Kayne Anderson Capital Advisors LP Has $2.47 Million Holdings in Vistra Corp. $VST

Kayne Anderson Capital Advisors LP lessened its position in shares of Vistra Corp. (NYSE:VST) by 54.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,553 shares of the company’s stock after selling 18,859 shares during the period. Kayne Anderson Capital Advisors LP’s holdings in Vistra were worth $2,467,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Vistra during the fourth quarter worth approximately $25,000. Mcguire Capital Advisors Inc. bought a new stake in Vistra in the 4th quarter valued at $28,000. Kemnay Advisory Services Inc. bought a new stake in Vistra in the 4th quarter valued at $30,000. Strive Financial Group LLC acquired a new position in Vistra in the 4th quarter valued at $33,000. Finally, Salomon & Ludwin LLC grew its holdings 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 buying an additional 92 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

VST has been the topic of several recent research reports. Sanford C. Bernstein set a $187.00 price objective on Vistra and gave the stock an “outperform” rating in a research report on Tuesday, June 16th. UBS Group decreased their price target on shares of Vistra from $233.00 to $227.00 and set a “buy” rating on the stock in a research note on Tuesday, July 28th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $212.00 price target on shares of Vistra in a research report on Monday, August 10th. Raymond James Financial set a $208.00 price target on shares of Vistra in a research report on Monday, April 27th. Finally, BNP Paribas Exane set a $255.00 price objective on shares of Vistra in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $226.00.

Vistra Trading Down 2.7%

Shares of Vistra stock opened at $138.88 on Friday. The company has a quick ratio of 0.87, a current ratio of 0.97 and a debt-to-equity ratio of 5.87. Vistra Corp. has a 12-month low of $132.66 and a 12-month high of $219.82. The company has a market capitalization of $46.61 billion, a price-to-earnings ratio of 23.46 and a beta of 1.41. The firm’s 50-day moving average price is $153.96 and its two-hundred day moving average price is $155.97.

Vistra (NYSE:VST) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by ($0.85). The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $5.46 billion. Vistra had a return on equity of 108.68% and a net margin of 11.55%. On average, analysts forecast that Vistra Corp. will post 9.23 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, September 21st. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is 15.54%.

Insiders Place Their Bets

In related news, Director Paul M. Barbas sold 244 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $153.00, for a total value of $37,332.00. Following the sale, the director directly owned 53,006 shares of the company’s stock, valued at $8,109,918. This trade represents a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Scott B. Helm sold 25,000 shares of Vistra stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $160.00, for a total value of $4,000,000.00. Following the completion of the transaction, the director owned 232,200 shares in the company, valued at approximately $37,152,000. This represents a 9.72% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 41,588 shares of company stock worth $6,739,227. 0.92% of the stock is currently owned by company 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.