Vistra Corp. $VST Position Lowered by Advanced Portfolio Management LLC

Advanced Portfolio Management LLC lessened its stake in shares of Vistra Corp. (NYSE:VST) by 42.5% during the 4th quarter, Holdings Channel reports. The fund owned 8,058 shares of the company’s stock after selling 5,955 shares during the quarter. Vistra comprises 4.0% of Advanced Portfolio Management LLC’s portfolio, making the stock its 9th largest holding. Advanced Portfolio Management LLC’s holdings in Vistra were worth $1,300,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of VST. Empowered Funds LLC raised its holdings in shares of Vistra by 24.1% during the 1st quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock worth $2,371,000 after acquiring an additional 3,920 shares during the period. Woodline Partners LP raised its holdings in shares of Vistra by 40.7% during the 1st quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock worth $3,376,000 after acquiring an additional 8,312 shares during the period. Focus Partners Wealth raised its holdings in shares of Vistra by 37.3% during the 1st quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock worth $920,000 after acquiring an additional 2,125 shares during the period. Sivia Capital Partners LLC purchased a new position in shares of Vistra during the 2nd quarter worth $269,000. Finally, Slocum Gordon & Co LLP raised its holdings in shares of Vistra by 20.0% during the 2nd quarter. Slocum Gordon & Co LLP now owns 1,200 shares of the company’s stock worth $233,000 after acquiring an additional 200 shares during the period. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Trading Down 0.0%

NYSE VST opened at $158.57 on Thursday. The firm has a 50 day simple moving average of $153.85 and a 200-day simple moving average of $159.72. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.79 and a current ratio of 0.90. Vistra Corp. has a one year low of $132.66 and a one year high of $219.82. The firm has a market cap of $53.47 billion, a price-to-earnings ratio of 26.56 and a beta of 1.40.

Vistra (NYSE:VST) last posted 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 net margin of 11.52% and a return on equity of 105.64%. The business had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.22 billion. Equities research analysts anticipate that Vistra Corp. will post 9.31 EPS for the current fiscal year.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be paid a $0.229 dividend. The ex-dividend date of this dividend is Monday, June 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 annualized dividend 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 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $164.96, for a total transaction of $824,800.00. Following the sale, the chief accounting officer directly owned 14,360 shares in the company, valued at approximately $2,368,825.60. This represents a 25.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Paul M. Barbas sold 244 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $153.00, for a total transaction of $37,332.00. Following the sale, the director owned 53,006 shares in the company, valued at $8,109,918. The trade was a 0.46% decrease in their ownership of the stock. 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 three months, insiders sold 10,088 shares of company stock valued at $1,634,227. Insiders own 0.92% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. JPMorgan Chase & Co. reduced their price target on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Weiss Ratings upgraded shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Seaport Research Partners restated a “buy” rating and issued a $230.00 price objective on shares of Vistra in a report on Monday. BMO Capital Markets restated an “outperform” rating and issued a $241.00 price objective on shares of Vistra in a report on Monday, March 2nd. Finally, TD Cowen reduced their price objective 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. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $230.44.

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.