Pacer Advisors Inc. Sells 11,414 Shares of Vistra Corp. $VST

Pacer Advisors Inc. reduced its position in shares of Vistra Corp. (NYSE:VSTFree Report) by 30.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,086 shares of the company’s stock after selling 11,414 shares during the period. Pacer Advisors Inc.’s holdings in Vistra were worth $4,208,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Quent Capital LLC bought a new stake in shares of Vistra during the 3rd quarter worth $25,000. Archer Investment Corp boosted its holdings in shares of Vistra by 2,700.0% during the 3rd quarter. Archer Investment Corp now owns 140 shares of the company’s stock worth $27,000 after buying an additional 135 shares during the period. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in shares of Vistra during the 3rd quarter worth $28,000. Orion Capital Management LLC bought a new stake in shares of Vistra during the 3rd quarter worth $29,000. Finally, Salomon & Ludwin LLC boosted its holdings in shares of Vistra by 74.8% during the 4th quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock worth $35,000 after buying an additional 92 shares during the period. 90.88% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the stock in a transaction on Monday, March 9th. The shares were sold at an average price of $160.31, for a total value of $1,603,100.00. Following the completion of the sale, the executive vice president directly owned 114,409 shares of the company’s stock, valued at $18,340,906.79. This represents a 8.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.92% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

VST has been the subject of several recent analyst reports. Morgan Stanley reaffirmed an “overweight” rating and set a $208.00 price objective on shares of Vistra in a report on Tuesday, April 21st. The Goldman Sachs Group raised shares of Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective for the company in a report on Friday, February 6th. Jefferies Financial Group raised shares of Vistra from a “hold” rating to a “buy” rating and upped their price objective for the stock from $191.00 to $203.00 in a report on Tuesday, February 10th. JPMorgan Chase & Co. decreased their price objective on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Finally, Wells Fargo & Company decreased their price objective on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a report on Friday, February 27th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Vistra currently has a consensus rating of “Buy” and an average target price of $233.93.

Read Our Latest Stock Analysis on Vistra

Vistra Price Performance

Shares of Vistra stock opened at $142.56 on Thursday. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.69. Vistra Corp. has a fifty-two week low of $138.53 and a fifty-two week high of $219.82. The firm has a fifty day moving average price of $157.20 and a two-hundred day moving average price of $165.39. The company has a market cap of $48.07 billion, a PE ratio of 23.88, a price-to-earnings-growth ratio of 0.85 and a beta of 1.43.

Vistra (NYSE:VSTGet Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $1.55. Vistra had a net margin of 11.52% and a return on equity of 105.64%. The firm had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.22 billion. Analysts expect that Vistra Corp. will post 9.16 EPS for the current year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be issued a $0.229 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. Vistra’s payout ratio is currently 15.24%.

Key Stories Impacting Vistra

Here are the key news stories impacting Vistra this week:

Vistra Profile

(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.

See Also

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Institutional Ownership by Quarter for Vistra (NYSE:VST)

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