Vistra Corp. $VST Shares Sold by Callan Family Office LLC

Callan Family Office LLC cut its holdings in shares of Vistra Corp. (NYSE:VST) by 28.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,345 shares of the company’s stock after selling 11,428 shares during the period. Callan Family Office LLC’s holdings in Vistra were worth $4,496,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Vistra during the 4th quarter worth $25,000. Mcguire Capital Advisors Inc. purchased a new position in Vistra during the 4th quarter worth $28,000. Kemnay Advisory Services Inc. acquired a new position in Vistra in the fourth quarter valued at $30,000. Strive Financial Group LLC acquired a new position in Vistra in the fourth quarter valued at $33,000. Finally, Salomon & Ludwin LLC increased its stake in Vistra by 74.8% in the fourth quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock valued at $35,000 after purchasing an additional 92 shares during the period. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Trading Down 1.8%

NYSE:VST opened at $136.43 on Friday. The stock has a fifty day moving average price of $153.73 and a two-hundred day moving average price of $155.83. The stock has a market capitalization of $45.79 billion, a price-to-earnings ratio of 23.05 and a beta of 1.41. The company has a debt-to-equity ratio of 5.87, a quick ratio of 0.87 and a current ratio of 0.97. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82.

Vistra (NYSE:VST) last issued its earnings results on Friday, August 7th. The company reported $0.76 EPS for the quarter, missing the consensus estimate of $1.61 by ($0.85). The company had revenue of $4.02 billion for the quarter, compared to analysts’ expectations of $5.46 billion. Vistra had a return on equity of 108.68% and a net margin of 11.55%. As a group, sell-side analysts anticipate that Vistra Corp. will post 9.23 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be issued 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 yield of 0.7%. The ex-dividend date of this dividend is Monday, September 21st. Vistra’s payout ratio is presently 15.54%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on VST shares. Jefferies Financial Group reiterated a “buy” rating and set a $190.00 target price on shares of Vistra in a research note on Thursday, May 21st. JPMorgan Chase & Co. dropped their price target on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $212.00 price objective on shares of Vistra in a research note on Monday, August 10th. The Goldman Sachs Group set a $206.00 price objective on Vistra in a research report on Wednesday, August 12th. Finally, BNP Paribas Exane set a $255.00 target price on Vistra in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Vistra presently has a consensus rating of “Moderate Buy” and an average price target of $226.94.

Insider Activity at Vistra

In other news, Director Paul M. Barbas sold 244 shares of Vistra stock in a transaction that occurred 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. This trade represents a 0.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 sale, 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. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 41,588 shares of company stock worth $6,739,227 in the last ninety days. Corporate insiders own 0.92% of the company’s stock.

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.