Vistra (NYSE:VST) Director Paul Barbas Sells 244 Shares of Stock

Vistra Corp. (NYSE:VST) Director Paul Barbas sold 244 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $153.00, for a total transaction of $37,332.00. Following the sale, the director directly owned 53,006 shares of the company’s stock, valued at approximately $8,109,918. This represents a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vistra Price Performance

NYSE VST opened at $158.53 on Wednesday. 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 fifty day simple moving average of $153.72 and a 200 day simple moving average of $159.85. The company has a market cap of $53.45 billion, a P/E ratio of 26.55 and a beta of 1.40. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82.

Vistra (NYSE:VST) last posted 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 the consensus estimate of $5.22 billion. Vistra had a net margin of 11.52% and a return on equity of 105.64%. On average, sell-side analysts predict that Vistra Corp. will post 9.31 EPS for the current year.

Vistra Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on VST. Seaport Research Partners reissued a “buy” rating and issued a $230.00 price target on shares of Vistra in a report on Monday. Jefferies Financial Group reissued a “buy” rating and issued a $190.00 price target on shares of Vistra in a report on Thursday, May 21st. Weiss Ratings raised shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Morgan Stanley reissued an “overweight” rating and issued a $212.00 price target on shares of Vistra in a report on Thursday, May 21st. Finally, Sanford C. Bernstein set a $187.00 price target on shares of Vistra in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $230.44.

Hedge Funds Weigh In On Vistra

Hedge funds and other institutional investors have recently made changes to their positions in the business. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in shares of Vistra during the 3rd quarter worth about $28,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Vistra during the 4th quarter worth about $25,000. Mcguire Capital Advisors Inc. bought a new position in shares of Vistra during the 4th quarter worth about $28,000. Kemnay Advisory Services Inc. bought a new position in shares of Vistra during the 4th quarter worth about $30,000. Finally, Triumph Capital Management acquired a new stake in shares of Vistra during the 3rd quarter worth about $38,000. 90.88% of the stock is owned by institutional investors.

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.