Silvant Capital Management LLC Has $12.64 Million Stake in Vistra Corp. $VST

Silvant Capital Management LLC cut its holdings in shares of Vistra Corp. (NYSE:VST) by 6.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 64,512 shares of the company’s stock after selling 4,608 shares during the quarter. Silvant Capital Management LLC’s holdings in Vistra were worth $12,639,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Van ECK Associates Corp increased its stake in Vistra by 172.4% during the 3rd quarter. Van ECK Associates Corp now owns 2,694 shares of the company’s stock worth $528,000 after acquiring an additional 1,705 shares during the period. Ceredex Value Advisors LLC bought a new stake in shares of Vistra during the 3rd quarter valued at $22,619,000. Legal & General Group Plc grew its holdings in shares of Vistra by 2.3% during the 3rd quarter. Legal & General Group Plc now owns 1,576,420 shares of the company’s stock worth $308,852,000 after purchasing an additional 35,221 shares in the last quarter. Pinkerton Wealth LLC increased its position in shares of Vistra by 4.8% in the third quarter. Pinkerton Wealth LLC now owns 16,001 shares of the company’s stock worth $3,135,000 after purchasing an additional 738 shares during the period. Finally, Banque Cantonale Vaudoise raised its stake in Vistra by 859.4% in the third quarter. Banque Cantonale Vaudoise now owns 2,600 shares of the company’s stock valued at $509,000 after purchasing an additional 2,329 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra Trading Up 0.5%

VST opened at $164.38 on Wednesday. The company has a market cap of $55.70 billion, a P/E ratio of 75.75, a PEG ratio of 0.99 and a beta of 1.42. The company has a current ratio of 0.78, a quick ratio of 0.69 and a debt-to-equity ratio of 6.01. The company’s 50 day moving average is $163.68 and its 200-day moving average is $178.95. Vistra Corp. has a 1-year low of $90.51 and a 1-year high of $219.82.

Vistra (NYSE:VST) last released its quarterly earnings data on Thursday, February 26th. The company reported $2.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.27). The company had revenue of $4.58 billion for the quarter, compared to analyst estimates of $5.75 billion. Vistra had a return on equity of 81.09% and a net margin of 5.32%. Equities research analysts predict that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th will be paid a $0.228 dividend. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, March 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is currently 41.94%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Scotiabank increased their price objective on shares of Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. BMO Capital Markets restated an “outperform” rating and issued a $241.00 target price on shares of Vistra in a research report on Monday, March 2nd. JPMorgan Chase & Co. cut their price target on shares of Vistra from $249.00 to $233.00 and set an “overweight” rating for the company in a report on Tuesday, December 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a research note on Monday, December 29th. Finally, UBS Group boosted their price objective on shares of Vistra from $230.00 to $233.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Vistra has a consensus rating of “Buy” and an average target price of $236.40.

Insider Buying and Selling at Vistra

In related news, CEO James A. Burke sold 22,251 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $162.05, for a total transaction of $3,605,774.55. Following the sale, the chief executive officer owned 297,998 shares in the company, valued at $48,290,575.90. The trade was a 6.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.42% of the stock is currently owned by company insiders.

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.