20,100 Shares in Vistra Corp. $VST Acquired by Maxi Investments CY Ltd

Maxi Investments CY Ltd bought a new stake in Vistra Corp. (NYSE:VST) during the second quarter, HoldingsChannel reports. The institutional investor bought 20,100 shares of the company’s stock, valued at approximately $3,188,000.

A number of other large investors have also recently bought and sold shares of the stock. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Vistra in the fourth quarter worth $25,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Vistra during the fourth quarter valued at $28,000. Kemnay Advisory Services Inc. purchased a new stake in Vistra during the 4th quarter worth about $30,000. Strive Financial Group LLC purchased a new stake in Vistra during the 4th quarter worth about $33,000. Finally, IFC & Insurance Marketing Inc. acquired a new position in Vistra in the 4th quarter valued at about $35,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Trading Up 0.2%

Shares of VST stock opened at $136.43 on Monday. The firm’s 50-day simple moving average is $153.73 and its 200-day simple moving average is $155.84. The company has a debt-to-equity ratio of 5.87, a current ratio of 0.97 and a quick ratio of 0.87. Vistra Corp. has a 1-year low of $132.66 and a 1-year high of $219.82. The firm has a market cap of $45.79 billion, a P/E ratio of 23.05 and a beta of 1.41.

Vistra (NYSE:VST) last released its earnings results on Friday, August 7th. The company reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.85). The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $5.46 billion. Vistra had a net margin of 11.55% and a return on equity of 108.68%. As a group, equities analysts forecast that Vistra Corp. will post 9.23 EPS for the current 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 paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Monday, September 21st. This represents a $0.92 annualized dividend and a dividend yield of 0.7%. This is a boost from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is presently 15.54%.

Insider Transactions at Vistra

In related news, Director Paul M. Barbas sold 244 shares of Vistra stock in a transaction on Monday, June 15th. The stock was sold at an average price of $153.00, for a total value of $37,332.00. Following the transaction, the director owned 53,006 shares in the company, valued at approximately $8,109,918. This trade represents a 0.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Scott B. Helm sold 25,000 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $160.00, for a total value of $4,000,000.00. Following the sale, the director directly owned 232,200 shares of the company’s stock, valued at approximately $37,152,000. This trade represents a 9.72% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 41,588 shares of company stock valued at $6,739,227. Corporate insiders own 0.92% of the company’s stock.

Analyst Upgrades and Downgrades

VST has been the topic of a number of recent research reports. UBS Group reduced their target price on shares of Vistra from $233.00 to $227.00 and set a “buy” rating on the stock in a report on Tuesday, July 28th. Weiss Ratings downgraded shares of Vistra from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, August 13th. Morgan Stanley boosted their price objective on shares of Vistra from $212.00 to $227.00 and gave the company an “overweight” rating in a research report on Friday. Seaport Research Partners reissued a “buy” rating and set a $230.00 price objective on shares of Vistra in a research note on Monday, June 15th. Finally, Raymond James Financial set a $208.00 target price on shares of Vistra in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $226.94.

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.