Allstate Corp Has $4.12 Million Stock Holdings in Vistra Corp. $VST

Allstate Corp lifted its holdings in Vistra Corp. (NYSE:VST) by 104.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 25,514 shares of the company’s stock after purchasing an additional 13,043 shares during the quarter. Allstate Corp’s holdings in Vistra were worth $4,116,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Archer Investment Corp grew its position in shares of Vistra by 2,700.0% in the 3rd quarter. Archer Investment Corp now owns 140 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares during the period. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in shares of Vistra in the 3rd quarter valued at approximately $28,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Vistra in the 4th quarter valued at approximately $25,000. Triumph Capital Management acquired a new position in Vistra during the 3rd quarter worth approximately $38,000. Finally, Strive Asset Management LLC acquired a new position in Vistra during the 3rd quarter worth approximately $38,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $160.31, for a total value of $1,603,100.00. Following the sale, the executive vice president owned 114,409 shares in the company, valued at approximately $18,340,906.79. This represents a 8.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.92% of the company’s stock.

Vistra Trading Down 2.8%

Shares of Vistra stock opened at $160.02 on Thursday. Vistra Corp. has a 12-month low of $132.66 and a 12-month high of $219.82. The stock has a market cap of $53.96 billion, a P/E ratio of 26.80 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’s 50 day moving average is $154.48 and its 200-day moving average is $162.30.

Vistra (NYSE:VST) last posted its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $1.55. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The business had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.22 billion. Equities research analysts predict that Vistra Corp. will post 9.3 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 22nd will be paid a $0.229 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. Vistra’s dividend payout ratio (DPR) is currently 15.24%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on VST shares. The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price target for the company in a research report on Friday, February 6th. JPMorgan Chase & Co. reduced their price target on Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Raymond James Financial set a $208.00 price target on Vistra in a research report on Monday, April 27th. Morgan Stanley reiterated an “overweight” rating and set a $212.00 price objective on shares of Vistra in a research note on Thursday, May 21st. Finally, Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Vistra currently has a consensus rating of “Buy” and a consensus price target of $233.33.

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.