Vistra Corp. $VST Shares Sold by Hudson Capital Management LLC

Hudson Capital Management LLC reduced its position in Vistra Corp. (NYSE:VST) by 13.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,942 shares of the company’s stock after selling 5,277 shares during the quarter. Vistra comprises approximately 1.7% of Hudson Capital Management LLC’s investment portfolio, making the stock its 18th biggest holding. Hudson Capital Management LLC’s holdings in Vistra were worth $6,454,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. State Street Corp grew its stake in Vistra by 1.4% during the 2nd quarter. State Street Corp now owns 16,660,027 shares of the company’s stock worth $3,228,880,000 after buying an additional 226,514 shares during the last quarter. Lone Pine Capital LLC boosted its holdings in Vistra by 40.5% in the second quarter. Lone Pine Capital LLC now owns 6,469,719 shares of the company’s stock worth $1,253,896,000 after acquiring an additional 1,864,931 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Vistra by 4.4% during the second quarter. Massachusetts Financial Services Co. MA now owns 6,175,553 shares of the company’s stock worth $1,196,884,000 after acquiring an additional 258,983 shares during the last quarter. Norges Bank acquired a new position in shares of Vistra during the second quarter valued at about $930,080,000. Finally, Invesco Ltd. increased its holdings in shares of Vistra by 25.2% during the second quarter. Invesco Ltd. now owns 4,537,384 shares of the company’s stock valued at $879,390,000 after acquiring an additional 913,350 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling

In other Vistra news, EVP Stephanie Zapata Moore sold 8,219 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $173.35, for a total value of $1,424,763.65. Following the completion of the transaction, the executive vice president directly owned 79,854 shares of the company’s stock, valued at approximately $13,842,690.90. The trade was a 9.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO James A. Burke sold 22,251 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $162.05, for a total value of $3,605,774.55. Following the completion of the sale, the chief executive officer owned 297,998 shares in the company, valued at approximately $48,290,575.90. This represents a 6.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 510,945 shares of company stock worth $98,584,693 over the last ninety days. 1.42% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

VST has been the subject of a number of recent analyst reports. Morgan Stanley reiterated an “overweight” rating and issued a $228.00 target price on shares of Vistra in a research note on Tuesday, December 16th. Wells Fargo & Company began coverage on shares of Vistra in a research note on Monday, October 27th. They set an “overweight” rating and a $238.00 price objective for the company. Daiwa Capital Markets raised shares of Vistra from a “neutral” rating to a “buy” rating and set a $250.00 price objective on the stock in a report on Wednesday, September 17th. BMO Capital Markets upped their target price on Vistra from $236.00 to $245.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Finally, Jefferies Financial Group restated a “hold” rating and issued a $230.00 target price (down previously from $241.00) on shares of Vistra in a research note on Monday, September 22nd. Four equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $232.40.

Vistra Stock Down 0.8%

VST stock opened at $161.37 on Friday. The company has a market capitalization of $54.68 billion, a P/E ratio of 58.26, a price-to-earnings-growth ratio of 2.68 and a beta of 1.41. Vistra Corp. has a 12 month low of $90.51 and a 12 month high of $219.82. The firm’s fifty day simple moving average is $174.86 and its 200-day simple moving average is $189.31. The company has a debt-to-equity ratio of 5.74, a current ratio of 0.99 and a quick ratio of 0.88.

Vistra (NYSE:VST) last issued its earnings results on Friday, November 7th. The company reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.03). Vistra had a return on equity of 64.04% and a net margin of 6.70%.The business had revenue of $4.97 billion for the quarter, compared to analysts’ expectations of $6.60 billion. As a group, equities research analysts forecast that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were issued a $0.227 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.91 annualized dividend and a dividend yield of 0.6%. Vistra’s payout ratio is presently 32.85%.

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.