Vistra (NYSE:VST) CAO Sells $824,800.00 in Stock

Vistra Corp. (NYSE:VST) CAO Margaret Montemayor sold 5,000 shares of Vistra stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total value of $824,800.00. Following the completion of the sale, the chief accounting officer directly owned 14,360 shares in the company, valued at $2,368,825.60. This trade represents a 25.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Vistra Trading Down 0.1%

Shares of VST stock opened at $160.10 on Monday. Vistra Corp. has a 12-month low of $132.66 and a 12-month high of $219.82. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. The stock’s 50-day moving average price is $154.20 and its 200-day moving average price is $161.89. The stock has a market capitalization of $53.98 billion, a price-to-earnings ratio of 26.82 and a beta of 1.40.

Vistra (NYSE:VST) last issued its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $1.55. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The firm had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.22 billion. Equities research analysts predict that Vistra Corp. will post 9.3 EPS for the current fiscal year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be issued a $0.229 dividend. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. This is a positive change from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, June 22nd. Vistra’s payout ratio is presently 15.24%.

Institutional Investors Weigh In On Vistra

Several large investors have recently added to or reduced their stakes in VST. Norges Bank bought a new stake in Vistra during the fourth quarter worth approximately $746,729,000. Capital World Investors bought a new stake in Vistra during the fourth quarter worth approximately $574,499,000. Rubric Capital Management LP bought a new stake in Vistra during the fourth quarter worth approximately $322,660,000. Amundi increased its stake in Vistra by 72.3% during the fourth quarter. Amundi now owns 1,949,568 shares of the company’s stock worth $314,524,000 after acquiring an additional 817,876 shares during the last quarter. Finally, Corient Private Wealth LLC increased its stake in Vistra by 585.0% during the fourth quarter. Corient Private Wealth LLC now owns 907,611 shares of the company’s stock worth $146,425,000 after acquiring an additional 775,104 shares during the last quarter. 90.88% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on VST. JPMorgan Chase & Co. reduced their target price on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. TD Cowen reduced their target price on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a report on Monday, May 4th. The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 target price on the stock in a report on Friday, February 6th. Wells Fargo & Company reduced 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. Finally, Jefferies Financial Group reissued a “buy” rating and set a $190.00 price objective on shares of Vistra in a research note on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $233.33.

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.