Vistra Corp. $VST Shares Sold by Sirios Capital Management L P

Sirios Capital Management L P lowered its holdings in Vistra Corp. (NYSE:VST) by 50.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,314 shares of the company’s stock after selling 60,213 shares during the period. Vistra makes up 1.5% of Sirios Capital Management L P’s portfolio, making the stock its 24th biggest position. Sirios Capital Management L P’s holdings in Vistra were worth $11,621,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Salomon & Ludwin LLC acquired a new position in Vistra in the third quarter worth approximately $25,000. Quent Capital LLC acquired a new position in Vistra in the 3rd quarter valued at approximately $25,000. Archer Investment Corp boosted its position in Vistra by 2,700.0% during the third quarter. Archer Investment Corp now owns 140 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Vistra in the 2nd quarter valued at approximately $28,000. Finally, Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in shares of Vistra during the 3rd quarter worth $28,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Stephanie Zapata Moore sold 10,000 shares of the business’s stock in a transaction dated 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 sale, the executive vice president owned 114,409 shares of the company’s stock, valued at approximately $18,340,906.79. The trade was a 8.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.42% of the company’s stock.

Vistra Price Performance

Shares of VST stock opened at $159.09 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.78 and a debt-to-equity ratio of 6.01. Vistra Corp. has a 12-month low of $90.51 and a 12-month high of $219.82. The firm has a fifty day moving average of $163.48 and a 200-day moving average of $178.46. The firm has a market capitalization of $53.90 billion, a price-to-earnings ratio of 73.31, a price-to-earnings-growth ratio of 0.96 and a beta of 1.42.

Vistra (NYSE:VST) last announced its quarterly earnings data on Thursday, February 26th. The company reported $2.18 EPS for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.27). The business had revenue of $4.58 billion during the quarter, compared to the consensus estimate of $5.75 billion. Vistra had a return on equity of 81.09% and a net margin of 5.32%. On average, equities research analysts forecast that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th will be paid a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Friday, March 20th. Vistra’s dividend payout ratio is 41.94%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on VST. Bank of America cut their target price on shares of Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a research report on Monday, January 12th. BMO Capital Markets reissued an “outperform” rating and issued a $241.00 price target on shares of Vistra in a report on Monday, March 2nd. Wells Fargo & Company cut their price target on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Scotiabank boosted their price target on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Finally, KeyCorp began coverage on Vistra in a research report on Monday, November 24th. They issued an “overweight” rating and a $217.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $236.40.

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.