Forsta AP Fonden Raises Holdings in Vistra Corp. $VST

Forsta AP Fonden increased its stake in Vistra Corp. (NYSE:VST) by 54.5% in the 4th quarter, HoldingsChannel reports. The fund owned 71,700 shares of the company’s stock after acquiring an additional 25,300 shares during the period. Forsta AP Fonden’s holdings in Vistra were worth $11,567,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bridgewater Advisors Inc. grew its position in Vistra by 3.1% in the third quarter. Bridgewater Advisors Inc. now owns 1,787 shares of the company’s stock worth $350,000 after acquiring an additional 53 shares in the last quarter. Y.D. More Investments Ltd grew its position in Vistra by 7.1% in the third quarter. Y.D. More Investments Ltd now owns 916 shares of the company’s stock worth $168,000 after acquiring an additional 61 shares in the last quarter. Equitable Holdings Inc. grew its position in Vistra by 0.9% in the third quarter. Equitable Holdings Inc. now owns 7,045 shares of the company’s stock worth $1,380,000 after acquiring an additional 61 shares in the last quarter. SOA Wealth Advisors LLC. grew its position in Vistra by 21.7% in the fourth quarter. SOA Wealth Advisors LLC. now owns 365 shares of the company’s stock worth $59,000 after acquiring an additional 65 shares in the last quarter. Finally, Catalyst Financial Partners LLC grew its position in Vistra by 2.5% in the third quarter. Catalyst Financial Partners LLC now owns 2,798 shares of the company’s stock worth $548,000 after acquiring an additional 68 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Stock Down 0.1%

Shares of NYSE VST opened at $160.10 on Monday. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79. The company has a market cap of $53.98 billion, a P/E ratio of 26.82 and a beta of 1.40. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82. The firm has a 50-day simple moving average of $154.20 and a two-hundred day simple moving average of $161.89.

Vistra (NYSE:VST) last announced its quarterly earnings data on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $1.55. The business had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.22 billion. Vistra had a net margin of 11.52% and a return on equity of 105.64%. Research analysts anticipate that Vistra Corp. will post 9.3 earnings per share for the current year.

Vistra Increases Dividend

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

Insider Activity

In other Vistra news, CAO Margaret Montemayor sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $164.96, for a total value of $824,800.00. Following the completion of the sale, the chief accounting officer owned 14,360 shares of the company’s stock, valued at $2,368,825.60. This trade represents a 25.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Stephanie Zapata Moore sold 10,000 shares of Vistra stock in a transaction that occurred on 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 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. Additional details regarding this sale are available in the official SEC disclosure. 0.92% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently commented on VST shares. The Goldman Sachs Group upgraded Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price target for the company in a research report on Friday, February 6th. TD Cowen dropped their price target on Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research report on Monday, May 4th. BMO Capital Markets reiterated an “outperform” rating and issued a $241.00 price target on shares of Vistra in a research report on Monday, March 2nd. Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $212.00 price target on shares of Vistra in a research report on Thursday, May 21st. Two equities 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, the company currently has an average rating of “Buy” and an average target price of $233.33.

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.