Vistra Corp. $VST Shares Sold by Strs Ohio

Strs Ohio trimmed its stake in Vistra Corp. (NYSE:VST) by 12.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 157,890 shares of the company’s stock after selling 23,051 shares during the quarter. Strs Ohio’s holdings in Vistra were worth $30,934,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VST. Salomon & Ludwin LLC acquired a new position in shares of Vistra in the 3rd quarter valued at $25,000. Quent Capital LLC purchased a new stake in Vistra during the third quarter valued at about $25,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Vistra during the second quarter valued at about $28,000. Anfield Capital Management LLC acquired a new position in shares of Vistra in the second quarter worth about $29,000. Finally, City State Bank increased its position in shares of Vistra by 210.0% in the second quarter. City State Bank now owns 155 shares of the company’s stock worth $30,000 after acquiring an additional 105 shares in the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Price Performance

VST opened at $160.08 on Friday. The stock has a fifty day moving average price of $167.47 and a 200 day moving average price of $186.84. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74. Vistra Corp. has a 1 year low of $90.51 and a 1 year high of $219.82. The stock has a market cap of $54.24 billion, a price-to-earnings ratio of 57.79, a PEG ratio of 0.99 and a beta of 1.41.

Vistra (NYSE:VST) last released its quarterly earnings data on Friday, November 7th. The company reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). The firm had revenue of $4.97 billion during the quarter, compared to analyst estimates of $6.60 billion. Vistra had a return on equity of 64.04% and a net margin of 6.70%. Analysts forecast that Vistra Corp. will post 7 EPS for the current fiscal year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were given a dividend of $0.227 per share. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 annualized dividend and a yield of 0.6%. Vistra’s dividend payout ratio (DPR) is currently 32.85%.

Analyst Ratings Changes

VST has been the subject of several research analyst reports. BMO Capital Markets upped their price target on shares of Vistra from $230.00 to $244.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Morgan Stanley set a $227.00 target price on shares of Vistra in a research note on Wednesday. Bank of America reduced their target price on Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a report on Monday, January 12th. Scotiabank lifted their price target on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Finally, JPMorgan Chase & Co. dropped their price target on Vistra from $249.00 to $233.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 16th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $239.20.

Insider Buying and Selling

In other Vistra news, EVP Carrie Lee Kirby sold 58,275 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $174.75, for a total value of $10,183,556.25. Following the completion of the sale, the executive vice president owned 218,239 shares of the company’s stock, valued at $38,137,265.25. The trade was a 21.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO James A. Burke sold 22,251 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $162.05, for a total value of $3,605,774.55. Following the transaction, the chief executive officer directly owned 297,998 shares in the company, valued at approximately $48,290,575.90. This represents a 6.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 196,794 shares of company stock valued at $34,784,876 in the last three months. 1.42% of the stock is currently owned by corporate 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.