Wellington Management Group LLP Grows Stock Holdings in Vistra Corp. $VST

Wellington Management Group LLP boosted its stake in Vistra Corp. (NYSE:VST) by 51.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,400,924 shares of the company’s stock after acquiring an additional 472,887 shares during the period. Wellington Management Group LLP’s holdings in Vistra were worth $222,229,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VST. BlackRock Inc. purchased a new stake in shares of Vistra during the second quarter worth approximately $4,610,496,000. Norges Bank acquired a new stake in shares of Vistra in the 4th quarter worth $746,729,000. Fifth Third Bancorp boosted its holdings in shares of Vistra by 95.1% in the first quarter. Fifth Third Bancorp now owns 177,199 shares of the company’s stock valued at $26,638,000 after acquiring an additional 86,393 shares in the last quarter. Payden & Rygel boosted its holdings in shares of Vistra by 3,118.2% in the fourth quarter. Payden & Rygel now owns 35,400 shares of the company’s stock valued at $5,711,000 after acquiring an additional 34,300 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC acquired a new position in shares of Vistra during the fourth quarter worth about $29,875,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on the company. Weiss Ratings cut Vistra from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, August 13th. Scotiabank increased their price objective on Vistra from $293.00 to $298.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. UBS Group reduced their target price on Vistra from $233.00 to $227.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. The Goldman Sachs Group set a $206.00 target price on shares of Vistra in a research report on Wednesday, August 12th. Finally, Zacks Research cut shares of Vistra from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $223.53.

Vistra Stock Performance

Shares of VST stock opened at $137.16 on Monday. The stock has a fifty day moving average price of $151.62 and a 200 day moving average price of $155.50. The company has a debt-to-equity ratio of 5.87, a quick ratio of 0.87 and a current ratio of 0.97. The stock has a market cap of $46.04 billion, a PE ratio of 23.17 and a beta of 1.41. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82.

Vistra (NYSE:VST) last posted its earnings results on Friday, August 7th. The company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $1.61 by ($0.85). Vistra had a net margin of 11.55% and a return on equity of 108.68%. The firm had revenue of $4.02 billion during the quarter, compared to analyst estimates of $5.46 billion. Sell-side analysts forecast that Vistra Corp. will post 9.21 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, September 21st. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is currently 15.54%.

Insider Buying and Selling at Vistra

In other Vistra news, Director John R. Sult sold 6,500 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $170.00, for a total value of $1,105,000.00. Following the sale, the director owned 70,714 shares of the company’s stock, valued at $12,021,380. This represents a 8.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $37,332.00. Following the completion of the sale, the director owned 53,006 shares in the company, valued at $8,109,918. This represents a 0.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 36,588 shares of company stock valued at $5,914,427. Insiders own 0.92% of the company’s stock.

Vistra Profile

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.