Quantum Portfolio Management LLC Grows Stake in Vistra Corp. $VST

Quantum Portfolio Management LLC increased its position in Vistra Corp. (NYSE:VST) by 102.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,195 shares of the company’s stock after acquiring an additional 6,167 shares during the period. Vistra comprises about 0.7% of Quantum Portfolio Management LLC’s investment portfolio, making the stock its 29th biggest holding. Quantum Portfolio Management LLC’s holdings in Vistra were worth $2,389,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Salomon & Ludwin LLC purchased a new position in Vistra in the third quarter worth about $25,000. Quent Capital LLC bought a new position in shares of Vistra in the 3rd quarter worth approximately $25,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Vistra in the second quarter worth approximately $28,000. Anfield Capital Management LLC bought a new stake in Vistra during the second quarter valued at approximately $29,000. Finally, City State Bank grew its position in Vistra by 210.0% during the second quarter. City State Bank now owns 155 shares of the company’s stock valued at $30,000 after buying an additional 105 shares during the period. Institutional investors own 90.88% of the company’s stock.

Insider Activity at Vistra

In other news, EVP Stephanie Zapata Moore sold 8,219 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $173.35, for a total value of $1,424,763.65. Following the transaction, the executive vice president 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO James A. Burke sold 22,251 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $162.05, for a total transaction of $3,605,774.55. Following the transaction, the chief executive officer owned 297,998 shares of the company’s stock, valued at approximately $48,290,575.90. This represents a 6.95% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 257,624 shares of company stock valued at $46,385,682. Corporate insiders own 1.42% of the company’s stock.

Vistra Trading Down 7.4%

Shares of VST stock opened at $166.93 on Monday. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.88 and a current ratio of 0.99. The stock has a fifty day simple moving average of $169.20 and a two-hundred day simple moving average of $187.87. The firm has a market capitalization of $56.56 billion, a PE ratio of 60.26, a PEG ratio of 1.03 and a beta of 1.41. Vistra Corp. has a 52-week low of $90.51 and a 52-week high of $219.82.

Vistra (NYSE:VST) last announced its quarterly earnings data on Friday, November 7th. The company reported $1.75 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.03). Vistra had a net margin of 6.70% and a return on equity of 64.04%. The business had revenue of $4.97 billion during the quarter, compared to analysts’ expectations of $6.60 billion. On average, analysts predict that Vistra Corp. will post 7 EPS for the current fiscal year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were paid a $0.227 dividend. This represents a $0.91 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, December 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is currently 32.85%.

Analyst Ratings Changes

Several research firms have weighed in on VST. Morgan Stanley reiterated an “overweight” rating and issued a $228.00 price target on shares of Vistra in a research report on Tuesday, December 16th. Cowen began coverage on Vistra in a report on Wednesday, October 15th. They issued a “buy” rating on the stock. Evercore ISI boosted their price target on Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Bank of America reduced their price target on Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a research report on Monday, January 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vistra in a research report on Monday, December 29th. Four analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Vistra presently has a consensus rating of “Buy” and an average price target of $239.40.

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.