First Dallas Securities Inc. Sells 11,450 Shares of Vistra Corp. $VST

First Dallas Securities Inc. lowered its stake in shares of Vistra Corp. (NYSE:VST) by 72.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 4,270 shares of the company’s stock after selling 11,450 shares during the period. First Dallas Securities Inc.’s holdings in Vistra were worth $642,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VST. Equitable Holdings Inc. boosted its position 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 buying an additional 61 shares during the period. SOA Wealth Advisors LLC. increased its position in shares of Vistra by 21.7% during the fourth quarter. SOA Wealth Advisors LLC. now owns 365 shares of the company’s stock worth $59,000 after acquiring an additional 65 shares during the period. UMB Bank n.a. raised its stake in shares of Vistra by 3.8% during the fourth quarter. UMB Bank n.a. now owns 1,770 shares of the company’s stock valued at $286,000 after acquiring an additional 65 shares in the last quarter. Rothschild Investment LLC raised its stake in shares of Vistra by 2.9% during the fourth quarter. Rothschild Investment LLC now owns 2,409 shares of the company’s stock valued at $389,000 after acquiring an additional 68 shares in the last quarter. Finally, Outlook Wealth Advisors LLC boosted its holdings in shares of Vistra by 4.9% in the first quarter. Outlook Wealth Advisors LLC now owns 1,511 shares of the company’s stock valued at $227,000 after purchasing an additional 70 shares during the period. 90.88% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director John R. Sult sold 6,500 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $170.00, for a total transaction of $1,105,000.00. Following the completion of the sale, the director directly owned 70,714 shares in the company, valued at $12,021,380. This represents a 8.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Scott B. Helm sold 25,000 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $160.00, for a total value of $4,000,000.00. Following the sale, the director owned 232,200 shares of the company’s stock, valued at $37,152,000. This trade represents a 9.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 41,588 shares of company stock valued at $6,739,227. 0.92% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on VST shares. Sanford C. Bernstein set a $187.00 price objective on Vistra and gave the stock an “outperform” rating in a research note on Tuesday, June 16th. Seaport Research Partners reaffirmed a “buy” rating and set a $230.00 target price on shares of Vistra in a research report on Monday, June 15th. TD Cowen lowered their target price on Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a report on Monday, May 4th. Raymond James Financial set a $208.00 price target on Vistra in a research report on Monday, April 27th. Finally, Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $230.31.

Vistra Price Performance

NYSE VST opened at $150.98 on Friday. The company has a market cap of $50.91 billion, a PE ratio of 25.29 and a beta of 1.40. The firm’s 50 day moving average price is $154.37 and its 200-day moving average price is $158.92. 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 52-week low of $132.66 and a 52-week high of $219.82.

Vistra (NYSE:VST) last issued its quarterly earnings data on Thursday, May 7th. The company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $1.55. The company had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.22 billion. Vistra had a net margin of 11.52% and a return on equity of 105.64%. Sell-side analysts forecast that Vistra Corp. will post 9.52 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd were issued a $0.229 dividend. The ex-dividend date was Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.6%. This is a boost from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is 15.41%.

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.