Vistra (NYSE:VST) CEO James Burke Purchases 2,200 Shares

Vistra Corp. (NYSE:VST) CEO James Burke purchased 2,200 shares of the business’s stock in a transaction on Monday, August 31st. The stock was acquired at an average price of $135.99 per share, with a total value of $299,178.00. Following the completion of the acquisition, the chief executive officer directly owned 1,141,887 shares in the company, valued at $155,285,213.13. The trade was a 0.19% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Vistra Stock Performance

Vistra stock opened at $143.42 on Thursday. The company has a current ratio of 0.97, a quick ratio of 0.87 and a debt-to-equity ratio of 5.87. The stock has a market cap of $48.14 billion, a P/E ratio of 24.23 and a beta of 1.40. Vistra Corp. has a 52 week low of $132.66 and a 52 week high of $219.82. The stock has a 50 day moving average of $150.14 and a 200-day moving average of $155.05.

Vistra (NYSE:VST) last released 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 net margin of 11.55% and a return on equity of 108.68%. The company had revenue of $4.02 billion for the quarter, compared to analyst estimates of $5.46 billion. On average, analysts expect that Vistra Corp. will post 9.21 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. Investors of record on Monday, September 21st will be paid a dividend of $0.23 per share. 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 dividend yield of 0.6%. The ex-dividend date is Monday, September 21st. Vistra’s dividend payout ratio (DPR) is 15.54%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Vistra in the 4th quarter worth $25,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Vistra during the fourth quarter valued at $28,000. Kemnay Advisory Services Inc. acquired a new position in Vistra during the fourth quarter valued at $30,000. Triumph Capital Management purchased a new position in Vistra during the third quarter valued at approximately $38,000. Finally, Strive Asset Management LLC purchased a new position in shares of Vistra during the 3rd quarter valued at $38,000. Institutional investors own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on VST shares. TD Cowen cut their target price on Vistra from $222.00 to $221.00 and set a “buy” rating for the company in a research report on Wednesday, August 19th. Scotiabank boosted their price objective on Vistra from $293.00 to $298.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. Sanford C. Bernstein set a $187.00 price objective on Vistra and gave the company an “outperform” rating in a report on Tuesday, June 16th. Mizuho started coverage on Vistra in a research note on Monday, August 24th. They set an “outperform” rating and a $169.00 target price for the company. Finally, Seaport Research Partners reaffirmed a “buy” rating and set a $230.00 target price on shares of Vistra in a report on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $223.53.

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.