Thrivent Financial for Lutherans Raises Stock Position in Vistra Corp. $VST

Thrivent Financial for Lutherans grew its holdings in Vistra Corp. (NYSE:VST) by 3.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 575,945 shares of the company’s stock after buying an additional 19,968 shares during the period. Thrivent Financial for Lutherans owned approximately 0.17% of Vistra worth $92,927,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in VST. Quent Capital LLC bought a new stake in shares of Vistra in the 3rd quarter worth about $25,000. Archer Investment Corp lifted its holdings in shares of Vistra by 2,700.0% in the 3rd quarter. Archer Investment Corp now owns 140 shares of the company’s stock worth $27,000 after acquiring an additional 135 shares during the last quarter. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in shares of Vistra in the 3rd quarter worth about $28,000. Orion Capital Management LLC bought a new stake in shares of Vistra in the 3rd quarter worth about $29,000. Finally, Triumph Capital Management bought a new stake in shares of Vistra in the 3rd quarter worth about $38,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of Vistra stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the completion of the sale, the executive vice president owned 114,409 shares in the company, valued at $18,340,906.79. This trade represents a 8.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.92% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. TD Cowen lowered their target price on shares of Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a report on Monday, May 4th. BMO Capital Markets restated an “outperform” rating and issued a $241.00 target price on shares of Vistra in a report on Monday, March 2nd. Wells Fargo & Company lowered their target price 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. Finally, JPMorgan Chase & Co. lowered their target price 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. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $233.93.

Vistra Trading Down 1.4%

Shares of VST opened at $139.92 on Friday. Vistra Corp. has a 1-year low of $137.81 and a 1-year high of $219.82. The company has a 50-day moving average of $156.34 and a 200 day moving average of $164.79. The firm has a market capitalization of $47.18 billion, a price-to-earnings ratio of 23.44, a PEG ratio of 0.81 and a beta of 1.43. 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 (NYSE:VST) last announced its quarterly earnings data 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 company had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.22 billion. On average, research analysts expect that Vistra Corp. will post 9.31 EPS for the current year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 22nd will be issued a dividend of $0.229 per share. This represents a $0.92 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, June 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is 15.24%.

About Vistra

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.