Vistra Corp. (NYSE:VST) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC decreased its stake in shares of Vistra Corp. (NYSE:VST) by 33.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,789,779 shares of the company’s stock after selling 1,937,166 shares during the quarter. Janus Henderson Group PLC owned approximately 1.09% of Vistra worth $263,948,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Mather Group LLC. purchased a new position in shares of Vistra in the 1st quarter valued at about $26,000. Riverview Trust Co purchased a new position in shares of Vistra in the 1st quarter valued at about $39,000. ORG Partners LLC purchased a new position in shares of Vistra in the 1st quarter valued at about $46,000. Blue Trust Inc. increased its holdings in shares of Vistra by 160.7% in the 4th quarter. Blue Trust Inc. now owns 717 shares of the company’s stock valued at $28,000 after acquiring an additional 442 shares during the last quarter. Finally, Lindbrook Capital LLC increased its holdings in shares of Vistra by 64.4% in the 4th quarter. Lindbrook Capital LLC now owns 840 shares of the company’s stock valued at $32,000 after acquiring an additional 329 shares during the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

Vistra stock traded down $2.24 during mid-day trading on Tuesday, reaching $69.00. 6,306,088 shares of the company were exchanged, compared to its average volume of 6,703,062. Vistra Corp. has a twelve month low of $27.54 and a twelve month high of $107.24. The firm’s 50-day simple moving average is $88.39 and its two-hundred day simple moving average is $70.98. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.96 and a current ratio of 1.08. The firm has a market cap of $23.97 billion, a PE ratio of 43.50 and a beta of 1.05.

Vistra (NYSE:VST) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.39). Vistra had a return on equity of 24.72% and a net margin of 5.66%. The company had revenue of $3.05 billion for the quarter, compared to analyst estimates of $3.81 billion. Equities analysts predict that Vistra Corp. will post 4.99 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Wednesday, June 19th were given a dividend of $0.218 per share. This represents a $0.87 dividend on an annualized basis and a yield of 1.26%. This is a boost from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Tuesday, June 18th. Vistra’s dividend payout ratio (DPR) is presently 53.37%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on VST. Janney Montgomery Scott began coverage on Vistra in a report on Thursday, April 18th. They issued a “buy” rating and a $82.00 price objective on the stock. BMO Capital Markets upped their target price on Vistra from $79.00 to $109.00 and gave the company an “outperform” rating in a research report on Friday, May 10th. UBS Group upped their target price on Vistra from $85.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, May 9th. Evercore ISI upped their target price on Vistra from $72.00 to $79.00 and gave the company an “outperform” rating in a research report on Thursday, April 4th. Finally, Morgan Stanley upped their target price on Vistra from $86.00 to $110.00 and gave the company an “overweight” rating in a research report on Tuesday, May 28th. Six equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $87.83.

Insiders Place Their Bets

In other Vistra news, Director Lisa Crutchfield purchased 335 shares of Vistra stock in a transaction dated Monday, June 10th. The stock was acquired at an average cost of $89.46 per share, with a total value of $29,969.10. Following the acquisition, the director now directly owns 32,186 shares of the company’s stock, valued at $2,879,359.56. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 1.42% of the stock is owned by insiders.

Vistra Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.