Vistra (NYSE:VST) CAO Margaret Montemayor Sells 4,600 Shares

Vistra Corp. (NYSE:VST) CAO Margaret Montemayor sold 4,600 shares of Vistra stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $160.00, for a total value of $736,000.00. Following the completion of the transaction, the chief accounting officer directly owned 9,760 shares in the company, valued at $1,561,600. This trade represents a 32.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Margaret Montemayor also recently made the following trade(s):

• On Wednesday, May 27th, Margaret Montemayor sold 5,000 shares of Vistra stock. The stock was sold at an average price of $164.96, for a total value of $824,800.00.

Vistra Price Performance

Shares of Vistra stock opened at $153.66 on Friday. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79. The business’s 50 day simple moving average is $154.26 and its two-hundred day simple moving average is $161.31. The stock has a market capitalization of $51.81 billion, a P/E ratio of 25.74 and a beta of 1.40. Vistra Corp. has a one year low of $132.66 and a one year high of $219.82.

Vistra (NYSE:VST) last announced its quarterly earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $1.55. The business had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. Analysts forecast that Vistra Corp. will post 9.3 EPS for the current year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be paid a $0.229 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. Vistra’s payout ratio is presently 15.24%.

Institutional Trading of Vistra

Large investors have recently bought and sold shares of the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Vistra in the fourth quarter worth $25,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in Vistra in the third quarter worth $28,000. Mcguire Capital Advisors Inc. bought a new stake in Vistra in the fourth quarter worth $28,000. Kemnay Advisory Services Inc. bought a new stake in Vistra in the fourth quarter worth $30,000. Finally, Strive Financial Group LLC bought a new stake in Vistra in the fourth quarter worth $33,000. 90.88% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price target on the stock in a research note on Friday, February 6th. Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. JPMorgan Chase & Co. cut their price objective on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Jefferies Financial Group reiterated a “buy” rating and issued a $190.00 price objective on shares of Vistra in a research report on Thursday, May 21st. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $241.00 price objective on shares of Vistra in a research report on Monday, March 2nd. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $233.33.

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.