Vistra Corp. $VST Shares Sold by Aventail Capital Group LP

Aventail Capital Group LP lowered its stake in Vistra Corp. (NYSE:VST) by 74.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 24,931 shares of the company’s stock after selling 73,825 shares during the quarter. Aventail Capital Group LP’s holdings in Vistra were worth $4,022,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Vistra in the third quarter worth about $28,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Vistra in the fourth quarter worth about $25,000. Kemnay Advisory Services Inc. acquired a new stake in Vistra in the fourth quarter worth about $30,000. Triumph Capital Management acquired a new stake in Vistra in the third quarter worth about $38,000. Finally, Strive Asset Management LLC acquired a new stake in Vistra in the third quarter worth about $38,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Price Performance

Shares of Vistra stock opened at $158.57 on Thursday. 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 company’s 50-day moving average price is $153.85 and its two-hundred day moving average price is $159.72. Vistra Corp. has a 52 week low of $132.66 and a 52 week high of $219.82. The stock has a market cap of $53.47 billion, a PE ratio of 26.56 and a beta of 1.40.

Vistra (NYSE:VST) last issued its quarterly earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, topping the consensus estimate of $1.32 by $1.55. Vistra had a net margin of 11.52% and a return on equity of 105.64%. The firm had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.22 billion. As a group, sell-side analysts anticipate that Vistra Corp. will post 9.31 EPS for the current fiscal year.

Vistra Increases Dividend

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

Insider Activity

In other Vistra news, CAO Margaret Montemayor sold 4,600 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was 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 approximately $1,561,600. The trade was a 32.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Paul M. Barbas sold 244 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $153.00, for a total value of $37,332.00. Following the sale, the director owned 53,006 shares in the company, valued at approximately $8,109,918. The trade was a 0.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 10,088 shares of company stock worth $1,634,227. Corporate insiders own 0.92% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. BMO Capital Markets reaffirmed an “outperform” rating and issued a $241.00 price objective on shares of Vistra in a report on Monday, March 2nd. Weiss Ratings upgraded shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. JPMorgan Chase & Co. dropped their price target on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Morgan Stanley reiterated an “overweight” rating and issued a $212.00 price target on shares of Vistra in a research report on Thursday, May 21st. Finally, Raymond James Financial set a $208.00 price target on shares of Vistra in a research report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Vistra currently has an average rating of “Buy” and a consensus price target of $230.44.

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.