Vistra (NYSE:VST) CAO Sells $824,800.00 in Stock

Vistra Corp. (NYSE:VST) CAO Margaret Montemayor sold 5,000 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $164.96, for a total transaction of $824,800.00. Following the sale, the chief accounting officer directly owned 14,360 shares of the company’s stock, valued at $2,368,825.60. This represents a 25.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Vistra Trading Down 0.1%

Shares of VST traded down $0.18 during trading hours on Friday, reaching $160.10. 3,780,835 shares of the company traded hands, compared to its average volume of 5,692,440. The firm has a market cap of $53.98 billion, a price-to-earnings ratio of 26.82 and a beta of 1.43. Vistra Corp. has a 12-month low of $132.66 and a 12-month high of $219.82. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. The stock’s fifty day moving average price is $154.20 and its 200 day moving average price is $162.07.

Vistra (NYSE:VST) last issued its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $1.55. The firm had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.22 billion. Vistra had a net margin of 11.52% and a return on equity of 105.64%. Sell-side analysts forecast that Vistra Corp. will post 9.3 earnings per share for the current year.

Vistra Increases Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on VST. 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 research note on Thursday, April 30th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $190.00 price objective on shares of Vistra in a research note on Thursday, May 21st. Weiss Ratings raised shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. TD Cowen lowered their price objective on shares of Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, May 4th. Finally, 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 research note on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Vistra has an average rating of “Buy” and an average target price of $233.33.

Hedge Funds Weigh In On Vistra

A number of large investors have recently added to or reduced their stakes in VST. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Vistra in the fourth quarter worth about $25,000. Archer Investment Corp raised its holdings in Vistra by 2,700.0% in the third quarter. Archer Investment Corp now owns 140 shares of the company’s stock worth $27,000 after purchasing an additional 135 shares in the last quarter. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in Vistra in the third quarter worth about $28,000. Mcguire Capital Advisors Inc. bought a new position in Vistra in the fourth quarter worth about $28,000. Finally, Kemnay Advisory Services Inc. bought a new position in Vistra in the fourth quarter worth about $30,000. 90.88% of the stock is currently owned by institutional investors.

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.