Capital International Investors Reduces Position in Vistra Corp. $VST

Capital International Investors cut its stake in shares of Vistra Corp. (NYSE:VST) by 81.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 289,093 shares of the company’s stock after selling 1,274,958 shares during the quarter. Capital International Investors owned about 0.09% of Vistra worth $46,639,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in VST. Norges Bank purchased a new stake in Vistra in the fourth quarter valued at $746,729,000. Palidye Holdings Caymans Ltd purchased a new stake in Vistra in the second quarter valued at $145,987,000. Situational Awareness LP boosted its holdings in Vistra by 142.3% in the second quarter. Situational Awareness LP now owns 1,274,178 shares of the company’s stock valued at $246,948,000 after purchasing an additional 748,332 shares during the last quarter. Moore Capital Management LP boosted its holdings in Vistra by 2,072.6% in the second quarter. Moore Capital Management LP now owns 528,657 shares of the company’s stock valued at $102,459,000 after purchasing an additional 504,324 shares during the last quarter. Finally, Rubric Capital Management LP boosted its holdings in Vistra by 50.6% in the second quarter. Rubric Capital Management LP now owns 1,424,803 shares of the company’s stock valued at $276,141,000 after purchasing an additional 478,834 shares during the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on VST. BMO Capital Markets reaffirmed an “outperform” rating and issued a $241.00 price target on shares of Vistra in a report on Monday, March 2nd. JPMorgan Chase & Co. lowered their price target on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Raymond James Financial set a $208.00 price target on shares of Vistra in a report on Monday, April 27th. TD Cowen lowered their price target on shares of Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $190.00 price target on shares of Vistra in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $233.33.

Vistra Price Performance

NYSE:VST opened at $146.19 on Wednesday. Vistra Corp. has a 52 week low of $132.66 and a 52 week high of $219.82. 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 stock has a market capitalization of $49.29 billion, a PE ratio of 24.49 and a beta of 1.40. The stock’s 50-day moving average price is $153.91 and its 200-day moving average price is $160.70.

Vistra (NYSE:VST) last posted its earnings results on Thursday, May 7th. The company reported $2.87 EPS 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 firm had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.22 billion. As a group, equities analysts expect that Vistra Corp. will post 9.3 EPS for the current fiscal year.

Vistra Increases Dividend

The firm 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 dividend of $0.229 per share. 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 dividend yield of 0.6%. Vistra’s payout ratio is 15.24%.

Insider Activity at Vistra

In related news, CAO Margaret Montemayor sold 4,600 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $160.00, for a total transaction of $736,000.00. Following the completion of the transaction, the chief accounting officer owned 9,760 shares in the company, valued at $1,561,600. This represents a 32.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.92% of the stock is owned by company insiders.

Vistra Company Profile

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.