Vistra (NYSE:VST) Director Scott Helm Sells 25,000 Shares

Vistra Corp. (NYSE:VST) Director Scott Helm sold 25,000 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $160.00, for a total value of $4,000,000.00. Following the completion of the transaction, the director owned 232,200 shares in the company, valued at $37,152,000. This trade represents a 9.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vistra Stock Performance

VST traded up $4.76 on Thursday, hitting $163.59. 7,949,566 shares of the company traded hands, compared to its average volume of 5,156,640. Vistra Corp. has a 12-month low of $132.66 and a 12-month high of $219.82. The company has a 50 day moving average of $153.85 and a 200-day moving average of $159.72. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51. The stock has a market capitalization of $55.16 billion, a PE ratio of 27.40 and a beta of 1.40.

Vistra (NYSE:VST) last announced its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $1.32 by $1.55. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The company had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.22 billion. Sell-side analysts anticipate that Vistra Corp. will post 9.31 earnings per share for the current year.

Vistra Increases Dividend

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

Analyst Ratings Changes

Several analysts have recently commented on the stock. Wells Fargo & Company reduced their target price on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. TD Cowen dropped their price target on shares of Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. JPMorgan Chase & Co. cut their price target on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Weiss Ratings upgraded shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $241.00 price objective on shares of Vistra in a report on Monday, March 2nd. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $230.44.

Institutional Trading of Vistra

Several hedge funds and other institutional investors have recently made changes to their positions in VST. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Vistra during the 4th quarter valued at approximately $25,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of Vistra in the 3rd quarter worth approximately $28,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Vistra in the 4th quarter worth approximately $28,000. Kemnay Advisory Services Inc. purchased a new position in Vistra in the 4th quarter valued at approximately $30,000. Finally, Strive Financial Group LLC purchased a new position in Vistra in the 4th quarter valued at approximately $33,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

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.