Capital International Investors Decreases Position in Vistra Corp. $VST

Capital International Investors trimmed its position in Vistra Corp. (NYSE:VST) by 81.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 289,093 shares of the company’s stock after selling 1,274,958 shares during the period. Capital International Investors’ holdings in Vistra were worth $46,639,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VST. Bridgewater Advisors Inc. increased its stake in Vistra by 3.1% in the third quarter. Bridgewater Advisors Inc. now owns 1,787 shares of the company’s stock valued at $350,000 after purchasing an additional 53 shares during the period. Y.D. More Investments Ltd boosted its holdings in shares of Vistra by 7.1% in the third 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 in the last quarter. Equitable Holdings Inc. boosted its holdings in shares of Vistra by 0.9% in the third 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 in the last quarter. SOA Wealth Advisors LLC. boosted its holdings in shares of Vistra by 21.7% in the fourth quarter. SOA Wealth Advisors LLC. now owns 365 shares of the company’s stock valued at $59,000 after acquiring an additional 65 shares in the last quarter. Finally, Catalyst Financial Partners LLC boosted its holdings in shares of Vistra by 2.5% in the third quarter. Catalyst Financial Partners LLC now owns 2,798 shares of the company’s stock valued at $548,000 after acquiring an additional 68 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Vistra news, CAO Margaret Montemayor sold 4,600 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $160.00, for a total value of $736,000.00. Following the sale, the chief accounting officer owned 9,760 shares of the company’s stock, valued at $1,561,600. This represents a 32.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.92% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

VST has been the topic of several analyst reports. Wells Fargo & Company lowered their target price on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Weiss Ratings raised shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Jefferies Financial Group reissued a “buy” rating and set a $190.00 price objective on shares of Vistra in a report on Thursday, May 21st. JPMorgan Chase & Co. decreased their price objective on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Finally, Morgan Stanley reissued an “overweight” rating and set a $212.00 price objective on shares of Vistra in a report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $233.33.

Vistra Stock Down 0.5%

VST stock opened at $146.19 on Wednesday. The company has a market cap of $49.29 billion, a P/E ratio of 24.49 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 company’s 50-day moving average price is $153.91 and its 200 day moving average price is $160.70. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51.

Vistra (NYSE:VST) last announced its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $1.55. Vistra had a net margin of 11.52% and a return on equity of 105.64%. The company had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.22 billion. On average, research analysts expect that Vistra Corp. will post 9.3 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be issued a $0.229 dividend. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, June 22nd. Vistra’s payout ratio is currently 15.24%.

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.