795,079 Shares in Vistra Corp. $VST Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Vistra Corp. (NYSE:VST) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 795,079 shares of the company’s stock, valued at approximately $126,123,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VST. Beverly Hills Private Wealth LLC acquired a new stake in shares of Vistra during the 2nd quarter valued at $4,892,000. OneDigital Investment Advisors LLC acquired a new position in shares of Vistra in the second quarter worth $653,000. Avise Financial Cooperative Inc. purchased a new stake in shares of Vistra during the second quarter worth $559,000. Roman Butler Fullerton & Co. purchased a new stake in shares of Vistra during the second quarter worth $452,000. Finally, Simplicity Wealth LLC purchased a new stake in shares of Vistra during the second quarter worth $2,339,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling

In other Vistra news, CAO Margaret Montemayor sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total transaction 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 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 through the SEC website. Also, Director John R. Sult sold 6,500 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $170.00, for a total value of $1,105,000.00. Following the transaction, the director owned 70,714 shares in the company, valued at approximately $12,021,380. This trade represents a 8.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 41,588 shares of company stock worth $6,739,227. Insiders own 0.92% of the company’s stock.

Vistra Stock Down 3.9%

VST stock opened at $140.39 on Wednesday. The firm has a market cap of $47.12 billion, a PE ratio of 23.71 and a beta of 1.41. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82. The company has a fifty day simple moving average of $154.02 and a 200 day simple moving average of $156.25. The company has a current ratio of 0.97, a quick ratio of 0.87 and a debt-to-equity ratio of 5.87.

Vistra (NYSE:VST) last posted its earnings results on Friday, August 7th. The company reported $0.76 EPS for the quarter, missing the consensus estimate of $1.61 by ($0.85). Vistra had a return on equity of 108.68% and a net margin of 11.55%.The business had revenue of $4.02 billion for the quarter, compared to analyst estimates of $5.46 billion. Sell-side analysts anticipate that Vistra Corp. will post 9.23 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be issued a dividend of $0.23 per share. The ex-dividend date of this dividend is Monday, September 21st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.7%. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is currently 15.54%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on VST. Raymond James Financial set a $208.00 target price on Vistra in a research note on Monday, April 27th. TD Cowen cut their price target on Vistra from $230.00 to $222.00 and set a “buy” rating for the company in a research note on Monday, July 27th. Morgan Stanley lifted their price target on Vistra from $208.00 to $212.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. UBS Group lowered their price target on Vistra from $233.00 to $227.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. Finally, Sanford C. Bernstein set a $187.00 price objective on Vistra and gave the stock an “outperform” rating in a report on Tuesday, June 16th. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $228.56.

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.