Phoenix Financial Ltd. Has $1.99 Million Position in Vistra Corp. $VST

Phoenix Financial Ltd. reduced its holdings in shares of Vistra Corp. (NYSE:VST) by 45.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 12,317 shares of the company’s stock after selling 10,062 shares during the quarter. Phoenix Financial Ltd.’s holdings in Vistra were worth $1,987,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Dynamic Technology Lab Private Ltd acquired a new stake in Vistra during the 3rd quarter worth about $1,445,000. CIBC Bancorp USA Inc. acquired a new stake in Vistra during the 3rd quarter worth about $8,755,000. Teamwork Financial Advisors LLC grew its holdings in Vistra by 39.9% during the 4th quarter. Teamwork Financial Advisors LLC now owns 78,855 shares of the company’s stock worth $12,722,000 after acquiring an additional 22,492 shares during the period. Ameritas Advisory Services LLC grew its holdings in Vistra by 7,556.0% during the 4th quarter. Ameritas Advisory Services LLC now owns 7,656 shares of the company’s stock worth $1,235,000 after acquiring an additional 7,556 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of Vistra by 49.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 371,497 shares of the company’s stock valued at $72,784,000 after buying an additional 122,545 shares during the period. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VST has been the subject of several research reports. TD Cowen reduced their target price on Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, May 4th. Raymond James Financial set a $208.00 target price on Vistra in a research note on Monday, April 27th. Morgan Stanley restated an “overweight” rating and issued a $208.00 target price on shares of Vistra in a research note on Tuesday, April 21st. BMO Capital Markets restated an “outperform” rating and issued a $241.00 target price on shares of Vistra in a research note on Monday, March 2nd. Finally, JPMorgan Chase & Co. reduced their target price on Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $233.93.

Vistra Price Performance

VST stock opened at $139.92 on Friday. The company has a market capitalization of $47.18 billion, a P/E ratio of 23.44, a price-to-earnings-growth ratio of 0.81 and a beta of 1.43. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.69 and a current ratio of 0.90. Vistra Corp. has a 52-week low of $137.81 and a 52-week high of $219.82. The business has a 50-day simple moving average of $156.34 and a two-hundred day simple moving average of $164.79.

Vistra (NYSE:VST) last released its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $1.55. The business had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. Research analysts expect that Vistra Corp. will post 9.31 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be paid a dividend of $0.229 per share. This is an increase from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a yield of 0.7%. Vistra’s dividend payout ratio (DPR) is presently 15.24%.

Insider Transactions at Vistra

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of Vistra stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the completion of the transaction, the executive vice president owned 114,409 shares in the company, valued at approximately $18,340,906.79. The trade was a 8.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company 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.