Voya Investment Management LLC Sells 9,711 Shares of Vistra Corp. $VST

Voya Investment Management LLC lowered its position in Vistra Corp. (NYSE:VST) by 1.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 596,796 shares of the company’s stock after selling 9,711 shares during the quarter. Voya Investment Management LLC owned approximately 0.18% of Vistra worth $116,924,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Norges Bank bought a new position in shares of Vistra during the 2nd quarter worth $930,080,000. Lone Pine Capital LLC lifted its stake in Vistra by 40.5% in the second quarter. Lone Pine Capital LLC now owns 6,469,719 shares of the company’s stock worth $1,253,896,000 after acquiring an additional 1,864,931 shares during the period. Alkeon Capital Management LLC increased its position in Vistra by 280.6% during the 2nd quarter. Alkeon Capital Management LLC now owns 1,356,357 shares of the company’s stock valued at $262,876,000 after purchasing an additional 1,000,000 shares during the period. Invesco Ltd. increased its position in Vistra by 25.2% during the 2nd quarter. Invesco Ltd. now owns 4,537,384 shares of the company’s stock valued at $879,390,000 after purchasing an additional 913,350 shares during the period. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Vistra by 2,341.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 865,562 shares of the company’s stock valued at $167,755,000 after purchasing an additional 830,111 shares in the last quarter. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Vistra Stock Performance

Shares of VST stock opened at $162.85 on Friday. Vistra Corp. has a 12-month low of $90.51 and a 12-month high of $219.82. The business’s fifty day simple moving average is $181.63 and its 200-day simple moving average is $189.91. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74. The company has a market cap of $55.18 billion, a PE ratio of 58.79, a PEG ratio of 2.87 and a beta of 1.39.

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

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be given a $0.227 dividend. This represents a $0.91 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, December 22nd. This is an increase from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is 32.49%.

Wall Street Analyst Weigh In

VST has been the topic of several research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a report on Monday. Wall Street Zen downgraded Vistra from a “hold” rating to a “sell” rating in a report on Friday, September 5th. BMO Capital Markets boosted their price target on Vistra from $236.00 to $245.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. KeyCorp initiated coverage on Vistra in a research note on Monday, November 24th. They set an “overweight” rating and a $217.00 price objective for the company. Finally, Cowen initiated coverage on Vistra in a research note on Wednesday, October 15th. They issued a “buy” rating on the stock. Four equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $232.40.

Insider Activity at Vistra

In other Vistra news, CEO James A. Burke sold 41,426 shares of the firm’s stock in a transaction on Monday, October 13th. The shares were sold at an average price of $201.32, for a total value of $8,339,882.32. Following the completion of the transaction, the chief executive officer owned 246,522 shares of the company’s stock, valued at approximately $49,629,809.04. This trade represents a 14.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Scott A. Hudson sold 56,000 shares of the business’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $168.86, for a total transaction of $9,456,160.00. Following the sale, the executive vice president directly owned 306,600 shares in the company, valued at $51,772,476. This trade represents a 15.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 699,743 shares of company stock valued at $136,926,878 in the last three months. 1.42% of the stock is owned by insiders.

About Vistra

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.