Vistra Corp. (NYSE:VST) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC decreased its position in Vistra Corp. (NYSE:VST) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 165,317 shares of the company’s stock after selling 3,864 shares during the quarter. Yousif Capital Management LLC’s holdings in Vistra were worth $6,368,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. raised its holdings in Vistra by 19,070.8% during the fourth quarter. Pacer Advisors Inc. now owns 5,566,621 shares of the company’s stock worth $214,426,000 after purchasing an additional 5,537,584 shares in the last quarter. Jupiter Asset Management Ltd. acquired a new position in shares of Vistra in the 3rd quarter valued at $57,218,000. Deutsche Bank AG increased its holdings in shares of Vistra by 509.3% in the 3rd quarter. Deutsche Bank AG now owns 1,734,590 shares of the company’s stock valued at $57,554,000 after acquiring an additional 1,449,905 shares during the period. Panagora Asset Management Inc. increased its holdings in shares of Vistra by 1,767.0% in the 3rd quarter. Panagora Asset Management Inc. now owns 1,472,090 shares of the company’s stock valued at $48,844,000 after acquiring an additional 1,393,241 shares during the period. Finally, Federated Hermes Inc. increased its holdings in shares of Vistra by 1,701.3% in the 3rd quarter. Federated Hermes Inc. now owns 1,469,484 shares of the company’s stock valued at $48,757,000 after acquiring an additional 1,387,906 shares during the period. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Price Performance

Shares of NYSE VST opened at $72.47 on Friday. The firm has a market capitalization of $25.21 billion, a P/E ratio of 20.24 and a beta of 1.05. Vistra Corp. has a one year low of $22.67 and a one year high of $75.89. The company’s fifty day moving average is $62.55 and its two-hundred day moving average is $45.98. The company has a debt-to-equity ratio of 4.26, a quick ratio of 1.11 and a current ratio of 1.18.

Vistra (NYSE:VST) last released its quarterly earnings results on Wednesday, February 28th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($1.02). The firm had revenue of $3.08 billion for the quarter, compared to analyst estimates of $5.48 billion. Vistra had a return on equity of 20.05% and a net margin of 10.10%. Analysts forecast that Vistra Corp. will post 3.57 EPS for the current fiscal year.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Wednesday, March 20th were paid a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend was Tuesday, March 19th. This is an increase from Vistra’s previous quarterly dividend of $0.21. Vistra’s payout ratio is 24.02%.

Insider Transactions at Vistra

In related news, EVP Carrie Lee Kirby sold 72,748 shares of the business’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $62.63, for a total value of $4,556,207.24. Following the completion of the transaction, the executive vice president now owns 184,201 shares of the company’s stock, valued at approximately $11,536,508.63. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, EVP Scott A. Hudson sold 86,517 shares of the company’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $59.11, for a total transaction of $5,114,019.87. Following the completion of the transaction, the executive vice president now owns 254,932 shares of the company’s stock, valued at approximately $15,069,030.52. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Carrie Lee Kirby sold 72,748 shares of the company’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $62.63, for a total transaction of $4,556,207.24. Following the transaction, the executive vice president now directly owns 184,201 shares of the company’s stock, valued at approximately $11,536,508.63. The disclosure for this sale can be found here. Insiders sold 257,285 shares of company stock valued at $15,404,397 in the last 90 days. 1.42% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VST. Janney Montgomery Scott began coverage on shares of Vistra in a report on Thursday, April 18th. They issued a “buy” rating and a $82.00 target price on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $78.00 price objective on shares of Vistra in a research report on Monday, March 25th. BMO Capital Markets lifted their price objective on shares of Vistra from $52.00 to $60.00 and gave the company an “outperform” rating in a research report on Monday, March 4th. Finally, Evercore ISI lifted their price objective on shares of Vistra from $72.00 to $79.00 and gave the company an “outperform” rating in a research report on Thursday, April 4th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, Vistra has an average rating of “Buy” and an average price target of $67.20.

About Vistra

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 states in the United States and the District of Columbia.