Vistra Corp. $VST Shares Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of Vistra Corp. (NYSE:VST) by 166.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 138,800 shares of the company’s stock after acquiring an additional 86,800 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Vistra were worth $27,194,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Kirr Marbach & Co. LLC IN raised its position in shares of Vistra by 0.9% in the second quarter. Kirr Marbach & Co. LLC IN now owns 168,713 shares of the company’s stock valued at $32,698,000 after buying an additional 1,535 shares during the last quarter. ELCO Management Co. LLC acquired a new stake in Vistra during the second quarter worth approximately $499,000. FUKOKU MUTUAL LIFE INSURANCE Co purchased a new stake in Vistra in the 2nd quarter worth approximately $292,000. Peak Financial Advisors LLC acquired a new position in Vistra in the 2nd quarter valued at $547,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Vistra by 1.7% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,099,120 shares of the company’s stock worth $406,830,000 after purchasing an additional 35,444 shares during the period. Institutional investors and hedge funds own 90.88% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on VST shares. TD Cowen initiated coverage on Vistra in a research report on Thursday, October 16th. They issued a “buy” rating and a $250.00 price objective for the company. Jefferies Financial Group reissued a “hold” rating and issued a $230.00 price target (down from $241.00) on shares of Vistra in a research note on Monday, September 22nd. JPMorgan Chase & Co. lowered their price target on Vistra from $249.00 to $233.00 and set an “overweight” rating for the company in a report on Tuesday, December 16th. Daiwa Capital Markets upgraded shares of Vistra from a “neutral” rating to a “buy” rating and set a $250.00 price objective on the stock in a report on Wednesday, September 17th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $228.00 target price on shares of Vistra in a research report on Tuesday, December 16th. Four 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 stock. According to MarketBeat.com, Vistra has an average rating of “Buy” and a consensus target price of $232.40.

Insider Buying and Selling at Vistra

In other Vistra news, EVP Carrie Lee Kirby sold 58,275 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $174.75, for a total transaction of $10,183,556.25. Following the transaction, the executive vice president owned 218,239 shares in the company, valued at $38,137,265.25. The trade was a 21.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Scott A. Hudson sold 56,000 shares of the 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 sale, the executive vice president owned 306,600 shares of the company’s stock, valued at approximately $51,772,476. This trade represents a 15.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 532,316 shares of company stock valued at $102,961,901 in the last quarter. Company insiders own 1.42% of the company’s stock.

Vistra Stock Performance

Vistra stock opened at $162.65 on Wednesday. The company has a market cap of $55.11 billion, a price-to-earnings ratio of 58.72, a price-to-earnings-growth ratio of 2.69 and a beta of 1.39. Vistra Corp. has a 12 month low of $90.51 and a 12 month high of $219.82. 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 stock’s 50-day moving average is $175.93 and its 200-day moving average is $189.70.

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

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be issued a dividend of $0.227 per share. This represents a $0.91 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Monday, December 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is presently 32.49%.

Vistra Profile

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.