Vistra Corp. $VST Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its holdings in Vistra Corp. (NYSE:VSTFree Report) by 19.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,255 shares of the company’s stock after acquiring an additional 10,237 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vistra were worth $10,044,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Vistra in the 3rd quarter valued at approximately $28,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Vistra in the 4th quarter valued at approximately $25,000. Triumph Capital Management acquired a new stake in Vistra in the 3rd quarter valued at approximately $38,000. Strive Asset Management LLC acquired a new stake in Vistra in the 3rd quarter valued at approximately $38,000. Finally, Salomon & Ludwin LLC increased its position in Vistra by 74.8% in the 4th quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock valued at $35,000 after acquiring an additional 92 shares during the period. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VST has been the topic of several analyst reports. BMO Capital Markets restated an “outperform” rating and issued a $241.00 target price on shares of Vistra in a research report on Monday, March 2nd. TD Cowen lowered their target price on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Wells Fargo & Company decreased their price target on Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Morgan Stanley reaffirmed an “overweight” rating and set a $212.00 price target on shares of Vistra in a research note on Thursday, May 21st. Finally, Weiss Ratings raised Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $233.33.

View Our Latest Analysis on VST

Insiders Place Their Bets

In other news, CAO Margaret Montemayor sold 5,000 shares of the stock in a transaction on Wednesday, May 27th. The stock was 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 in the company, valued at $2,368,825.60. This represents a 25.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Stephanie Zapata Moore sold 10,000 shares of the stock in a transaction on Monday, March 9th. The shares were sold at an average price of $160.31, for a total value of $1,603,100.00. Following the completion of the sale, the executive vice president owned 114,409 shares of the company’s stock, valued at $18,340,906.79. The trade was a 8.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.92% of the stock is owned by corporate insiders.

Vistra Stock Performance

VST opened at $154.70 on Tuesday. The firm has a market cap of $52.16 billion, a PE ratio of 25.91 and a beta of 1.43. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51. The business has a fifty day simple moving average of $153.95 and a 200-day simple moving average of $161.72. Vistra Corp. has a fifty-two week low of $132.66 and a fifty-two week high of $219.82.

Vistra (NYSE:VSTGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, topping the consensus estimate of $1.32 by $1.55. The business had revenue of $5.64 billion during 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 analysts predict that Vistra Corp. will post 9.3 EPS for the current fiscal year.

Vistra Increases Dividend

The firm also recently announced 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. The ex-dividend date is Monday, June 22nd. This is an increase 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%. Vistra’s dividend payout ratio is currently 15.24%.

Vistra Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vistra (NYSE:VST)

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