Lombard Odier Asset Management USA Corp Invests $616,000 in Vistra Corp. $VST

Lombard Odier Asset Management USA Corp acquired a new position in shares of Vistra Corp. (NYSE:VST) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 3,816 shares of the company’s stock, valued at approximately $616,000.

Other large investors have also recently modified their holdings of the company. Empowered Funds LLC increased its position in Vistra by 24.1% during the 1st quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock valued at $2,371,000 after buying an additional 3,920 shares in the last quarter. Woodline Partners LP increased its position in Vistra by 40.7% during the 1st quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock valued at $3,376,000 after buying an additional 8,312 shares in the last quarter. Focus Partners Wealth increased its position in Vistra by 37.3% during the 1st quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock valued at $920,000 after buying an additional 2,125 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Vistra during the 2nd quarter valued at about $269,000. Finally, Slocum Gordon & Co LLP increased its position in Vistra by 20.0% during the 2nd quarter. Slocum Gordon & Co LLP now owns 1,200 shares of the company’s stock valued at $233,000 after buying an additional 200 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Vistra Stock Up 3.3%

Shares of VST opened at $158.53 on Wednesday. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. Vistra Corp. has a 12 month low of $132.66 and a 12 month high of $219.82. The stock’s 50 day moving average is $153.72 and its two-hundred day moving average is $159.85. The firm has a market cap of $53.45 billion, a P/E ratio of 26.55 and a beta of 1.40.

Vistra (NYSE:VST) last issued its quarterly earnings data on Thursday, May 7th. The company reported $2.87 EPS for the quarter, beating the consensus estimate of $1.32 by $1.55. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The company had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.22 billion. Analysts predict that Vistra Corp. will post 9.31 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be given a $0.229 dividend. This represents a $0.92 annualized dividend 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 is Monday, June 22nd. Vistra’s dividend payout ratio (DPR) is 15.24%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on VST. Wells Fargo & Company reduced their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a research report on Friday, February 27th. TD Cowen cut their price target on shares of Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. BMO Capital Markets reissued an “outperform” rating and issued a $241.00 price objective on shares of Vistra in a report on Monday, March 2nd. Sanford C. Bernstein set a $187.00 price objective on shares of Vistra in a research note on Tuesday. Finally, Weiss Ratings raised Vistra from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $230.44.

Insider Activity

In other news, CAO Margaret Montemayor sold 4,600 shares of Vistra stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $160.00, for a total value of $736,000.00. Following the sale, the chief accounting officer owned 9,760 shares in the company, valued at $1,561,600. This trade represents a 32.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Paul M. Barbas sold 244 shares of Vistra stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $153.00, for a total transaction of $37,332.00. Following the completion of the sale, the director owned 53,006 shares in the company, valued at approximately $8,109,918. This trade represents a 0.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 10,088 shares of company stock worth $1,634,227. Company insiders own 0.92% of the company’s stock.

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.