IPG Investment Advisors LLC Trims Holdings in Vistra Corp. $VST

IPG Investment Advisors LLC reduced its holdings in shares of Vistra Corp. (NYSE:VST) by 34.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,377 shares of the company’s stock after selling 7,675 shares during the quarter. IPG Investment Advisors LLC’s holdings in Vistra were worth $2,319,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Payden & Rygel lifted its stake in Vistra by 3,118.2% during the fourth quarter. Payden & Rygel now owns 35,400 shares of the company’s stock worth $5,711,000 after purchasing an additional 34,300 shares during the last quarter. Signature Estate & Investment Advisors LLC bought a new position in Vistra during the fourth quarter worth $29,875,000. Ameritas Advisory Services LLC lifted its stake in Vistra by 7,556.0% during the fourth quarter. Ameritas Advisory Services LLC now owns 7,656 shares of the company’s stock worth $1,235,000 after purchasing an additional 7,556 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Vistra during the third quarter worth $1,445,000. Finally, North Dakota State Investment Board bought a new position in Vistra during the fourth quarter worth $1,875,000. 90.88% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on VST. Raymond James Financial set a $208.00 price objective on Vistra in a research note on Monday, April 27th. TD Cowen reduced their price objective on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. cut their target price on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $190.00 target price on shares of Vistra in a research note on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $233.33.

Vistra Stock Performance

VST stock opened at $160.02 on Thursday. The stock has a market capitalization of $53.96 billion, a price-to-earnings ratio of 26.80 and a beta of 1.43. 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 Corp. has a 1 year low of $132.66 and a 1 year high of $219.82. The stock’s fifty day moving average is $154.48 and its two-hundred day moving average is $162.30.

Vistra (NYSE:VST) last issued its quarterly earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $1.55. The company had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. On average, research analysts predict that Vistra Corp. will post 9.3 EPS for the current year.

Vistra Increases Dividend

The firm also recently declared 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 dividend on an annualized basis 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 of this dividend is Monday, June 22nd. Vistra’s dividend payout ratio is 15.24%.

Insider Activity at Vistra

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 transaction, the executive vice president directly owned 114,409 shares of the company’s stock, valued at approximately $18,340,906.79. This trade represents a 8.04% 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. Company insiders own 0.92% of the company’s stock.

Vistra Company 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.