Scott Helm Sells 25,000 Shares of Vistra (NYSE:VST) Stock

Vistra Corp. (NYSE:VST) Director Scott Helm sold 25,000 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was 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 of the company’s stock, valued at $37,152,000. The trade was a 9.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vistra Price Performance

VST stock opened at $163.59 on Friday. 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 cap of $55.16 billion, a price-to-earnings ratio of 27.40 and a beta of 1.40. The business has a fifty day moving average of $154.21 and a two-hundred day moving average of $159.63.

Vistra (NYSE:VST) last announced its quarterly earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, beating the consensus estimate of $1.32 by $1.55. The business had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. As a group, research analysts anticipate that Vistra Corp. will post 9.31 earnings per share for the current year.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be paid a dividend of $0.229 per share. This represents a $0.92 annualized dividend and a yield of 0.6%. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, June 22nd. Vistra’s payout ratio is 15.24%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on VST shares. Jefferies Financial Group reissued a “buy” rating and issued a $190.00 price target on shares of Vistra in a research note on Thursday, May 21st. Morgan Stanley reiterated an “overweight” rating and issued a $212.00 target price on shares of Vistra in a report on Thursday, May 21st. Raymond James Financial set a $208.00 price target on Vistra in a research note on Monday, April 27th. TD Cowen lowered their price target on Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research report on Monday, May 4th. Finally, Weiss Ratings raised Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $230.44.

Institutional Investors Weigh In On Vistra

A number of hedge funds have recently added to or reduced their stakes in VST. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Vistra during the fourth quarter worth $25,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in Vistra during the 3rd quarter worth $28,000. Mcguire Capital Advisors Inc. purchased a new stake in Vistra during the 4th quarter worth about $28,000. Kemnay Advisory Services Inc. purchased a new stake in Vistra during the 4th quarter worth about $30,000. Finally, Strive Financial Group LLC acquired a new stake in Vistra in the 4th quarter valued at about $33,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

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.