion, a P/E ratio of 33.37, a P/E/G ratio of 3.34 and a beta of 1.33. Vistra Corp. has a twelve month low of $88.89 and a twelve month high of $217.90. The business has a fifty day simple moving average of $197.31 and a 200 day simple moving average of $162.77.

Vistra (NYSE:VST) last posted its earnings results on Thursday, August 7th. The company reported $1.01 EPS for the quarter, missing the consensus estimate of $1.63 by ($0.62). The firm had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $5.15 billion. Vistra had a net margin of 12.90% and a return on equity of 108.41%. On average, sell-side analysts forecast that Vistra Corp. will post 7 EPS for the current fiscal year.

Vistra Increases Dividend

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

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Wall Street Zen cut shares of Vistra from a “hold” rating to a “sell” rating in a research report on Friday, September 5th. UBS Group lifted their target price on shares of Vistra from $207.00 to $230.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Melius began coverage on shares of Vistra in a report on Wednesday, August 20th. They set a “buy” rating and a $295.00 target price for the company. Jefferies Financial Group lifted their target price on shares of Vistra from $145.00 to $241.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Finally, BMO Capital Markets lifted their target price on shares of Vistra from $191.00 to $229.00 and gave the stock an “outperform” rating in a report on Tuesday, August 12th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $201.43.

Insider Buying and Selling

In other Vistra news, CEO James A. Burke sold 43,074 shares of the stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $208.75, for a total value 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 approximately $45,303,968.75. This trade represents a 16.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 105,402 shares of company stock valued at $21,742,629 in the last ninety days. 1.42% of the stock is currently owned by company insiders.

About Vistra

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.