Union Bancaire Privee UBP SA Boosts Holdings in Vistra Corp. $VST

Union Bancaire Privee UBP SA grew its position in shares of Vistra Corp. (NYSE:VST) by 56.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 152,657 shares of the company’s stock after purchasing an additional 55,291 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in Vistra were worth $22,949,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in shares of Vistra in the third quarter valued at about $28,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Vistra in the fourth quarter valued at $25,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Vistra in the 4th quarter valued at about $28,000. Kemnay Advisory Services Inc. purchased a new position in Vistra in the fourth quarter valued at about $30,000. Finally, Triumph Capital Management purchased a new position in Vistra in the 3rd quarter valued at approximately $38,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

Shares of VST opened at $163.69 on Friday. The firm has a fifty day moving average of $154.82 and a 200-day moving average of $159.37. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82. The company has a market cap of $55.19 billion, a price-to-earnings ratio of 27.42 and a beta of 1.40. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.79 and a current ratio of 0.90.

Vistra (NYSE:VST) last released its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $5.22 billion. As a group, equities analysts anticipate that Vistra Corp. will post 9.52 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. Stockholders of record on Monday, June 22nd will be issued a $0.229 dividend. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. 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 currently 15.41%.

Insider Buying and Selling at Vistra

In other news, Director Paul M. Barbas sold 244 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $153.00, for a total value of $37,332.00. Following the completion of the sale, the director directly owned 53,006 shares of the company’s stock, valued at $8,109,918. This represents a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John R. Sult sold 6,500 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $170.00, for a total value of $1,105,000.00. Following the sale, the director directly owned 70,714 shares of the company’s stock, valued at $12,021,380. This trade represents a 8.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 41,588 shares of company stock worth $6,739,227. 0.92% of the stock is owned by corporate insiders.

Analyst Ratings Changes

VST has been the subject of a number of research reports. BMO Capital Markets restated an “outperform” rating and set a $241.00 target price on shares of Vistra in a research report on Monday, March 2nd. Seaport Research Partners restated a “buy” rating and issued a $230.00 price target on shares of Vistra in a report on Monday, June 15th. Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Morgan Stanley restated an “overweight” rating and issued a $210.00 price target on shares of Vistra in a report on Wednesday. Finally, Jefferies Financial Group restated a “buy” rating and set a $190.00 price objective on shares of Vistra in a research note on Thursday, May 21st. 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 MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $230.31.

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.