Vistra (NYSE:VST) Shares Down 1.9% – What’s Next?

Vistra Corp. (NYSE:VST)’s stock price traded down 1.9% on Friday . The stock traded as low as $136.61 and last traded at $137.16. Approximately 3,036,321 shares were traded during trading, a decline of 38% from the average daily volume of 4,903,502 shares. The stock had previously closed at $139.81.

Wall Street Analyst Weigh In

Several research analysts have commented on VST shares. BNP Paribas Exane set a $255.00 price target on Vistra in a research report on Wednesday, August 19th. Weiss Ratings cut Vistra from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, August 13th. Zacks Research downgraded shares of Vistra from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 18th. Mizuho began coverage on shares of Vistra in a research report on Monday, August 24th. They set an “outperform” rating and a $169.00 target price on the stock. Finally, Seaport Research Partners reiterated a “buy” rating and set a $230.00 target price on shares of Vistra in a research note on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $223.53.

Vistra Stock Down 1.9%

The firm has a 50 day moving average of $151.62 and a 200-day moving average of $155.48. The company has a debt-to-equity ratio of 5.87, a current ratio of 0.97 and a quick ratio of 0.87. The stock has a market capitalization of $46.04 billion, a P/E ratio of 23.17 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 return on equity of 108.68% and a net margin of 11.55%.The firm had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $5.46 billion. On average, equities research analysts expect that Vistra Corp. will post 9.21 earnings per share for the current fiscal year.

Vistra Increases Dividend

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

Insider Transactions at Vistra

In other Vistra news, Director Scott B. Helm sold 25,000 shares of Vistra stock in a transaction on 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 in the company, valued at $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, CAO Margaret Montemayor sold 4,600 shares of Vistra stock in a transaction on 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 $1,561,600. This represents a 32.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 36,588 shares of company stock valued at $5,914,427 in the last ninety days. 0.92% of the stock is owned by company insiders.

Institutional Investors Weigh In On Vistra

Several large investors have recently modified their holdings of VST. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Vistra during the 2nd quarter worth approximately $10,667,000. California State Teachers Retirement System grew its position in Vistra by 15,825.6% in the second quarter. California State Teachers Retirement System now owns 62,386,324 shares of the company’s stock valued at $9,896,343,000 after acquiring an additional 61,994,589 shares during the period. Greenland Capital Management LP bought a new stake in Vistra in the second quarter valued at $961,000. Ameritas Advisory Services LLC acquired a new position in Vistra during the second quarter worth $115,000. Finally, Saudi Central Bank raised its stake in Vistra by 89.5% during the second quarter. Saudi Central Bank now owns 23,698 shares of the company’s stock worth $3,759,000 after acquiring an additional 11,192 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors.

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.