Vistra Corp. $VST Holdings Lifted by First American Bank

First American Bank boosted its holdings in shares of Vistra Corp. (NYSE:VST) by 16.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,507 shares of the company’s stock after buying an additional 3,745 shares during the period. First American Bank’s holdings in Vistra were worth $3,985,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Empowered Funds LLC lifted its position in shares of Vistra by 24.1% in the first quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock worth $2,371,000 after purchasing an additional 3,920 shares in the last quarter. Woodline Partners LP grew its position in Vistra by 40.7% during the first quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock valued at $3,376,000 after purchasing an additional 8,312 shares in the last quarter. Focus Partners Wealth increased its stake in Vistra by 37.3% in the 1st quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock valued at $920,000 after buying an additional 2,125 shares during the period. Sivia Capital Partners LLC acquired a new position in Vistra in the 2nd quarter valued at approximately $269,000. Finally, Slocum Gordon & Co LLP lifted its position in Vistra by 20.0% in the 2nd quarter. Slocum Gordon & Co LLP now owns 1,200 shares of the company’s stock worth $233,000 after buying an additional 200 shares in the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Paul M. Barbas sold 244 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $153.00, for a total value of $37,332.00. Following the completion of the sale, the director directly owned 53,006 shares in the company, valued at approximately $8,109,918. The trade was a 0.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Scott B. Helm sold 25,000 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $160.00, for a total transaction 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 represents a 9.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 41,588 shares of company stock worth $6,739,227. 0.92% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on VST. Wells Fargo & Company decreased their target price 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 reiterated a “buy” rating and set a $190.00 price objective on shares of Vistra in a report on Thursday, May 21st. JPMorgan Chase & Co. reduced their price objective on Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. TD Cowen lowered their target price on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Finally, Sanford C. Bernstein set a $187.00 target price on Vistra and gave the stock an “outperform” rating in a research report on Tuesday, June 16th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $230.31.

Vistra Price Performance

Shares of NYSE:VST opened at $162.62 on Thursday. The stock has a market capitalization of $54.83 billion, a P/E ratio of 27.24 and a beta of 1.40. The business has a 50-day moving average of $154.74 and a two-hundred day moving average of $159.34. Vistra Corp. has a fifty-two week low of $132.66 and a fifty-two week high of $219.82. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79.

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 business had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.22 billion. On average, equities research analysts predict that Vistra Corp. will post 9.31 EPS 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 given a $0.229 dividend. 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%. The ex-dividend date of this dividend is Monday, June 22nd. Vistra’s payout ratio is 15.41%.

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.