Vistra Corp. $VST Shares Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA boosted its holdings in Vistra Corp. (NYSE:VST) by 14.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 91,534 shares of the company’s stock after buying an additional 11,412 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in Vistra were worth $17,933,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Vistra during the 2nd quarter worth $28,000. Anfield Capital Management LLC acquired a new stake in shares of Vistra during the second quarter worth $29,000. City State Bank lifted its holdings in shares of Vistra by 210.0% during the second quarter. City State Bank now owns 155 shares of the company’s stock valued at $30,000 after purchasing an additional 105 shares during the last quarter. Laurel Wealth Advisors LLC lifted its holdings in shares of Vistra by 19,300.0% during the second quarter. Laurel Wealth Advisors LLC now owns 194 shares of the company’s stock valued at $38,000 after purchasing an additional 193 shares during the last quarter. Finally, NewSquare Capital LLC boosted its position in shares of Vistra by 65.9% in the 2nd quarter. NewSquare Capital LLC now owns 214 shares of the company’s stock valued at $41,000 after purchasing an additional 85 shares during the period. Institutional investors own 90.88% of the company’s stock.

Insider Transactions at Vistra

In related news, EVP Stephanie Zapata Moore sold 8,219 shares of Vistra stock in a transaction on Monday, November 24th. The stock was sold at an average price of $173.35, for a total transaction of $1,424,763.65. Following the completion of the sale, the executive vice president owned 79,854 shares of the company’s stock, valued at approximately $13,842,690.90. This trade represents a 9.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Scott A. Hudson sold 56,000 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $168.86, for a total value of $9,456,160.00. Following the completion of the transaction, the executive vice president owned 306,600 shares in the company, valued at $51,772,476. This trade represents a 15.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 742,469 shares of company stock valued at $145,999,322 in the last three months. 1.42% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have issued reports on VST. KeyCorp started coverage on Vistra in a report on Monday, November 24th. They set an “overweight” rating and a $217.00 price objective on the stock. Morgan Stanley reissued an “overweight” rating and issued a $228.00 target price on shares of Vistra in a research report on Tuesday. Wall Street Zen lowered shares of Vistra from a “hold” rating to a “sell” rating in a report on Friday, September 5th. Scotiabank started coverage on shares of Vistra in a research report on Monday, September 22nd. They issued a “sector outperform” rating and a $256.00 price target for the company. Finally, Evercore ISI lifted their price objective on shares of Vistra from $237.00 to $243.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Four equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $232.40.

Vistra Price Performance

Shares of VST opened at $173.44 on Wednesday. The business’s 50-day moving average is $184.11 and its 200-day moving average is $190.31. The company has a debt-to-equity ratio of 5.74, a current ratio of 0.99 and a quick ratio of 0.88. The company has a market capitalization of $58.76 billion, a price-to-earnings ratio of 62.61, a P/E/G ratio of 2.90 and a beta of 1.39. Vistra Corp. has a fifty-two week low of $90.51 and a fifty-two week high of $219.82.

Vistra (NYSE:VST) last announced its quarterly earnings data on Friday, November 7th. The company reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). The company had revenue of $4.97 billion for the quarter, compared to analysts’ expectations of $6.60 billion. Vistra had a net margin of 6.70% and a return on equity of 64.04%. Equities research analysts expect that Vistra Corp. will post 7 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be paid a $0.227 dividend. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, December 22nd. Vistra’s dividend payout ratio (DPR) is currently 32.49%.

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.