Nordea Investment Management AB Has $3.26 Million Stock Holdings in Vistra Corp. $VST

Nordea Investment Management AB lowered its stake in Vistra Corp. (NYSE:VST) by 94.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 20,139 shares of the company’s stock after selling 342,039 shares during the quarter. Nordea Investment Management AB’s holdings in Vistra were worth $3,259,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Salomon & Ludwin LLC acquired a new position in shares of Vistra during the 3rd quarter worth approximately $25,000. Quent Capital LLC bought a new stake in shares of Vistra during the 3rd quarter worth approximately $25,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Vistra in the 2nd quarter valued at approximately $28,000. Archer Investment Corp grew its stake in shares of 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 buying an additional 135 shares in the last quarter. Finally, Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in shares of Vistra in the third quarter valued at $28,000. Institutional investors own 90.88% of the company’s stock.

Insiders Place Their Bets

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of Vistra stock in a transaction dated 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 owned 114,409 shares in the company, valued at $18,340,906.79. The trade was a 8.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.42% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

VST has been the topic of several analyst reports. Morgan Stanley reaffirmed an “overweight” rating and set a $215.00 price target on shares of Vistra in a research report on Friday, February 20th. Bank of America decreased their price objective on shares of Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a research report on Monday, January 12th. BMO Capital Markets restated an “outperform” rating and set a $241.00 price objective on shares of Vistra in a research note on Monday, March 2nd. 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 note on Monday, January 12th. Finally, UBS Group lifted their price target on Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Vistra presently has a consensus rating of “Buy” and a consensus target price of $236.87.

Vistra Stock Performance

VST opened at $155.77 on Friday. The company has a debt-to-equity ratio of 6.01, a current ratio of 0.78 and a quick ratio of 0.69. The business has a fifty day simple moving average of $161.67 and a 200 day simple moving average of $176.16. Vistra Corp. has a 1 year low of $90.51 and a 1 year high of $219.82. The company has a market capitalization of $52.74 billion, a PE ratio of 71.79, a price-to-earnings-growth ratio of 0.93 and a beta of 1.42.

Vistra (NYSE:VST) last posted its quarterly earnings data on Thursday, February 26th. The company reported $2.18 earnings per share for the quarter, missing the consensus estimate of $2.45 by ($0.27). The firm had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $5.75 billion. Vistra had a return on equity of 81.09% and a net margin of 5.32%. Research analysts expect that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

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

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.