General Pension Society PZU Joint Stock Co Acquires New Shares in Vistra Corp. $VST

General Pension Society PZU Joint Stock Co bought a new stake in Vistra Corp. (NYSE:VST) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 40,000 shares of the company’s stock, valued at approximately $6,013,000. Vistra makes up approximately 1.5% of General Pension Society PZU Joint Stock Co’s investment portfolio, making the stock its 12th biggest holding.

Several other hedge funds also recently bought and sold shares of the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Vistra during the 4th quarter worth about $25,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in shares of Vistra in the 3rd quarter valued at approximately $28,000. Mcguire Capital Advisors Inc. bought a new stake in shares of Vistra in the 4th quarter valued at approximately $28,000. Kemnay Advisory Services Inc. acquired a new position in Vistra in the fourth quarter worth approximately $30,000. Finally, Strive Financial Group LLC acquired a new position in Vistra in the fourth quarter worth approximately $33,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VST has been the topic of several recent research reports. Seaport Research Partners reaffirmed a “buy” rating and set a $230.00 price objective on shares of Vistra in a research report on Monday, June 15th. Morgan Stanley restated an “overweight” rating and set a $210.00 price target on shares of Vistra in a research note on Wednesday, June 24th. Weiss Ratings upgraded shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. TD Cowen reduced their price objective on shares of Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, May 4th. Finally, Sanford C. Bernstein set a $187.00 price objective on shares of Vistra and gave the stock an “outperform” rating in a report on Tuesday, June 16th. 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’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $230.31.

Insider Activity

In related news, CAO Margaret Montemayor sold 4,600 shares of the company’s stock in a transaction 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 completion of the sale, the chief accounting officer directly owned 9,760 shares of the company’s stock, valued at approximately $1,561,600. This represents a 32.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Scott B. Helm sold 25,000 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $160.00, for a total transaction of $4,000,000.00. Following the completion of the transaction, the director owned 232,200 shares in the company, valued at $37,152,000. The trade was a 9.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 41,588 shares of company stock valued at $6,739,227 in the last quarter. 0.92% of the stock is currently owned by corporate insiders.

Vistra Stock Down 1.4%

Shares of VST stock opened at $150.98 on Friday. The stock’s 50 day simple moving average is $154.46 and its 200 day simple moving average is $158.98. 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 Corp. has a twelve month low of $132.66 and a twelve month high of $219.82. The company has a market capitalization of $50.91 billion, a price-to-earnings ratio of 25.29 and a beta of 1.40.

Vistra (NYSE:VST) last announced its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $1.55. The firm 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, research analysts predict that Vistra Corp. will post 9.52 EPS for the current year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd were paid a $0.229 dividend. The ex-dividend date was Monday, June 22nd. This is a positive change 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%. Vistra’s dividend payout ratio is presently 15.41%.

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.