New York State Teachers Retirement System Sells 11,546 Shares of Vistra Corp. $VST

New York State Teachers Retirement System lessened its stake in Vistra Corp. (NYSE:VST) by 4.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 257,324 shares of the company’s stock after selling 11,546 shares during the quarter. New York State Teachers Retirement System’s holdings in Vistra were worth $38,684,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in VST. Vanguard Group Inc. lifted its position in Vistra by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 41,588,784 shares of the company’s stock valued at $6,709,519,000 after acquiring an additional 390,157 shares in the last quarter. State Street Corp boosted its stake in Vistra by 2.7% in the 4th quarter. State Street Corp now owns 16,474,869 shares of the company’s stock worth $2,657,891,000 after purchasing an additional 432,028 shares during the period. Geode Capital Management LLC increased its holdings in Vistra by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 8,965,648 shares of the company’s stock worth $1,441,112,000 after purchasing an additional 97,424 shares in the last quarter. Norges Bank bought a new position in Vistra during the 4th quarter worth about $746,729,000. Finally, Invesco Ltd. raised its stake in shares of Vistra by 0.8% in the 3rd quarter. Invesco Ltd. now owns 4,572,642 shares of the company’s stock valued at $895,872,000 after purchasing an additional 35,258 shares during the period. Institutional investors own 90.88% of the company’s stock.

Analyst Upgrades and Downgrades

VST has been the topic of a number of research reports. Morgan Stanley restated an “overweight” rating and issued a $210.00 price target on shares of Vistra in a report on Wednesday, June 24th. Seaport Research Partners reiterated a “buy” rating and set a $230.00 price objective on shares of Vistra in a report on Monday, June 15th. Weiss Ratings raised Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Jefferies Financial Group restated a “buy” rating and issued a $190.00 target price on shares of Vistra in a research note on Thursday, May 21st. Finally, Raymond James Financial set a $208.00 price target on Vistra in a research report on Monday, April 27th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $230.31.

Insider Buying and Selling

In other Vistra news, CAO Margaret Montemayor sold 4,600 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $160.00, for a total value of $736,000.00. Following the completion of the transaction, the chief accounting officer directly owned 9,760 shares in the company, valued at $1,561,600. This trade represents a 32.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John R. Sult sold 6,500 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $170.00, for a total value of $1,105,000.00. Following the transaction, the director directly owned 70,714 shares in the company, valued at $12,021,380. This trade represents a 8.42% decrease in their position. 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. Over the last ninety days, insiders have sold 41,588 shares of company stock worth $6,739,227. Insiders own 0.92% of the company’s stock.

Vistra Stock Down 0.0%

Shares of VST stock opened at $150.98 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82. The firm’s fifty day moving average price is $154.37 and its two-hundred day moving average price is $158.92. The firm has a market capitalization of $50.91 billion, a P/E ratio of 25.29 and a beta of 1.40.

Vistra (NYSE:VST) last posted its quarterly earnings data on Thursday, May 7th. The company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $1.55. Vistra had a net margin of 11.52% and a return on equity of 105.64%. The company had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.22 billion. On average, equities analysts predict that Vistra Corp. will post 9.52 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were issued a dividend of $0.229 per share. The ex-dividend date was Monday, June 22nd. This is a boost from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 annualized dividend and a yield of 0.6%. Vistra’s dividend payout ratio is currently 15.41%.

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.