Vistra Corp. $VST Shares Sold by Westover Capital Advisors LLC

Westover Capital Advisors LLC decreased its position in Vistra Corp. (NYSE:VST) by 8.6% in the 4th quarter, Holdings Channel reports. The fund owned 40,518 shares of the company’s stock after selling 3,818 shares during the period. Vistra accounts for 1.2% of Westover Capital Advisors LLC’s holdings, making the stock its 20th biggest holding. Westover Capital Advisors LLC’s holdings in Vistra were worth $6,537,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Archer Investment Corp grew its position in Vistra by 2,700.0% in the third quarter. Archer Investment Corp now owns 140 shares of the company’s stock valued at $27,000 after acquiring an additional 135 shares in the last quarter. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Vistra in the third quarter valued at approximately $28,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Vistra in the fourth quarter valued at approximately $25,000. Triumph Capital Management acquired a new stake in Vistra in the third quarter valued at approximately $38,000. Finally, Strive Asset Management LLC acquired a new stake in Vistra in the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Wells Fargo & Company reduced their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Jefferies Financial Group reiterated a “buy” rating and set a $190.00 target price on shares of Vistra in a research note on Thursday. 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. BMO Capital Markets reiterated an “outperform” rating and set a $241.00 target price on shares of Vistra in a research note on Monday, March 2nd. Finally, The Goldman Sachs Group upgraded Vistra from a “neutral” rating to a “buy” rating and set a $205.00 target price for the company in a research note on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $233.33.

Insiders Place Their Bets

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the stock in a transaction on Monday, March 9th. The shares were 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 of the company’s stock, valued at approximately $18,340,906.79. This represents a 8.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.92% of the stock is currently owned by insiders.

Vistra Stock Performance

Vistra stock opened at $156.40 on Monday. The stock has a market cap of $52.73 billion, a P/E ratio of 26.20, a price-to-earnings-growth ratio of 0.89 and a beta of 1.43. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. The stock has a 50 day moving average of $154.49 and a 200-day moving average of $162.86. Vistra Corp. has a 52 week low of $132.66 and a 52 week high of $219.82.

Vistra (NYSE:VST) last released its earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, beating the consensus estimate of $1.32 by $1.55. The company 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%. On average, analysts expect that Vistra Corp. will post 9.3 EPS for the current fiscal year.

Vistra Increases Dividend

The firm also recently announced 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. The ex-dividend date is Monday, June 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 annualized dividend and a yield of 0.6%. Vistra’s payout ratio is presently 15.24%.

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.