Commonwealth of Pennsylvania Public School Empls Retrmt SYS Boosts Stock Position in Vistra Corp. $VST

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Vistra Corp. (NYSE:VSTFree Report) by 125.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 166,691 shares of the company’s stock after purchasing an additional 92,607 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Vistra were worth $25,059,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of VST. Fifth Third Bancorp raised its stake in shares of Vistra by 95.1% during the first quarter. Fifth Third Bancorp now owns 177,199 shares of the company’s stock worth $26,638,000 after purchasing an additional 86,393 shares during the last quarter. Candriam S.C.A. grew its position in Vistra by 2.9% in the 1st quarter. Candriam S.C.A. now owns 4,978 shares of the company’s stock valued at $748,000 after buying an additional 140 shares during the last quarter. Peterson Wealth Services purchased a new position in Vistra in the 1st quarter valued at $3,296,000. Kestra Advisory Services LLC increased its stake in Vistra by 132.7% in the 1st quarter. Kestra Advisory Services LLC now owns 92,117 shares of the company’s stock valued at $13,848,000 after buying an additional 52,529 shares during the period. Finally, Money Concepts Capital Corp increased its stake in Vistra by 17.8% in the 1st quarter. Money Concepts Capital Corp now owns 11,665 shares of the company’s stock valued at $1,754,000 after buying an additional 1,760 shares during the period. Institutional investors and hedge funds own 90.88% of the company’s stock.

Analyst Ratings Changes

VST has been the subject of several recent analyst reports. Sanford C. Bernstein set a $187.00 target price on shares of Vistra and gave the stock an “outperform” rating in a research note on Tuesday, June 16th. TD Cowen dropped their price target on shares of Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. JPMorgan Chase & Co. cut their price target on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Seaport Research Partners restated a “buy” rating and issued a $230.00 price objective on shares of Vistra in a research report on Monday, June 15th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $210.00 price objective on shares of Vistra in a report on Wednesday, June 24th. Two 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. Based on data from MarketBeat.com, Vistra has a consensus rating of “Buy” and a consensus target price of $230.31.

Get Our Latest Analysis on Vistra

Vistra Trading Up 0.1%

NYSE:VST opened at $159.05 on Monday. The stock has a fifty day moving average price of $154.02 and a two-hundred day moving average price of $158.57. The stock has a market capitalization of $53.63 billion, a price-to-earnings ratio of 26.64 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 1 year low of $132.66 and a 1 year high of $219.82.

Vistra (NYSE:VSTGet Free Report) last issued its 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 company had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.22 billion. As a group, sell-side analysts anticipate that Vistra Corp. will post 9.52 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were paid 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 was Monday, June 22nd. Vistra’s dividend payout ratio (DPR) is 15.41%.

Insider Activity at Vistra

In related news, Director Scott B. Helm sold 25,000 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $160.00, for a total transaction of $4,000,000.00. Following the sale, the director owned 232,200 shares of the company’s stock, valued at approximately $37,152,000. The trade was a 9.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John R. Sult sold 6,500 shares of the company’s stock in a transaction dated 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 transaction, the director owned 70,714 shares in the company, valued at $12,021,380. The trade was a 8.42% decrease in their ownership of the stock. 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. Insiders have sold 41,588 shares of company stock worth $6,739,227 over the last three months. 0.92% of the stock is currently owned by company insiders.

About Vistra

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Vistra (NYSE:VST)

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