Senator Investment Group LP Has $17.75 Million Stake in Vistra Corp. $VST

Senator Investment Group LP decreased its position in shares of Vistra Corp. (NYSE:VST) by 31.3% during the 4th quarter, HoldingsChannel reports. The fund owned 110,000 shares of the company’s stock after selling 50,000 shares during the period. Senator Investment Group LP’s holdings in Vistra were worth $17,746,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Vistra during the 4th quarter valued at $25,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of Vistra during the 3rd quarter valued at $28,000. Salomon & Ludwin LLC boosted its holdings in shares of Vistra by 74.8% during 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 in the last quarter. IFC & Insurance Marketing Inc. acquired a new position in Vistra during the 4th quarter worth about $35,000. Finally, Triumph Capital Management acquired a new position in Vistra during the 3rd quarter worth about $38,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the company. BMO Capital Markets reaffirmed an “outperform” rating and set a $241.00 target price on shares of Vistra in a report on Monday, March 2nd. TD Cowen cut their target price on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Weiss Ratings raised Vistra from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Jefferies Financial Group reaffirmed a “buy” rating and set a $190.00 target price on shares of Vistra in a report on Thursday, May 21st. Finally, Wells Fargo & Company cut their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $233.33.

Vistra Price Performance

Shares of NYSE VST opened at $153.47 on Tuesday. Vistra Corp. has a twelve month low of $132.66 and a twelve month high of $219.82. The firm has a fifty day simple moving average of $153.57 and a 200 day simple moving average of $159.98. The company has a market capitalization of $51.75 billion, a PE ratio of 25.71 and a beta of 1.40. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51.

Vistra (NYSE:VST) last announced its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $1.55. The business had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.22 billion. Vistra had a net margin of 11.52% and a return on equity of 105.64%. On average, sell-side analysts forecast that Vistra Corp. will post 9.3 EPS for the current year.

Vistra Increases Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Monday, June 22nd. 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. Vistra’s dividend payout ratio (DPR) is presently 15.24%.

Insider Activity

In other news, CAO Margaret Montemayor sold 5,000 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total value of $824,800.00. Following the transaction, the chief accounting officer directly owned 14,360 shares of the company’s stock, valued at $2,368,825.60. The trade was a 25.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.92% of the stock is owned by corporate insiders.

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.