Pacer Advisors Inc. Has $4.21 Million Holdings in Vistra Corp. $VST

Pacer Advisors Inc. cut its holdings in shares of Vistra Corp. (NYSE:VST) by 30.4% in the fourth quarter, HoldingsChannel reports. The fund owned 26,086 shares of the company’s stock after selling 11,414 shares during the quarter. Pacer Advisors Inc.’s holdings in Vistra were worth $4,208,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of VST. Walser Wealth Management Company A Ltd Liability Co acquired a new position in shares of Vistra in the 4th quarter valued at about $271,000. Virtu Financial LLC boosted its holdings in shares of Vistra by 10.0% during the fourth quarter. Virtu Financial LLC now owns 26,937 shares of the company’s stock worth $4,346,000 after purchasing an additional 2,438 shares during the period. Mcguire Capital Advisors Inc. acquired a new stake in shares of Vistra during the fourth quarter worth approximately $28,000. Axxcess Wealth Management LLC grew its position in Vistra by 65.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 8,898 shares of the company’s stock valued at $1,436,000 after purchasing an additional 3,523 shares in the last quarter. Finally, Corient Private Wealth LLC increased its stake in Vistra by 585.0% in the 4th quarter. Corient Private Wealth LLC now owns 907,611 shares of the company’s stock valued at $146,425,000 after buying an additional 775,104 shares during the period. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Price Performance

NYSE VST opened at $167.35 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51. The stock has a market capitalization of $56.43 billion, a PE ratio of 28.03 and a beta of 1.40. Vistra Corp. has a 12-month low of $132.66 and a 12-month high of $219.82. The company has a 50 day moving average price of $154.49 and a two-hundred day moving average price of $159.50.

Vistra (NYSE:VST) last announced its quarterly earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, topping the consensus estimate of $1.32 by $1.55. The company had revenue of $5.64 billion for 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%. As a group, equities analysts predict that Vistra Corp. will post 9.31 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm 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 $0.229 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, June 22nd. Vistra’s dividend payout ratio is currently 15.24%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on VST shares. Jefferies Financial Group reiterated a “buy” rating and issued a $190.00 target price on shares of Vistra in a research report on Thursday, May 21st. Sanford C. Bernstein set a $187.00 price target on shares of Vistra and gave the company an “outperform” rating in a report on Tuesday, June 16th. Raymond James Financial set a $208.00 price target on shares of Vistra in a research note on Monday, April 27th. Seaport Research Partners reissued a “buy” rating and set a $230.00 price objective on shares of Vistra in a research report on Monday, June 15th. Finally, Morgan Stanley restated an “overweight” rating and issued a $212.00 target price on shares of Vistra in a research note on Thursday, May 21st. 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 company. According to data from MarketBeat.com, Vistra currently has a consensus rating of “Buy” and an average price target of $230.44.

Insiders Place Their Bets

In other Vistra news, CAO Margaret Montemayor sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total transaction of $824,800.00. Following the transaction, the chief accounting officer directly owned 14,360 shares in the company, valued at $2,368,825.60. This trade represents a 25.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Scott B. Helm sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $160.00, for a total value of $4,000,000.00. Following the completion of the sale, the director owned 232,200 shares of the company’s stock, valued at approximately $37,152,000. This trade represents a 9.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 35,088 shares of company stock valued at $5,634,227 over the last three months. 0.92% of the stock is currently owned by insiders.

Vistra Company Profile

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.