6,060 Shares in Vistra Corp. $VST Purchased by Greenland Capital Management LP

Greenland Capital Management LP acquired a new position in shares of Vistra Corp. (NYSE:VST) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,060 shares of the company’s stock, valued at approximately $961,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Daiichi Life Insurance Co. Ltd. boosted its position in shares of Vistra by 2.8% in the 2nd quarter. Daiichi Life Insurance Co. Ltd. now owns 18,584 shares of the company’s stock worth $2,948,000 after purchasing an additional 500 shares in the last quarter. Commerce Bank increased its position in Vistra by 3.9% during the 2nd quarter. Commerce Bank now owns 26,506 shares of the company’s stock valued at $4,205,000 after buying an additional 986 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Vistra by 14.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 449,148 shares of the company’s stock valued at $71,248,000 after buying an additional 57,852 shares in the last quarter. Gabelli Funds LLC increased its position in Vistra by 138.9% during the 2nd quarter. Gabelli Funds LLC now owns 8,600 shares of the company’s stock valued at $1,364,000 after buying an additional 5,000 shares in the last quarter. Finally, Gamco Investors INC. ET AL purchased a new position in Vistra during the second quarter valued at $201,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Analyst Ratings Changes

VST has been the topic of several analyst reports. BNP Paribas Exane set a $255.00 target price on Vistra in a report on Wednesday. Wells Fargo & Company restated an “overweight” rating and set a $212.00 price target on shares of Vistra in a report on Monday, August 10th. Weiss Ratings lowered Vistra from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, August 13th. Morgan Stanley upped their price target on shares of Vistra from $212.00 to $227.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Seaport Research Partners reissued a “buy” rating and set a $230.00 price objective on shares of Vistra in a research report on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $226.94.

Insider Activity at Vistra

In other news, Director John R. Sult sold 6,500 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $170.00, for a total value of $1,105,000.00. Following the transaction, the director owned 70,714 shares of the company’s stock, valued at approximately $12,021,380. The trade was a 8.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Scott B. Helm sold 25,000 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $160.00, for a total transaction of $4,000,000.00. Following the transaction, the director owned 232,200 shares of the company’s stock, valued at approximately $37,152,000. This represents a 9.72% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 41,588 shares of company stock valued at $6,739,227. Corporate insiders own 0.92% of the company’s stock.

Vistra Price Performance

NYSE VST opened at $136.43 on Friday. The business’s fifty day moving average is $153.73 and its 200 day moving average is $155.83. Vistra Corp. has a fifty-two week low of $132.66 and a fifty-two week high of $219.82. The company has a debt-to-equity ratio of 5.87, a quick ratio of 0.87 and a current ratio of 0.97. The company has a market capitalization of $45.79 billion, a PE ratio of 23.05 and a beta of 1.41.

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

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be issued a dividend of $0.23 per share. This is an increase from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, September 21st. This represents a $0.92 dividend on an annualized basis and a yield of 0.7%. Vistra’s payout ratio is 15.54%.

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.