BI Asset Management Fondsmaeglerselskab A S Acquires 26,123 Shares of Vistra Corp. $VST

BI Asset Management Fondsmaeglerselskab A S boosted its holdings in Vistra Corp. (NYSE:VST) by 33.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 105,123 shares of the company’s stock after acquiring an additional 26,123 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Vistra were worth $16,959,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bridgewater Advisors Inc. increased its stake in Vistra by 3.1% in the 3rd quarter. Bridgewater Advisors Inc. now owns 1,787 shares of the company’s stock valued at $350,000 after buying an additional 53 shares during the last quarter. Y.D. More Investments Ltd increased its stake in Vistra by 7.1% in the 3rd quarter. Y.D. More Investments Ltd now owns 916 shares of the company’s stock valued at $168,000 after buying an additional 61 shares during the last quarter. Equitable Holdings Inc. increased its stake in Vistra by 0.9% in the 3rd quarter. Equitable Holdings Inc. now owns 7,045 shares of the company’s stock valued at $1,380,000 after buying an additional 61 shares during the last quarter. SOA Wealth Advisors LLC. increased its stake in Vistra by 21.7% in the 4th quarter. SOA Wealth Advisors LLC. now owns 365 shares of the company’s stock valued at $59,000 after buying an additional 65 shares during the last quarter. Finally, Catalyst Financial Partners LLC increased its stake in Vistra by 2.5% in the 3rd quarter. Catalyst Financial Partners LLC now owns 2,798 shares of the company’s stock valued at $548,000 after buying an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of Vistra stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $160.31, for a total value of $1,603,100.00. Following the completion of the transaction, the executive vice president directly owned 114,409 shares in the company, valued at approximately $18,340,906.79. The trade was a 8.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Margaret Montemayor sold 5,000 shares of the firm’s stock in a transaction 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 completion of the transaction, the chief accounting officer directly owned 14,360 shares of the company’s stock, valued at approximately $2,368,825.60. The trade was a 25.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 19,600 shares of company stock valued at $3,163,900 over the last quarter. 0.92% of the stock is owned by company insiders.

Vistra Stock Down 3.2%

Vistra stock opened at $148.72 on Friday. Vistra Corp. has a 1-year low of $132.66 and a 1-year high of $219.82. The firm has a market capitalization of $50.15 billion, a price-to-earnings ratio of 24.91 and a beta of 1.40. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. The firm has a 50 day simple moving average of $154.21 and a 200 day simple moving average of $161.22.

Vistra (NYSE:VST) last released its quarterly earnings data 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 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. On average, analysts predict that Vistra Corp. will post 9.3 earnings per share for the current year.

Vistra Increases Dividend

The firm also recently disclosed 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. The ex-dividend date is Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is presently 15.24%.

Wall Street Analyst Weigh In

VST has been the subject of several analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. BMO Capital Markets restated an “outperform” rating and set a $241.00 price target on shares of Vistra in a research note on Monday, March 2nd. Jefferies Financial Group restated a “buy” rating and set a $190.00 price target on shares of Vistra in a research note on Thursday, May 21st. Raymond James Financial set a $208.00 price target on shares of Vistra in a research note on Monday, April 27th. Finally, Weiss Ratings upgraded shares of 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $233.33.

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.