Vistra Corp. $VST Shares Acquired by Clearfield Capital Management LP

Clearfield Capital Management LP raised its holdings in shares of Vistra Corp. (NYSE:VST) by 9.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,000 shares of the company’s stock after purchasing an additional 4,900 shares during the quarter. Vistra accounts for approximately 6.9% of Clearfield Capital Management LP’s portfolio, making the stock its 8th largest position. Clearfield Capital Management LP’s holdings in Vistra were worth $11,559,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Salomon & Ludwin LLC bought a new position in shares of Vistra in the third quarter valued at $25,000. Quent Capital LLC bought a new stake in shares of Vistra during the third quarter worth about $25,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Vistra in the 2nd quarter worth about $28,000. Archer Investment Corp raised its holdings in shares of Vistra by 2,700.0% in the 3rd quarter. Archer Investment Corp now owns 140 shares of the company’s stock worth $27,000 after acquiring an additional 135 shares during the last quarter. Finally, Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in Vistra in the 3rd quarter valued at about $28,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insider Buying and Selling

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of Vistra stock in a transaction on 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 sale, the executive vice president directly owned 114,409 shares in the company, valued at approximately $18,340,906.79. This trade represents a 8.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on VST shares. Bank of America decreased their price objective on Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a report on Monday, January 12th. BMO Capital Markets restated an “outperform” rating and issued a $241.00 target price on shares of Vistra in a report on Monday, March 2nd. Scotiabank lifted their target price on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. KeyCorp initiated coverage on Vistra in a report on Monday, November 24th. They set an “overweight” rating and a $217.00 price target for the company. Finally, Jefferies Financial Group raised Vistra from a “hold” rating to a “buy” rating and increased their price target for the company from $191.00 to $203.00 in a research report on Tuesday, February 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Vistra presently has an average rating of “Buy” and a consensus price target of $236.40.

Vistra Trading Down 0.3%

Shares of VST stock opened at $159.09 on Friday. The company has a debt-to-equity ratio of 6.01, a quick ratio of 0.69 and a current ratio of 0.78. The company has a market capitalization of $53.90 billion, a price-to-earnings ratio of 73.31, a PEG ratio of 0.96 and a beta of 1.42. Vistra Corp. has a 52-week low of $90.51 and a 52-week high of $219.82. The company has a 50-day simple moving average of $163.48 and a two-hundred day simple moving average of $178.34.

Vistra (NYSE:VST) last posted its earnings results on Thursday, February 26th. The company reported $2.18 EPS for the quarter, missing the consensus estimate of $2.45 by ($0.27). Vistra had a return on equity of 81.09% and a net margin of 5.32%.The firm had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $5.75 billion. Research analysts anticipate that Vistra Corp. will post 7 EPS for the current fiscal year.

Vistra Increases Dividend

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

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.