Yousif Capital Management LLC Has $6.37 Million Stock Position in Vistra Corp. (NYSE:VST)

Yousif Capital Management LLC lowered its holdings in Vistra Corp. (NYSE:VST) by 2.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 165,317 shares of the company’s stock after selling 3,864 shares during the period. Yousif Capital Management LLC’s holdings in Vistra were worth $6,368,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VST. FinTrust Capital Advisors LLC acquired a new stake in Vistra in the 3rd quarter valued at approximately $26,000. Blue Trust Inc. grew its holdings in Vistra by 160.7% in the 4th quarter. Blue Trust Inc. now owns 717 shares of the company’s stock valued at $28,000 after buying an additional 442 shares during the last quarter. Fifth Third Bancorp acquired a new stake in Vistra in the 3rd quarter valued at approximately $29,000. Lindbrook Capital LLC grew its holdings in Vistra by 64.4% in the 4th quarter. Lindbrook Capital LLC now owns 840 shares of the company’s stock valued at $32,000 after buying an additional 329 shares during the last quarter. Finally, Rise Advisors LLC acquired a new stake in Vistra in the 4th quarter valued at approximately $35,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Trading Up 2.9 %

VST stock opened at $72.47 on Friday. The company has a market cap of $25.21 billion, a P/E ratio of 20.24 and a beta of 1.05. Vistra Corp. has a twelve month low of $22.67 and a twelve month high of $75.89. The company has a quick ratio of 1.11, a current ratio of 1.18 and a debt-to-equity ratio of 4.26. The business has a fifty day moving average of $62.55 and a 200-day moving average of $45.98.

Vistra (NYSE:VST) last released its earnings results on Wednesday, February 28th. The company reported ($0.48) earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($1.02). The firm had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $5.48 billion. Vistra had a return on equity of 20.05% and a net margin of 10.10%. As a group, equities research analysts expect that Vistra Corp. will post 3.57 EPS for the current year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Wednesday, March 20th were given a dividend of $0.215 per share. The ex-dividend date of this dividend was Tuesday, March 19th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.19%. This is an increase from Vistra’s previous quarterly dividend of $0.21. Vistra’s payout ratio is presently 24.02%.

Insider Transactions at Vistra

In other news, EVP Carrie Lee Kirby sold 72,748 shares of the business’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $62.63, for a total transaction of $4,556,207.24. Following the completion of the sale, the executive vice president now owns 184,201 shares in the company, valued at $11,536,508.63. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, EVP Stephanie Zapata Moore sold 98,020 shares of Vistra stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total transaction of $5,734,170.00. Following the completion of the sale, the executive vice president now directly owns 161,888 shares of the company’s stock, valued at $9,470,448. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Carrie Lee Kirby sold 72,748 shares of Vistra stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $62.63, for a total value of $4,556,207.24. Following the sale, the executive vice president now directly owns 184,201 shares of the company’s stock, valued at $11,536,508.63. The disclosure for this sale can be found here. Insiders sold a total of 257,285 shares of company stock worth $15,404,397 over the last 90 days. 1.42% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on VST shares. BMO Capital Markets lifted their price objective on Vistra from $52.00 to $60.00 and gave the stock an “outperform” rating in a report on Monday, March 4th. Morgan Stanley restated an “overweight” rating and set a $78.00 target price on shares of Vistra in a research report on Monday, March 25th. Evercore ISI raised their target price on Vistra from $72.00 to $79.00 and gave the stock an “outperform” rating in a research report on Thursday, April 4th. Finally, Janney Montgomery Scott initiated coverage on Vistra in a research report on Thursday, April 18th. They set a “buy” rating and a $82.00 target price for the company. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $67.20.

Vistra Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.