14,056 Shares in Vistra Corp. $VST Purchased by Dockside LLC

Dockside LLC bought a new position in shares of Vistra Corp. (NYSE:VST) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 14,056 shares of the company’s stock, valued at approximately $2,230,000.

Several other institutional investors and hedge funds also recently bought and sold shares of VST. Fifth Third Bancorp lifted its stake in shares of Vistra by 95.1% in the 1st quarter. Fifth Third Bancorp now owns 177,199 shares of the company’s stock valued at $26,638,000 after purchasing an additional 86,393 shares during the last quarter. Norges Bank acquired a new stake in shares of Vistra during the 4th quarter worth about $746,729,000. Payden & Rygel raised its holdings in Vistra by 3,118.2% in the 4th quarter. Payden & Rygel now owns 35,400 shares of the company’s stock valued at $5,711,000 after buying an additional 34,300 shares during the period. Signature Estate & Investment Advisors LLC purchased a new stake in Vistra in the 4th quarter valued at about $29,875,000. Finally, Wealth High Governance Capital Ltda acquired a new position in Vistra in the first quarter valued at about $10,543,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Scott B. Helm sold 25,000 shares of Vistra stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $160.00, for a total value of $4,000,000.00. Following the completion of the transaction, the director directly owned 232,200 shares in the company, valued at approximately $37,152,000. This trade represents a 9.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, 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 company’s stock in a transaction dated 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 sale, the director owned 70,714 shares in the company, valued at approximately $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. Insiders have sold a total of 41,588 shares of company stock valued at $6,739,227 in the last three months. 0.92% of the stock is currently owned by insiders.

Vistra Price Performance

Shares of VST opened at $148.33 on Friday. The company has a market cap of $49.79 billion, a P/E ratio of 25.06 and a beta of 1.41. Vistra Corp. has a fifty-two week low of $132.66 and a fifty-two week high of $219.82. The company has a quick ratio of 0.79, a current ratio of 0.97 and a debt-to-equity ratio of 5.87. The firm’s 50 day moving average price is $154.14 and its 200 day moving average price is $156.56.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be given a dividend of $0.23 per share. This is an increase 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, September 21st. Vistra’s dividend payout ratio is currently 15.54%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on VST shares. Wells Fargo & Company reaffirmed an “overweight” rating and set a $212.00 target price on shares of Vistra in a research note on Monday. Scotiabank boosted their price target on shares of Vistra from $293.00 to $298.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Zacks Research upgraded shares of Vistra from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Sanford C. Bernstein set a $187.00 price objective on shares of Vistra and gave the stock an “outperform” rating in a research report on Tuesday, June 16th. Finally, UBS Group dropped their target price on shares of Vistra from $233.00 to $227.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $228.56.

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.