Korea Investment CORP Boosts Stock Position in Vistra Corp. $VST

Korea Investment CORP lifted its position in Vistra Corp. (NYSE:VST) by 4.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 506,960 shares of the company’s stock after buying an additional 23,666 shares during the quarter. Korea Investment CORP owned approximately 0.15% of Vistra worth $81,788,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Vistra in the 4th quarter valued at $25,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in shares of Vistra in the 3rd quarter valued at $28,000. Salomon & Ludwin LLC raised its holdings in shares of Vistra by 74.8% in the 4th quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock valued at $35,000 after buying an additional 92 shares during the period. IFC & Insurance Marketing Inc. acquired a new position in Vistra during the 4th quarter worth $35,000. Finally, Triumph Capital Management purchased a new stake in Vistra during the 3rd quarter worth about $38,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Morgan Stanley restated an “overweight” rating and set a $212.00 price target on shares of Vistra in a report on Thursday, May 21st. Wells Fargo & Company cut their price target on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. JPMorgan Chase & Co. cut their price target on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Raymond James Financial set a $208.00 price target on Vistra in a report on Monday, April 27th. Finally, BMO Capital Markets restated an “outperform” rating and set a $241.00 price target on shares of Vistra in a report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Vistra currently has a consensus rating of “Buy” and a consensus target price of $233.33.

Vistra Trading Up 1.1%

NYSE:VST opened at $148.01 on Friday. The stock has a 50-day simple moving average of $153.53 and a 200-day simple moving average of $160.20. The stock has a market cap of $49.91 billion, a P/E ratio of 24.79 and a beta of 1.40. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.79 and a current ratio of 0.90.

Vistra (NYSE:VST) last released its quarterly earnings data 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. The business had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. As a group, analysts anticipate that Vistra Corp. will post 9.3 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. Stockholders of record on Monday, June 22nd will be given a dividend of $0.229 per share. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. This is an increase from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is currently 15.24%.

Insider Activity

In other news, CAO Margaret Montemayor sold 5,000 shares of the company’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 completion of the transaction, the chief accounting officer directly owned 14,360 shares of the company’s stock, valued at approximately $2,368,825.60. This represents a 25.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.92% of the company’s stock.

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.