Two Seas Capital LP Has $68.31 Million Stake in Vistra Corp. $VST

Two Seas Capital LP raised its holdings in Vistra Corp. (NYSE:VST) by 132.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 430,621 shares of the company’s stock after purchasing an additional 245,024 shares during the period. Vistra makes up about 1.4% of Two Seas Capital LP’s portfolio, making the stock its 16th largest holding. Two Seas Capital LP owned approximately 0.13% of Vistra worth $68,309,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of VST. Empowered Funds LLC increased its stake in Vistra by 24.1% during the 1st quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock worth $2,371,000 after acquiring an additional 3,920 shares during the period. Woodline Partners LP lifted its position in shares of Vistra by 40.7% during the 1st quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock valued at $3,376,000 after acquiring an additional 8,312 shares during the period. Focus Partners Wealth grew its holdings in shares of Vistra by 37.3% during the 1st quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock worth $920,000 after purchasing an additional 2,125 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Vistra during the 2nd quarter worth $269,000. Finally, Slocum Gordon & Co LLP increased its position in shares of Vistra by 20.0% in the second quarter. Slocum Gordon & Co LLP now owns 1,200 shares of the company’s stock worth $233,000 after purchasing an additional 200 shares during the period. Institutional investors own 90.88% of the company’s stock.

Insider Transactions at Vistra

In other Vistra news, CAO Margaret Montemayor sold 4,600 shares of the company’s stock in a transaction dated 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 owned 9,760 shares of the company’s stock, valued at $1,561,600. This represents a 32.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Scott B. Helm sold 25,000 shares of the stock in a transaction dated 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 transaction, the director owned 232,200 shares of the company’s stock, valued at $37,152,000. This 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. In the last 90 days, insiders sold 41,588 shares of company stock worth $6,739,227. Insiders own 0.92% of the company’s stock.

Vistra Price Performance

Shares of NYSE:VST opened at $136.43 on Friday. The company has a market cap 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 current ratio of 0.97 and a quick ratio of 0.87. The firm has a 50 day simple moving average of $153.73 and a 200 day simple moving average of $155.83. Vistra Corp. has a one year low of $132.66 and a one year high of $219.82.

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

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, September 21st. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is currently 15.54%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Seaport Research Partners reaffirmed a “buy” rating and issued a $230.00 price target on shares of Vistra in a research note on Monday, June 15th. BNP Paribas Exane set a $255.00 price objective on shares of Vistra in a research note on Wednesday. TD Cowen decreased their target price on shares of Vistra from $222.00 to $221.00 and set a “buy” rating on the stock in a report on Wednesday. Sanford C. Bernstein set a $187.00 target price on shares of Vistra and gave the company an “outperform” rating in a research report on Tuesday, June 16th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $226.94.

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.