Vistra (NYSE:VST) Trading Down 1.4% – What’s Next?

Vistra Corp. (NYSE:VST) was down 1.4% on Tuesday . The stock traded as low as $132.66 and last traded at $134.8380. Approximately 5,849,588 shares were traded during mid-day trading, an increase of 13% from the average daily volume of 5,192,051 shares. The stock had previously closed at $136.75.

Analyst Ratings Changes

A number of brokerages recently commented on VST. Wells Fargo & Company reduced their price objective on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a research report on Friday, February 27th. Morgan Stanley restated an “overweight” rating and issued a $208.00 target price on shares of Vistra in a research report on Tuesday, April 21st. Jefferies Financial Group raised Vistra from a “hold” rating to a “buy” rating and lifted their price objective for the company from $191.00 to $203.00 in a research note on Tuesday, February 10th. The Goldman Sachs Group upgraded shares of Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price target for the company in a research note on Friday, February 6th. Finally, Weiss Ratings raised Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $233.93.

Vistra Trading Down 1.4%

The firm has a market capitalization of $45.46 billion, a PE ratio of 22.59, a P/E/G ratio of 0.79 and a beta of 1.43. The business has a 50 day moving average price of $155.72 and a 200-day moving average price of $164.17. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51.

Vistra (NYSE:VST) last released its quarterly earnings data 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. The firm had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. Analysts expect that Vistra Corp. will post 9.31 earnings per share for the current year.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be issued a dividend of $0.229 per share. This represents a $0.92 annualized dividend and a dividend yield of 0.7%. This is a positive change from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Monday, June 22nd. Vistra’s payout ratio is 15.24%.

Insider Activity

In other news, EVP Stephanie Zapata Moore sold 10,000 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the sale, the executive vice president owned 114,409 shares in the company, 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 document filed with the Securities & Exchange Commission, which is available through this link. 0.92% of the stock is owned by company insiders.

Institutional Investors Weigh In On Vistra

Hedge funds have recently made changes to their positions in the business. Quent Capital LLC acquired a new position in Vistra in the third quarter valued at $25,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Vistra in the fourth quarter valued at $25,000. Archer Investment Corp boosted its holdings 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 during the last quarter. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in Vistra in the third quarter valued at $28,000. Finally, Mcguire Capital Advisors Inc. acquired a new position in Vistra in the fourth quarter valued at $28,000. 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.