SG Americas Securities LLC Buys 284,632 Shares of Vistra Corp. $VST

SG Americas Securities LLC grew its stake in Vistra Corp. (NYSE:VST) by 1,373.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 305,362 shares of the company’s stock after buying an additional 284,632 shares during the quarter. SG Americas Securities LLC owned 0.09% of Vistra worth $49,264,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Norges Bank acquired a new position in Vistra in the 2nd quarter worth $930,080,000. Alkeon Capital Management LLC lifted its holdings in shares of Vistra by 280.6% in the second quarter. Alkeon Capital Management LLC now owns 1,356,357 shares of the company’s stock valued at $262,876,000 after purchasing an additional 1,000,000 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Vistra by 15.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 7,106,465 shares of the company’s stock worth $1,392,299,000 after buying an additional 930,912 shares during the period. Invesco Ltd. grew its holdings in shares of Vistra by 25.2% during the second quarter. Invesco Ltd. now owns 4,537,384 shares of the company’s stock worth $879,390,000 after buying an additional 913,350 shares in the last quarter. Finally, Palidye Holdings Caymans Ltd bought a new position in shares of Vistra during the second quarter worth about $145,987,000. Institutional investors own 90.88% of the company’s stock.

Insider Transactions at Vistra

In other news, EVP Stephanie Zapata Moore sold 10,000 shares of the firm’s stock in a transaction that occurred on 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 trade represents a 8.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.42% of the stock is owned by corporate insiders.

Vistra Price Performance

Shares of VST opened at $152.63 on Wednesday. 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 company’s fifty day simple moving average is $162.80 and its 200 day simple moving average is $176.73. Vistra Corp. has a 1-year low of $90.51 and a 1-year high of $219.82. The company has a market cap of $51.67 billion, a price-to-earnings ratio of 70.33, a PEG ratio of 0.92 and a beta of 1.42.

Vistra (NYSE:VST) last announced its quarterly earnings results on Thursday, February 26th. The company reported $2.18 EPS 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 net margin of 5.32% and a return on equity of 81.09%. On average, research analysts forecast that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Vistra Increases Dividend

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

Analysts Set New Price Targets

VST has been the topic of several research reports. Wells Fargo & Company cut their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Morgan Stanley restated an “overweight” rating and set a $215.00 target price on shares of Vistra in a report on Friday, February 20th. Scotiabank raised their target price on shares of Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. JPMorgan Chase & Co. boosted their price target on shares of Vistra from $239.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, March 19th. Finally, The Goldman Sachs Group upgraded Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective for the company in a report on Friday, February 6th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $236.87.

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.