Columbus Hill Capital Management L.P. Has $44.01 Million Position in Vistra Corp. $VST

Columbus Hill Capital Management L.P. lifted its stake in shares of Vistra Corp. (NYSE:VST) by 60.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 224,610 shares of the company’s stock after buying an additional 84,210 shares during the period. Vistra comprises about 5.8% of Columbus Hill Capital Management L.P.’s holdings, making the stock its 9th largest position. Columbus Hill Capital Management L.P. owned approximately 0.07% of Vistra worth $44,006,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Empowered Funds LLC grew its position in Vistra by 24.1% during the first quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock worth $2,371,000 after buying an additional 3,920 shares in the last quarter. Woodline Partners LP grew its stake in Vistra by 40.7% in the 1st quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock worth $3,376,000 after buying an additional 8,312 shares in the last quarter. Focus Partners Wealth increased its holdings in shares of Vistra by 37.3% in the 1st quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock worth $920,000 after buying an additional 2,125 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Vistra in the 2nd quarter worth $269,000. Finally, Allworth Financial LP grew its position in Vistra by 27.4% in the second quarter. Allworth Financial LP now owns 2,002 shares of the company’s stock worth $388,000 after acquiring an additional 430 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Insider Transactions at Vistra

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $160.31, for a total value of $1,603,100.00. Following the completion of the transaction, the executive vice president directly owned 114,409 shares in the company, valued at $18,340,906.79. This represents a 8.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 1.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on VST shares. Bank of America reduced their price objective on Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a research report on Monday, January 12th. Morgan Stanley reaffirmed an “overweight” rating and issued a $215.00 target price on shares of Vistra in a research note on Friday, February 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a research note on Monday, December 29th. Scotiabank boosted their price objective on shares of Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Finally, Jefferies Financial Group raised shares of Vistra from a “hold” rating to a “buy” rating and increased their target price for the company from $191.00 to $203.00 in a report on Tuesday, February 10th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $236.40.

Vistra Price Performance

VST stock opened at $159.09 on Friday. The company has a market cap of $53.90 billion, a P/E ratio of 73.31, a PEG ratio of 0.96 and a beta of 1.42. The firm has a 50-day moving average of $163.48 and a 200 day moving average of $178.46. Vistra Corp. has a 1 year low of $90.51 and a 1 year high of $219.82. The company has a debt-to-equity ratio of 6.01, a current ratio of 0.78 and a quick ratio of 0.69.

Vistra (NYSE:VST) last announced its quarterly earnings data on Thursday, February 26th. The company reported $2.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.27). The company had revenue of $4.58 billion for the quarter, compared to analysts’ expectations of $5.75 billion. Vistra had a net margin of 5.32% and a return on equity of 81.09%. On average, sell-side analysts forecast that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th will be paid a $0.228 dividend. This represents a $0.91 dividend on an annualized basis 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 Friday, March 20th. Vistra’s dividend payout ratio is currently 41.94%.

Vistra 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.