Vistra Corp. $VST Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. lessened its position in Vistra Corp. (NYSE:VST) by 43.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,660 shares of the company’s stock after selling 6,707 shares during the quarter. Securian Asset Management Inc.’s holdings in Vistra were worth $1,397,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quent Capital LLC purchased a new stake in shares of Vistra in the 3rd quarter valued at $25,000. 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 valued at $27,000 after buying an additional 135 shares during the period. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in shares of Vistra in the 3rd quarter valued at $28,000. Orion Capital Management LLC purchased a new stake in shares of Vistra in the 3rd quarter valued at $29,000. Finally, Salomon & Ludwin LLC raised its holdings in shares of Vistra by 74.8% in the 4th quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock valued at $35,000 after buying an additional 92 shares during the period. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insider Activity

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $160.31, for a total value of $1,603,100.00. Following the completion of the sale, the executive vice president directly owned 114,409 shares of the company’s stock, valued at $18,340,906.79. This represents a 8.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.92% of the stock is currently owned by company insiders.

Vistra Trading Down 3.4%

NYSE:VST opened at $146.90 on Wednesday. The stock has a market cap of $49.53 billion, a P/E ratio of 24.61, a P/E/G ratio of 0.88 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 1 year low of $138.53 and a 1 year high of $219.82. The stock has a 50-day simple moving average of $157.67 and a 200-day simple moving average of $165.72.

Vistra (NYSE:VST) last announced its 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 firm had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. As a group, analysts anticipate that Vistra Corp. will post 9.16 earnings per share for the current fiscal year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 22nd will be given a $0.229 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.6%. Vistra’s payout ratio is currently 15.24%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on VST shares. BMO Capital Markets reiterated an “outperform” rating and issued a $241.00 price objective on shares of Vistra in a report on Monday, March 2nd. Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. Morgan Stanley reiterated an “overweight” rating and issued a $208.00 price objective on shares of Vistra in a report on Tuesday, April 21st. Jefferies Financial Group upgraded Vistra from a “hold” rating to a “buy” rating and boosted their price objective for the company from $191.00 to $203.00 in a report on Tuesday, February 10th. Finally, TD Cowen cut their price target on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $233.93.

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.