NFJ Investment Group LLC Has $894,000 Position in Vistra Corp. $VST

NFJ Investment Group LLC boosted its stake in shares of Vistra Corp. (NYSE:VST) by 323.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,635 shares of the company’s stock after purchasing an additional 4,305 shares during the quarter. NFJ Investment Group LLC’s holdings in Vistra were worth $894,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Empowered Funds LLC grew its stake in Vistra by 24.1% in the 1st quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock valued at $2,371,000 after buying an additional 3,920 shares during the last quarter. Woodline Partners LP raised its holdings in Vistra by 40.7% in the 1st quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock worth $3,376,000 after acquiring an additional 8,312 shares during the period. Focus Partners Wealth lifted its position in Vistra by 37.3% during the 1st quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock worth $920,000 after acquiring an additional 2,125 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in Vistra during the second quarter valued at about $269,000. Finally, Slocum Gordon & Co LLP boosted its holdings in 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 period. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insider Transactions at Vistra

In other news, Director John R. Sult sold 6,500 shares of Vistra stock in a transaction that occurred 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 sale, the director owned 70,714 shares of the company’s stock, valued at approximately $12,021,380. This trade represents a 8.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Margaret Montemayor sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $164.96, for a total value of $824,800.00. Following the sale, the chief accounting officer owned 14,360 shares in the company, valued at approximately $2,368,825.60. This represents a 25.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 41,588 shares of company stock worth $6,739,227. Insiders own 0.92% of the company’s stock.

Vistra Stock Performance

NYSE:VST opened at $136.43 on Friday. The firm’s 50-day moving average is $153.73 and its 200-day moving average is $155.83. Vistra Corp. has a 52-week low of $132.66 and a 52-week high of $219.82. The company has a debt-to-equity ratio of 5.87, a quick ratio of 0.87 and a current ratio of 0.97. The company has a market cap of $45.79 billion, a price-to-earnings ratio of 23.05 and a beta of 1.41.

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

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be issued a $0.23 dividend. This is a positive change from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, September 21st. This represents a $0.92 annualized dividend and a yield of 0.7%. Vistra’s payout ratio is currently 15.54%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on VST shares. Weiss Ratings downgraded Vistra from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, August 13th. Zacks Research cut Vistra from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. JPMorgan Chase & Co. decreased their target price on Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. BNP Paribas Exane set a $255.00 target price on Vistra in a report on Wednesday. Finally, UBS Group dropped their price target on Vistra from $233.00 to $227.00 and set a “buy” rating on the stock in a research report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $226.94.

Vistra 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.