Entropy Technologies LP Takes Position in Vistra Corp. $VST

Entropy Technologies LP acquired a new stake in shares of Vistra Corp. (NYSE:VST) in the 4th quarter, HoldingsChannel reports. The fund acquired 68,448 shares of the company’s stock, valued at approximately $11,043,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of VST. Empowered Funds LLC raised its stake in shares of Vistra by 24.1% during the first quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock valued at $2,371,000 after acquiring an additional 3,920 shares during the last quarter. Woodline Partners LP raised its stake in shares of Vistra by 40.7% during the first quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock valued at $3,376,000 after acquiring an additional 8,312 shares during the last quarter. Focus Partners Wealth raised its stake in shares of Vistra by 37.3% during the first quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock valued at $920,000 after acquiring an additional 2,125 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Vistra during the second quarter valued at about $269,000. Finally, Slocum Gordon & Co LLP raised its stake in shares of Vistra by 20.0% during the second quarter. Slocum Gordon & Co LLP now owns 1,200 shares of the company’s stock valued at $233,000 after acquiring an additional 200 shares during the last quarter. 90.88% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Weiss Ratings raised shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Wells Fargo & Company decreased their price target on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Morgan Stanley reissued an “overweight” rating and issued a $212.00 price target on shares of Vistra in a research note on Thursday, May 21st. Jefferies Financial Group reissued a “buy” rating and issued a $190.00 price target on shares of Vistra in a research note on Thursday, May 21st. Finally, TD Cowen decreased their price target on shares of Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Vistra currently has a consensus rating of “Buy” and a consensus price target of $233.33.

Insider Activity at Vistra

In other news, CAO Margaret Montemayor sold 4,600 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $160.00, for a total transaction of $736,000.00. Following the sale, the chief accounting officer owned 9,760 shares in the company, valued at $1,561,600. This represents a 32.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.92% of the stock is currently owned by insiders.

Vistra Price Performance

Shares of VST opened at $148.01 on Friday. The stock has a market cap of $49.91 billion, a PE ratio of 24.79 and a beta of 1.40. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.79 and a current ratio of 0.90. Vistra Corp. has a fifty-two week low of $132.66 and a fifty-two week high of $219.82. The firm’s 50-day simple moving average is $153.53 and its two-hundred day simple moving average is $160.20.

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

Vistra Increases Dividend

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

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.