OMERS ADMINISTRATION Corp Has $10.54 Million Holdings in Vistra Corp. $VST

OMERS ADMINISTRATION Corp increased its holdings in shares of Vistra Corp. (NYSE:VST) by 200.2% during the second quarter, Holdings Channel reports. The fund owned 66,466 shares of the company’s stock after purchasing an additional 44,329 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Vistra were worth $10,544,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Sanctuary Advisors LLC boosted its stake in Vistra by 4.3% in the second quarter. Sanctuary Advisors LLC now owns 113,398 shares of the company’s stock worth $17,988,000 after purchasing an additional 4,687 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Vistra by 5,874.5% in the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,047 shares of the company’s stock valued at $483,000 after buying an additional 2,996 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. increased its stake in shares of Vistra by 43.4% in the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 8,916 shares of the company’s stock valued at $1,414,000 after buying an additional 2,700 shares in the last quarter. Arete Wealth Advisors LLC bought a new position in shares of Vistra in the second quarter valued at about $2,082,000. Finally, Nitor Capital Management LLC raised its holdings in shares of Vistra by 6.9% in the second quarter. Nitor Capital Management LLC now owns 46,593 shares of the company’s stock valued at $7,391,000 after buying an additional 3,000 shares during the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Seaport Research Partners reissued a “buy” rating and set a $230.00 price objective on shares of Vistra in a report on Monday, June 15th. Mizuho began coverage on shares of Vistra in a research report on Monday. They set an “outperform” rating and a $169.00 target price on the stock. BNP Paribas Exane set a $255.00 price target on shares of Vistra in a research note on Wednesday, August 19th. Jefferies Financial Group reissued a “buy” rating and issued a $190.00 price target on shares of Vistra in a report on Thursday, May 21st. Finally, Raymond James Financial set a $208.00 price objective on shares of Vistra in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $223.53.

Vistra Trading Down 0.3%

VST opened at $135.74 on Tuesday. The firm has a 50 day simple moving average of $153.38 and a 200 day simple moving average of $155.72. Vistra Corp. has a fifty-two week low of $132.66 and a fifty-two week high of $219.82. The company has a market cap of $45.56 billion, a price-to-earnings ratio of 22.93 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.

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

Vistra Increases Dividend

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

Insider Buying and Selling

In related news, Director Scott B. Helm sold 25,000 shares of the company’s stock in a transaction dated 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 sale, the director owned 232,200 shares in the company, valued at approximately $37,152,000. This represents a 9.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Margaret Montemayor sold 4,600 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were 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 directly owned 9,760 shares in the company, valued at $1,561,600. The trade was a 32.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 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 company insiders.

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.