ClearAlpha Technologies LP Takes Position in Vistra Corp. $VST

ClearAlpha Technologies LP bought a new stake in shares of Vistra Corp. (NYSE:VST) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,442 shares of the company’s stock, valued at approximately $878,000. Vistra accounts for about 2.5% of ClearAlpha Technologies LP’s portfolio, making the stock its 9th largest position.

A number of other institutional investors have also recently modified their holdings of the business. Bridgewater Advisors Inc. grew its position in shares of Vistra by 3.1% during the 3rd quarter. Bridgewater Advisors Inc. now owns 1,787 shares of the company’s stock valued at $350,000 after acquiring an additional 53 shares during the period. Y.D. More Investments Ltd grew its position in shares of Vistra by 7.1% during the 3rd quarter. Y.D. More Investments Ltd now owns 916 shares of the company’s stock valued at $168,000 after acquiring an additional 61 shares during the period. Equitable Holdings Inc. grew its position in shares of Vistra by 0.9% during the 3rd quarter. Equitable Holdings Inc. now owns 7,045 shares of the company’s stock valued at $1,380,000 after acquiring an additional 61 shares during the period. SOA Wealth Advisors LLC. grew its position in shares of Vistra by 21.7% during the 4th quarter. SOA Wealth Advisors LLC. now owns 365 shares of the company’s stock valued at $59,000 after acquiring an additional 65 shares during the period. Finally, UMB Bank n.a. grew its position in shares of Vistra by 3.8% during the 4th quarter. UMB Bank n.a. now owns 1,770 shares of the company’s stock valued at $286,000 after acquiring an additional 65 shares during the period. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Jefferies Financial Group restated a “buy” rating and set a $190.00 target price on shares of Vistra in a research report on Thursday, May 21st. Seaport Research Partners restated a “buy” rating and set a $230.00 target price on shares of Vistra in a research report on Monday. Raymond James Financial set a $208.00 target price on Vistra in a research report on Monday, April 27th. Weiss Ratings raised shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Vistra presently has a consensus rating of “Buy” and an average price target of $230.44.

Vistra Trading Down 0.0%

VST opened at $158.57 on Thursday. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79. The company’s 50 day simple moving average is $153.85 and its two-hundred day simple moving average is $159.72. Vistra Corp. has a 1-year low of $132.66 and a 1-year high of $219.82. The firm has a market capitalization of $53.47 billion, a price-to-earnings ratio of 26.56 and a beta of 1.40.

Vistra (NYSE:VST) last released its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, topping 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 business had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.22 billion. Analysts expect that Vistra Corp. will post 9.31 EPS for the current fiscal year.

Vistra Increases Dividend

The firm also recently announced 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. This is a positive change 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 dividend payout ratio is 15.24%.

Insider Buying and Selling

In other Vistra news, CAO Margaret Montemayor sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $164.96, for a total value of $824,800.00. Following the transaction, the chief accounting officer directly owned 14,360 shares of the company’s stock, valued at $2,368,825.60. This trade represents a 25.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Paul M. Barbas sold 244 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $153.00, for a total transaction of $37,332.00. Following the completion of the transaction, the director directly owned 53,006 shares in the company, valued at $8,109,918. This trade represents a 0.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 10,088 shares of company stock worth $1,634,227 over the last three months. Corporate insiders own 0.92% of the company’s stock.

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.