Vistra (NYSE:VST) CAO Margaret Montemayor Sells 5,000 Shares of Stock

Vistra Corp. (NYSE:VST) CAO Margaret Montemayor sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $164.96, for a total value of $824,800.00. Following the completion of the sale, the chief accounting officer owned 14,360 shares of the company’s stock, valued at $2,368,825.60. This trade represents a 25.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Vistra Stock Performance

Shares of NYSE:VST opened at $160.10 on Friday. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79. The business’s 50 day moving average price is $154.20 and its 200-day moving average price is $162.07. The firm has a market capitalization of $53.98 billion, a PE ratio of 26.82 and a beta of 1.43. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82.

Vistra (NYSE:VST) last issued its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $1.55. The firm 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%. As a group, equities research analysts expect that Vistra Corp. will post 9.3 earnings per share for the current fiscal year.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be paid a $0.229 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, June 22nd. Vistra’s dividend payout ratio is presently 15.24%.

Hedge Funds Weigh In On Vistra

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Empowered Funds LLC raised its position in Vistra by 24.1% in the first quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock valued at $2,371,000 after purchasing an additional 3,920 shares during the period. Woodline Partners LP raised its position in Vistra by 40.7% in the first quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock valued at $3,376,000 after purchasing an additional 8,312 shares during the period. Focus Partners Wealth raised its position in Vistra by 37.3% in the first quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock valued at $920,000 after purchasing an additional 2,125 shares during the period. Sivia Capital Partners LLC purchased a new stake in Vistra in the second quarter valued at $269,000. Finally, Slocum Gordon & Co LLP raised its position in Vistra by 20.0% in the second quarter. Slocum Gordon & Co LLP now owns 1,200 shares of the company’s stock valued at $233,000 after purchasing an additional 200 shares during the period. Institutional investors and hedge funds own 90.88% of the company’s stock.

Wall Street Analyst Weigh In

VST has been the topic of a number of research analyst reports. Raymond James Financial set a $208.00 price target on Vistra in a research note on Monday, April 27th. The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price target on the stock in a research note on Friday, February 6th. JPMorgan Chase & Co. lowered their price objective on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Weiss Ratings raised Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Finally, Wells Fargo & Company lowered their price objective on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $233.33.

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.