Vistra Corp. $VST Shares Sold by Sirios Capital Management L P

Sirios Capital Management L P trimmed its position in Vistra Corp. (NYSE:VST) by 50.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 59,314 shares of the company’s stock after selling 60,213 shares during the quarter. Vistra comprises 1.5% of Sirios Capital Management L P’s investment portfolio, making the stock its 24th biggest position. Sirios Capital Management L P’s holdings in Vistra were worth $11,621,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Salomon & Ludwin LLC acquired a new stake in shares of Vistra in the third quarter valued at $25,000. Quent Capital LLC acquired a new stake in shares of Vistra in the 3rd quarter valued at $25,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Vistra during the second quarter worth approximately $28,000. Archer Investment Corp increased its position in shares of Vistra by 2,700.0% during the third quarter. Archer Investment Corp now owns 140 shares of the company’s stock worth $27,000 after purchasing an additional 135 shares in the last quarter. Finally, Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Vistra during the 3rd quarter worth $28,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Trading Down 0.3%

Shares of Vistra stock opened at $159.09 on Friday. The company has a 50-day moving average of $163.48 and a two-hundred day moving average of $178.46. Vistra Corp. has a 12-month low of $90.51 and a 12-month high of $219.82. The company has a current ratio of 0.78, a quick ratio of 0.69 and a debt-to-equity ratio of 6.01. The stock has a market cap of $53.90 billion, a PE ratio of 73.31, a price-to-earnings-growth ratio of 0.96 and a beta of 1.42.

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

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th will be issued a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.6%. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Friday, March 20th. Vistra’s payout ratio is presently 41.94%.

Insider Buying and Selling at Vistra

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of Vistra stock in a transaction that occurred on Monday, March 9th. The shares were 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 approximately $18,340,906.79. The trade was a 8.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.42% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

VST has been the topic of several analyst reports. Scotiabank lifted their target price on shares of Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Weiss Ratings restated a “hold (c)” rating on shares of Vistra in a research report on Monday, December 29th. Wells Fargo & Company lowered their price objective on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. BMO Capital Markets reissued an “outperform” rating and set a $241.00 target price on shares of Vistra in a research note on Monday, March 2nd. Finally, Bank of America reduced their price target on Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a report on Monday, January 12th. Three investment 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 stock. According to MarketBeat.com, Vistra has a consensus rating of “Buy” and a consensus target price of $236.40.

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.