Mediolanum International Funds Ltd Sells 69,521 Shares of Vistra Corp. $VST

Mediolanum International Funds Ltd cut its position in Vistra Corp. (NYSE:VST) by 92.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,728 shares of the company’s stock after selling 69,521 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Vistra were worth $845,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Empowered Funds LLC grew its position in shares of Vistra by 24.1% during the 1st quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock valued at $2,371,000 after purchasing an additional 3,920 shares in the last quarter. Woodline Partners LP raised its position in shares of Vistra by 40.7% in the first quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock worth $3,376,000 after buying an additional 8,312 shares in the last quarter. Focus Partners Wealth boosted its stake in Vistra by 37.3% during the first quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock valued at $920,000 after buying an additional 2,125 shares during the period. Sivia Capital Partners LLC bought a new stake in Vistra during the second quarter valued at $269,000. Finally, Slocum Gordon & Co LLP grew its position in Vistra by 20.0% during the second quarter. Slocum Gordon & Co LLP now owns 1,200 shares of the company’s stock worth $233,000 after buying an additional 200 shares in the last quarter. 90.88% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on VST. Raymond James Financial set a $208.00 target price on Vistra in a research note on Monday, April 27th. Jefferies Financial Group reiterated a “buy” rating and set a $190.00 price target on shares of Vistra in a research report on Thursday, May 21st. Sanford C. Bernstein set a $187.00 price objective on shares of Vistra and gave the stock an “outperform” rating in a research report on Tuesday, June 16th. TD Cowen decreased their price objective on shares of Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Finally, Scotiabank raised their target price on shares of Vistra from $293.00 to $298.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $230.62.

Insider Transactions at Vistra

In other Vistra news, CAO Margaret Montemayor sold 4,600 shares of Vistra stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $160.00, for a total transaction of $736,000.00. Following the transaction, the chief accounting officer directly owned 9,760 shares of the company’s stock, valued at approximately $1,561,600. This trade represents a 32.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Paul M. Barbas sold 244 shares of Vistra 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 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. Over the last 90 days, insiders have sold 41,588 shares of company stock worth $6,739,227. 0.92% of the stock is owned by corporate insiders.

Vistra Stock Up 2.7%

VST opened at $162.22 on Wednesday. The business’s fifty day simple moving average is $154.57 and its 200 day simple moving average is $158.37. Vistra Corp. has a 52 week low of $132.66 and a 52 week high of $219.82. 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 cap of $54.70 billion, a PE ratio of 27.17 and a beta of 1.40.

Vistra (NYSE:VST) last issued its quarterly earnings results 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. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The firm had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.22 billion. As a group, research analysts expect that Vistra Corp. will post 9.53 earnings per share for the current fiscal year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were given a $0.229 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Monday, June 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is presently 15.41%.

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.