Energy Income Partners LLC Makes New $75.70 Million Investment in Vistra Corp. $VST

Energy Income Partners LLC bought a new position in shares of Vistra Corp. (NYSE:VST) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 477,199 shares of the company’s stock, valued at approximately $75,698,000. Energy Income Partners LLC owned about 0.14% of Vistra at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in VST. K2 Principal Fund L.P. purchased a new position in Vistra during the second quarter worth approximately $1,917,000. Alpine Woods Capital Investors LLC purchased a new stake in Vistra in the 2nd quarter valued at $1,057,000. Meeder Advisory Services Inc. purchased a new stake in Vistra in the 2nd quarter valued at $1,596,000. BlackRock Inc. acquired a new stake in shares of Vistra in the 2nd quarter worth $4,610,496,000. Finally, Objectivity Squared LLC acquired a new stake in shares of Vistra in the 2nd quarter worth $2,050,000. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Vistra Stock Performance

NYSE VST opened at $140.39 on Wednesday. The stock has a fifty day simple moving average of $154.02 and a 200-day simple moving average of $156.25. The company has a current ratio of 0.97, a quick ratio of 0.87 and a debt-to-equity ratio of 5.87. The stock has a market cap of $47.12 billion, a PE ratio of 23.71 and a beta of 1.41. Vistra Corp. has a twelve month low of $132.66 and a twelve month high of $219.82.

Vistra (NYSE:VST) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by ($0.85). The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $5.46 billion. Vistra had a net margin of 11.55% and a return on equity of 108.68%. Equities analysts anticipate that Vistra Corp. will post 9.23 earnings per share for the current year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be issued a $0.23 dividend. The ex-dividend date is Monday, September 21st. This represents a $0.92 annualized dividend and a dividend yield of 0.7%. This is an increase from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is currently 15.54%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. TD Cowen lowered their price target on shares of Vistra from $230.00 to $222.00 and set a “buy” rating on the stock in a research report on Monday, July 27th. Wells Fargo & Company restated an “overweight” rating and set a $212.00 price objective on shares of Vistra in a research report on Monday, August 10th. Scotiabank lifted their target price on shares of Vistra from $293.00 to $298.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. Seaport Research Partners reiterated a “buy” rating and issued a $230.00 target price on shares of Vistra in a report on Monday, June 15th. Finally, Morgan Stanley increased their price target on shares of Vistra from $208.00 to $212.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Three equities research 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 company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $228.56.

Insider Activity at Vistra

In other Vistra news, Director Paul M. Barbas sold 244 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at $8,109,918. The trade was a 0.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 on Thursday, June 18th. The stock was sold at an average price of $170.00, for a total value of $1,105,000.00. Following the transaction, the director owned 70,714 shares in the company, valued at $12,021,380. This trade represents 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. Over the last 90 days, insiders sold 41,588 shares of company stock worth $6,739,227. Company insiders own 0.92% of the company’s stock.

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.