Teacher Retirement System of Texas Has $37.89 Million Position in Vistra Corp. $VST

Teacher Retirement System of Texas lifted its holdings in Vistra Corp. (NYSE:VSTFree Report) by 11.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 193,386 shares of the company’s stock after acquiring an additional 19,547 shares during the period. Teacher Retirement System of Texas owned approximately 0.06% of Vistra worth $37,888,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Salomon & Ludwin LLC acquired a new position in Vistra in the third quarter valued at approximately $25,000. Quent Capital LLC acquired a new stake in shares of Vistra during the 3rd quarter worth approximately $25,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Vistra in the 2nd quarter valued at $28,000. Anfield Capital Management LLC acquired a new position in shares of Vistra during the 2nd quarter valued at $29,000. Finally, City State Bank boosted its stake in Vistra by 210.0% during the second quarter. City State Bank now owns 155 shares of the company’s stock worth $30,000 after acquiring an additional 105 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on VST shares. KeyCorp assumed coverage on shares of Vistra in a research note on Monday, November 24th. They issued an “overweight” rating and a $217.00 price target for the company. Bank of America decreased their target price on Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a research report on Monday, January 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Vistra in a report on Monday, December 29th. Wells Fargo & Company reduced their price objective on Vistra from $238.00 to $236.00 and set an “overweight” rating for the company in a research note on Tuesday. Finally, Morgan Stanley set a $227.00 target price on Vistra in a research report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $239.20.

Read Our Latest Research Report on Vistra

Vistra Stock Performance

Shares of VST opened at $160.08 on Friday. The firm has a market capitalization of $54.24 billion, a P/E ratio of 57.79, a P/E/G ratio of 0.99 and a beta of 1.41. Vistra Corp. has a 52 week low of $90.51 and a 52 week high of $219.82. The stock has a 50 day moving average price of $167.47 and a two-hundred day moving average price of $186.84. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.88 and a current ratio of 0.99.

Vistra (NYSE:VSTGet Free Report) last posted its earnings results on Friday, November 7th. The company reported $1.75 earnings per share for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). Vistra had a net margin of 6.70% and a return on equity of 64.04%. The company had revenue of $4.97 billion during the quarter, compared to the consensus estimate of $6.60 billion. Equities analysts forecast that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Vistra Increases Dividend

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

Insider Activity

In related news, CEO James A. Burke sold 22,251 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $162.05, for a total transaction of $3,605,774.55. Following the transaction, the chief executive officer directly owned 297,998 shares in the company, valued at approximately $48,290,575.90. The trade was a 6.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Scott A. Hudson sold 56,000 shares of the company’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $168.86, for a total transaction of $9,456,160.00. Following the completion of the sale, the executive vice president directly owned 306,600 shares of the company’s stock, valued at $51,772,476. The trade was a 15.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 196,794 shares of company stock valued at $34,784,876 over the last quarter. 1.42% of the stock is owned by insiders.

About Vistra

(Free Report)

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.

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Institutional Ownership by Quarter for Vistra (NYSE:VST)

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