Vistra (NYSE:VST) Trading Up 1.1% – What’s Next?
by Scott Moore · The Cerbat GemVistra Corp. (NYSE:VST – Get Free Report)’s stock price was up 1.1% on Friday . The company traded as high as $150.50 and last traded at $148.0110. Approximately 4,358,217 shares traded hands during mid-day trading, a decline of 15% from the average daily volume of 5,143,824 shares. The stock had previously closed at $146.38.
Analyst Ratings Changes
A number of research firms have issued reports on VST. Morgan Stanley restated an “overweight” rating and set a $212.00 price target on shares of Vistra in a research note on Thursday, May 21st. 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. TD Cowen cut their price target on Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, May 4th. 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. Finally, Raymond James Financial set a $208.00 price target on Vistra in a research note on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $233.33.
Get Our Latest Stock Analysis on VST
Vistra Trading Up 1.1%
The stock has a 50 day moving average of $153.53 and a 200-day moving average of $160.20. The company has a market capitalization of $49.91 billion, a P/E ratio of 24.79 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.
Vistra (NYSE:VST – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $1.55. The company had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. On average, research analysts predict that Vistra Corp. will post 9.3 EPS for the current year.
Vistra Increases Dividend
The business 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 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 dividend payout ratio is presently 15.24%.
Insider Activity
In related news, CAO Margaret Montemayor sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was 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 in the company, valued at approximately $2,368,825.60. The trade was a 25.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.92% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Bridgewater Advisors Inc. grew its stake in shares of Vistra by 3.1% during the 3rd quarter. Bridgewater Advisors Inc. now owns 1,787 shares of the company’s stock valued at $350,000 after acquiring an additional 53 shares during the period. Y.D. More Investments Ltd lifted its holdings in Vistra by 7.1% in the 3rd quarter. Y.D. More Investments Ltd now owns 916 shares of the company’s stock worth $168,000 after purchasing an additional 61 shares in the last quarter. Equitable Holdings Inc. lifted its holdings in Vistra by 0.9% in the 3rd quarter. Equitable Holdings Inc. now owns 7,045 shares of the company’s stock worth $1,380,000 after purchasing an additional 61 shares in the last quarter. SOA Wealth Advisors LLC. lifted its holdings in Vistra by 21.7% in the 4th quarter. SOA Wealth Advisors LLC. now owns 365 shares of the company’s stock worth $59,000 after purchasing an additional 65 shares in the last quarter. Finally, UMB Bank n.a. lifted its holdings in Vistra by 3.8% in the 4th quarter. UMB Bank n.a. now owns 1,770 shares of the company’s stock worth $286,000 after purchasing an additional 65 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors.
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.