Guyasuta Investment Advisors Inc. Lowers Stock Position in Vistra Corp. (NYSE:VST)

Guyasuta Investment Advisors Inc. cut its stake in shares of Vistra Corp. (NYSE:VST) by 1.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 755,233 shares of the company’s stock after selling 11,655 shares during the quarter. Vistra makes up 2.1% of Guyasuta Investment Advisors Inc.’s holdings, making the stock its 16th biggest holding. Guyasuta Investment Advisors Inc.’s holdings in Vistra were worth $29,092,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. AE Wealth Management LLC purchased a new stake in Vistra during the 3rd quarter worth $268,000. State of Alaska Department of Revenue purchased a new stake in Vistra during the 3rd quarter worth $1,362,000. Asset Management One Co. Ltd. boosted its position in Vistra by 22.7% during the 3rd quarter. Asset Management One Co. Ltd. now owns 166,025 shares of the company’s stock worth $5,509,000 after purchasing an additional 30,712 shares during the period. Commonwealth Equity Services LLC boosted its position in Vistra by 33.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 27,240 shares of the company’s stock worth $904,000 after purchasing an additional 6,849 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its position in Vistra by 45.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 70,717 shares of the company’s stock worth $2,346,000 after purchasing an additional 22,217 shares during the period. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Stock Up 5.1 %

Shares of Vistra stock traded up $3.69 during trading on Monday, reaching $76.39. The company had a trading volume of 2,486,596 shares, compared to its average volume of 5,018,746. The company has a market cap of $26.57 billion, a price-to-earnings ratio of 21.34 and a beta of 1.05. The firm’s fifty day moving average is $63.63 and its 200-day moving average is $46.65. 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 Corp. has a fifty-two week low of $22.67 and a fifty-two week high of $76.76.

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

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Wednesday, March 20th were paid a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date was Tuesday, March 19th. This is a positive change from Vistra’s previous quarterly dividend of $0.21. Vistra’s dividend payout ratio is 24.02%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on VST shares. Morgan Stanley reaffirmed an “overweight” rating and set a $78.00 price target on shares of Vistra in a research report on Monday, March 25th. BMO Capital Markets boosted their price objective on shares of Vistra from $52.00 to $60.00 and gave the stock an “outperform” rating in a report on Monday, March 4th. 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 price objective on the stock. Finally, Evercore ISI boosted their price objective on shares of Vistra from $72.00 to $79.00 and gave the stock an “outperform” rating in a report on Thursday, April 4th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Vistra has an average rating of “Buy” and an average price target of $67.20.

Insider Activity

In other news, EVP Stephanie Zapata Moore sold 98,020 shares of the company’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $58.50, for a total value of $5,734,170.00. Following the sale, the executive vice president now owns 161,888 shares in the company, valued at approximately $9,470,448. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Vistra 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 value of $5,114,019.87. Following the completion of the transaction, the executive vice president now owns 254,932 shares in the company, valued at approximately $15,069,030.52. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Stephanie Zapata Moore sold 98,020 shares of the company’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total transaction of $5,734,170.00. Following the completion of the transaction, the executive vice president now owns 161,888 shares of the company’s stock, valued at approximately $9,470,448. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 257,285 shares of company stock worth $15,404,397. 1.42% of the stock is currently owned by corporate insiders.

Vistra Profile

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.