Vistra (NYSE:VST) Trading Down 1.2% – What’s Next?

Vistra Corp. (NYSE:VST) shares fell 1.2% on Monday . The company traded as low as $146.38 and last traded at $146.9630. 3,310,210 shares traded hands during trading, a decline of 36% from the average session volume of 5,160,743 shares. The stock had previously closed at $148.76.

Wall Street Analysts Forecast Growth

VST has been the subject of several research analyst reports. Wells Fargo & Company decreased their price target on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Jefferies Financial Group reissued a “buy” rating and set a $190.00 price target on shares of Vistra in a research report on Thursday, May 21st. TD Cowen decreased their price objective on Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a report on Monday, May 4th. Morgan Stanley reissued an “overweight” rating and set a $212.00 target price on shares of Vistra in a research report on Thursday, May 21st. Finally, Weiss Ratings upgraded shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Vistra currently has an average rating of “Buy” and an average target price of $233.33.

Vistra Trading Down 1.2%

The stock has a market capitalization of $49.55 billion, a P/E ratio of 24.62 and a beta of 1.40. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. The company has a 50-day moving average price of $154.21 and a 200 day moving average price of $161.13.

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

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be issued a $0.229 dividend. The ex-dividend date is Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is 15.24%.

Insider Activity

In related news, CAO Margaret Montemayor sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The shares were 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 owned 14,360 shares in the company, valued at $2,368,825.60. The trade was a 25.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.92% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Vistra

A number of large investors have recently made changes to their positions in the business. Pine Valley Investments Ltd Liability Co boosted its position in shares of Vistra by 779.5% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 11,425 shares of the company’s stock worth $1,718,000 after purchasing an additional 10,126 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of Vistra by 15.4% during the first quarter. Parallel Advisors LLC now owns 5,472 shares of the company’s stock worth $823,000 after acquiring an additional 730 shares during the last quarter. Glenmede Trust Co. NA grew its stake in shares of Vistra by 6.0% during the first quarter. Glenmede Trust Co. NA now owns 20,709 shares of the company’s stock worth $3,113,000 after acquiring an additional 1,172 shares during the last quarter. Segall Bryant & Hamill LLC acquired a new position in shares of Vistra during the first quarter valued at about $4,323,000. Finally, GKV Capital Management Co. Inc. raised its position in shares of Vistra by 191.2% in the 1st quarter. GKV Capital Management Co. Inc. now owns 3,669 shares of the company’s stock valued at $552,000 after purchasing an additional 2,409 shares during the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

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.