Vistra Corp. $VST Shares Sold by Milestone Asset Management LLC

Milestone Asset Management LLC trimmed its position in Vistra Corp. (NYSE:VST) by 14.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 23,903 shares of the company’s stock after selling 4,192 shares during the quarter. Milestone Asset Management LLC’s holdings in Vistra were worth $3,856,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bridgewater Advisors Inc. lifted its holdings in shares of Vistra by 3.1% in the third quarter. Bridgewater Advisors Inc. now owns 1,787 shares of the company’s stock valued at $350,000 after buying an additional 53 shares during the period. Y.D. More Investments Ltd raised its position in Vistra by 7.1% in the third quarter. Y.D. More Investments Ltd now owns 916 shares of the company’s stock worth $168,000 after acquiring an additional 61 shares in the last quarter. Equitable Holdings Inc. lifted its holdings in Vistra by 0.9% in the 3rd quarter. Equitable Holdings Inc. now owns 7,045 shares of the company’s stock valued at $1,380,000 after acquiring an additional 61 shares during the last quarter. Ballentine Partners LLC lifted its holdings in Vistra by 2.0% in the 3rd quarter. Ballentine Partners LLC now owns 3,275 shares of the company’s stock valued at $642,000 after acquiring an additional 63 shares during the last quarter. Finally, Wealth Effects LLC boosted its position in shares of Vistra by 1.1% during the 3rd quarter. Wealth Effects LLC now owns 5,782 shares of the company’s stock valued at $1,133,000 after purchasing an additional 65 shares in the last quarter. 90.88% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

VST has been the topic of a number of research reports. Scotiabank boosted their target price on shares of Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. UBS Group lifted their price target on shares of Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Jefferies Financial Group upgraded Vistra from a “hold” rating to a “buy” rating and increased their price objective for the company from $191.00 to $203.00 in a research report on Tuesday, February 10th. BMO Capital Markets reiterated an “outperform” rating and set a $241.00 price objective on shares of Vistra in a research report on Monday, March 2nd. Finally, Wells Fargo & Company decreased their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $236.40.

Vistra Stock Performance

Shares of VST opened at $155.67 on Thursday. The company has a 50-day moving average of $161.23 and a two-hundred day moving average of $169.73. The stock has a market cap of $52.70 billion, a price-to-earnings ratio of 71.74, a PEG ratio of 0.94 and a beta of 1.49. The company has a debt-to-equity ratio of 6.01, a current ratio of 0.78 and a quick ratio of 0.69. Vistra Corp. has a one year low of $118.33 and a one year high of $219.82.

Vistra (NYSE:VST) last issued its quarterly earnings results on Thursday, February 26th. The company reported $2.18 EPS for the quarter, missing the consensus estimate of $2.45 by ($0.27). Vistra had a net margin of 5.32% and a return on equity of 81.09%. The firm had revenue of $4.58 billion during the quarter, compared to analysts’ expectations of $5.75 billion. On average, equities research analysts expect that Vistra Corp. will post 8.72 earnings per share for the current year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 20th were paid a dividend of $0.228 per share. This is an increase from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Friday, March 20th. This represents a $0.91 annualized dividend and a yield of 0.6%. Vistra’s dividend payout ratio (DPR) is presently 41.94%.

Insider Activity

In other news, EVP Stephanie Zapata Moore sold 10,000 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $160.31, for a total value of $1,603,100.00. Following the completion of the sale, the executive vice president owned 114,409 shares of the company’s stock, valued at $18,340,906.79. This trade represents a 8.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.92% of the stock is owned by insiders.

Vistra Company 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.