Calamos Advisors LLC Has $15.24 Million Holdings in Vistra Corp. $VST

Calamos Advisors LLC raised its holdings in shares of Vistra Corp. (NYSE:VST) by 5.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,374 shares of the company’s stock after acquiring an additional 5,676 shares during the quarter. Calamos Advisors LLC’s holdings in Vistra were worth $15,240,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Vistra in the fourth quarter worth approximately $25,000. Mcguire Capital Advisors Inc. purchased a new position in Vistra during the fourth quarter valued at approximately $28,000. Kemnay Advisory Services Inc. acquired a new position in Vistra in the 4th quarter valued at approximately $30,000. Triumph Capital Management purchased a new stake in Vistra in the 3rd quarter worth approximately $38,000. Finally, Strive Asset Management LLC purchased a new stake in Vistra in the 3rd quarter worth approximately $38,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insider Activity

In related news, Director Scott B. Helm sold 25,000 shares of Vistra stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $160.00, for a total value of $4,000,000.00. Following the transaction, the director owned 232,200 shares in the company, valued at $37,152,000. This trade represents a 9.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paul M. Barbas sold 244 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were 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 of the company’s stock, valued at $8,109,918. This trade represents 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. Over the last 90 days, insiders have sold 41,588 shares of company stock valued at $6,739,227. 0.92% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

VST has been the topic of several research analyst reports. Seaport Research Partners restated a “buy” rating and set a $230.00 price target on shares of Vistra in a report on Monday, June 15th. Morgan Stanley reiterated an “overweight” rating and set a $210.00 price objective on shares of Vistra in a report on Wednesday, June 24th. Raymond James Financial set a $208.00 price objective on Vistra in a research report on Monday, April 27th. Jefferies Financial Group restated a “buy” rating and issued a $190.00 target price on shares of Vistra in a research note on Thursday, May 21st. Finally, JPMorgan Chase & Co. dropped their target price on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Two 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $230.31.

Vistra Stock Up 0.2%

Shares of Vistra stock opened at $158.47 on Wednesday. Vistra Corp. has a 12-month low of $132.66 and a 12-month 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 50 day moving average price of $153.98 and a two-hundred day moving average price of $158.52. The stock has a market capitalization of $53.43 billion, a P/E ratio of 26.55 and a beta of 1.40.

Vistra (NYSE:VST) last released its quarterly 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 net margin of 11.52% and a return on equity of 105.64%. The company had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.22 billion. Equities analysts expect that Vistra Corp. will post 9.52 earnings per share for the current year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were paid a $0.229 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Monday, June 22nd. This is a boost from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is 15.41%.

Vistra 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.