Oddo BHF Asset Management Sas Has $822,000 Holdings in Vistra Corp. $VST

Oddo BHF Asset Management Sas cut its position in Vistra Corp. (NYSE:VST) by 38.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,470 shares of the company’s stock after selling 3,394 shares during the quarter. Oddo BHF Asset Management Sas’ holdings in Vistra were worth $822,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Vistra in the 4th quarter valued at about $25,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Vistra during the 4th quarter worth about $28,000. Kemnay Advisory Services Inc. bought a new stake in shares of Vistra in the 4th quarter valued at about $30,000. Triumph Capital Management bought a new stake in shares of Vistra in the 3rd quarter valued at about $38,000. Finally, Strive Asset Management LLC acquired a new stake in Vistra in the 3rd quarter valued at about $38,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra Stock Performance

Shares of VST stock opened at $148.31 on Friday. Vistra Corp. has a 52 week low of $132.66 and a 52 week high of $219.82. The company has a market capitalization of $50.01 billion, a price-to-earnings ratio of 24.84 and a beta of 1.40. The company has a 50-day simple moving average of $156.69 and a 200 day simple moving average of $158.12. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.79 and a current ratio of 0.90.

Vistra (NYSE:VST) last released its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $1.32 by $1.55. The firm had revenue of $5.64 billion for the quarter, compared to analysts’ expectations 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 9.42 earnings per share for the current year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be paid a dividend of $0.23 per share. 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. The ex-dividend date is Monday, September 21st. Vistra’s dividend payout ratio is 15.41%.

Key Headlines Impacting Vistra

Here are the key news stories impacting Vistra this week:

• Positive Sentiment: Morgan Stanley raised its price target for Vistra to $212 and maintained a favorable view, providing a bullish valuation signal and potential support for the stock. Morgan Stanley Raises Vistra Price Target to $212
• Positive Sentiment: Morgan Stanley also issued a “Buy” rating, reinforcing the view that Vistra’s power-generation assets and exposure to rising electricity demand could offer further upside. Vistra Gets a Buy from Morgan Stanley
• Positive Sentiment: Vistra declared a quarterly common-stock dividend of $0.23 per share, payable September 30 to shareholders of record September 21. The roughly $75 million distribution offers continued shareholder returns and was described as a modest increase from the prior dividend. Vistra Declares Dividend
• Neutral Sentiment: Vistra’s valuation appears mixed following its pullback. Potential growth from data-center electricity demand remains an investment theme, but new limits affecting data-center development in New York could constrain some expansion expectations. Vistra Stock Looks Reasonable Following New York Data Center Limits
• Negative Sentiment: Recent analyst downgrades and a pessimistic TD Cowen forecast pressured the shares, highlighting concerns about Vistra’s outlook and contributing to the recent decline. TD Cowen Issues Pessimistic Forecast for Vistra

Insider Transactions at Vistra

In related news, Director John R. Sult sold 6,500 shares of Vistra stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $170.00, for a total transaction of $1,105,000.00. Following the completion of the sale, the director directly owned 70,714 shares of the company’s stock, valued at approximately $12,021,380. This trade represents a 8.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Scott B. Helm sold 25,000 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $160.00, for a total value of $4,000,000.00. Following the completion of the sale, the director owned 232,200 shares of the company’s stock, valued at $37,152,000. This trade represents a 9.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 41,588 shares of company stock worth $6,739,227 in the last ninety days. 0.92% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Scotiabank lifted their price target on Vistra from $293.00 to $298.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. Jefferies Financial Group restated a “buy” rating and issued a $190.00 price objective on shares of Vistra in a research note on Thursday, May 21st. JPMorgan Chase & Co. cut 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. Seaport Research Partners reiterated a “buy” rating and set a $230.00 target price on shares of Vistra in a research note on Monday, June 15th. Finally, Sanford C. Bernstein set a $187.00 target price on Vistra and gave the stock an “outperform” rating in a report on Tuesday, June 16th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Vistra presently has a consensus rating of “Buy” and an average target price of $229.88.

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.