Wealth High Governance Capital Ltda purchased a new stake in shares of Vistra Corp. (NYSE:VST – Free Report) in the first quarter, Holdings Channel reports. The firm purchased 70,132 shares of the company’s stock, valued at approximately $10,543,000. Vistra comprises about 3.2% of Wealth High Governance Capital Ltda’s portfolio, making the stock its 11th largest position.
Several other institutional investors also recently added to or reduced their stakes in the stock. Fifth Third Bancorp boosted its stake in Vistra by 95.1% in the first quarter. Fifth Third Bancorp now owns 177,199 shares of the company’s stock valued at $26,638,000 after acquiring an additional 86,393 shares during the last quarter. Norges Bank purchased a new stake in shares of Vistra during the 4th quarter worth approximately $746,729,000. Payden & Rygel increased its stake in shares of Vistra by 3,118.2% during the 4th quarter. Payden & Rygel now owns 35,400 shares of the company’s stock worth $5,711,000 after purchasing an additional 34,300 shares during the last quarter. Signature Estate & Investment Advisors LLC bought a new stake in shares of Vistra in the 4th quarter worth approximately $29,875,000. Finally, Legal & General Group Plc raised its holdings in shares of Vistra by 12.2% in the 4th quarter. Legal & General Group Plc now owns 1,768,694 shares of the company’s stock worth $285,343,000 after purchasing an additional 192,274 shares during the period. Institutional investors own 90.88% of the company’s stock.
Analysts Set New Price Targets
VST has been the topic of several recent research reports. Morgan Stanley upped their price objective on shares of Vistra from $208.00 to $212.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. 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. Seaport Research Partners reissued a “buy” rating and issued a $230.00 price target 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 report on Friday. Finally, Zacks Research raised shares of Vistra from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Three investment 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 company. According to data from MarketBeat.com, Vistra has a consensus rating of “Buy” and a consensus target price of $229.88.
Vistra Price Performance
VST stock opened at $148.49 on Monday. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.79 and a current ratio of 0.90. The firm has a 50 day moving average price of $156.53 and a 200-day moving average price of $157.95. Vistra Corp. has a 52-week low of $132.66 and a 52-week high of $219.82. The firm has a market capitalization of $50.07 billion, a price-to-earnings ratio of 24.87 and a beta of 1.41.
Vistra (NYSE:VST – Get Free Report) last issued 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. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The firm had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.22 billion. Equities research analysts forecast that Vistra Corp. will post 9.39 EPS for the current fiscal year.
Vistra Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be issued a $0.23 dividend. 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, September 21st. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is 15.41%.
Vistra News Roundup
Here are the key news stories impacting Vistra this week:
- Positive Sentiment: Morgan Stanley raised its price target to $212 and maintained a Buy rating, signaling substantial potential upside from recent trading levels. Morgan Stanley Raises Vistra Price Target
- 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 provides ongoing shareholder support. Vistra Declares Dividend
- Positive Sentiment: Investor interest in Vistra’s power-generation capacity could benefit from rising electricity demand associated with data centers, although regulatory limits in New York introduce uncertainty. Vistra Stock Looks Reasonable Following New York Data Center Limits
- Neutral Sentiment: Vistra is scheduled to report quarterly results next week. Analysts expect earnings growth, but the company reportedly lacks the combination of estimate revisions and other indicators that typically signal a likely earnings beat. Vistra Earnings Expectations
- Negative Sentiment: Shares fell sharply following an analyst downgrade, which appears to be the main recent pressure on the stock. The downgrade offsets Morgan Stanley’s more bullish view and may encourage investors to reduce exposure before earnings. Vistra Shares Down After Analyst Downgrade
Insiders Place Their Bets
In other Vistra 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 transaction 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John R. Sult sold 6,500 shares of the stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $170.00, for a total value of $1,105,000.00. Following the completion of the transaction, the director directly owned 70,714 shares in the company, valued at approximately $12,021,380. This 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. Insiders have sold a total of 41,588 shares of company stock valued at $6,739,227 over the last quarter. Corporate insiders own 0.92% of the company’s stock.
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.
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