Vistra Corp. (NYSE:VST) Director Scott B. Helm Acquires 10,000 Shares

Vistra Corp. (NYSE:VSTGet Rating) Director Scott B. Helm acquired 10,000 shares of the firm’s stock in a transaction dated Monday, November 21st. The stock was purchased at an average cost of $22.86 per share, with a total value of $228,600.00. Following the completion of the acquisition, the director now directly owns 333,201 shares of the company’s stock, valued at approximately $7,616,974.86. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Vistra Stock Up 2.4 %

Vistra stock traded up $0.57 during mid-day trading on Thursday, reaching $24.00. 1,865,792 shares of the company were exchanged, compared to its average volume of 3,793,962. The company has a quick ratio of 1.05, a current ratio of 1.10 and a debt-to-equity ratio of 3.32. The firm’s 50-day simple moving average is $22.83 and its two-hundred day simple moving average is $23.91. Vistra Corp. has a twelve month low of $19.65 and a twelve month high of $27.39.

Vistra (NYSE:VSTGet Rating) last issued its earnings results on Friday, November 4th. The company reported $1.51 earnings per share for the quarter, missing the consensus estimate of $1.75 by ($0.24). The firm had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $5.08 billion. Vistra had a negative net margin of 1.94% and a positive return on equity of 44.82%. Research analysts forecast that Vistra Corp. will post 1.31 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 29th. Stockholders of record on Tuesday, December 20th will be issued a $0.193 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.18. This represents a $0.77 annualized dividend and a dividend yield of 3.22%. The ex-dividend date of this dividend is Monday, December 19th. Vistra’s dividend payout ratio (DPR) is currently -71.84%.

Institutional Trading of Vistra

A number of institutional investors have recently modified their holdings of VST. CWM LLC lifted its holdings in Vistra by 27.2% in the second quarter. CWM LLC now owns 1,955 shares of the company’s stock valued at $45,000 after acquiring an additional 418 shares during the period. Alpha Cubed Investments LLC grew its position in Vistra by 4.7% during the second quarter. Alpha Cubed Investments LLC now owns 12,145 shares of the company’s stock worth $278,000 after buying an additional 545 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Vistra by 9.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 6,783 shares of the company’s stock valued at $158,000 after buying an additional 564 shares in the last quarter. IMS Capital Management boosted its stake in shares of Vistra by 0.7% during the 3rd quarter. IMS Capital Management now owns 85,931 shares of the company’s stock worth $1,805,000 after acquiring an additional 566 shares in the last quarter. Finally, Cibc World Market Inc. grew its holdings in shares of Vistra by 3.2% in the 1st quarter. Cibc World Market Inc. now owns 20,444 shares of the company’s stock worth $475,000 after acquiring an additional 636 shares during the period. 92.66% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Morgan Stanley decreased their price target on shares of Vistra from $32.00 to $31.00 and set an “overweight” rating for the company in a research note on Friday, November 11th.

Vistra Company Profile

(Get Rating)

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across 20 states in the United States and the District of Columbia.

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Insider Buying and Selling by Quarter for Vistra (NYSE:VST)

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