Mitsubishi UFJ Trust & Banking Corp Raises Holdings in Vistra Corp. $VST

Mitsubishi UFJ Trust & Banking Corp boosted its holdings in shares of Vistra Corp. (NYSE:VST) by 5.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 170,796 shares of the company’s stock after acquiring an additional 8,681 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Vistra were worth $27,556,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Salomon & Ludwin LLC purchased a new position in Vistra during the third quarter valued at approximately $25,000. Quent Capital LLC purchased a new position in Vistra during the third quarter valued at approximately $25,000. Archer Investment Corp increased its holdings 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 buying an additional 135 shares during the period. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in Vistra during the third quarter valued at approximately $28,000. Finally, Orion Capital Management LLC purchased a new position in Vistra during the third quarter valued at approximately $29,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a report on Friday, March 27th. Morgan Stanley reissued an “overweight” rating and set a $208.00 price objective on shares of Vistra in a report on Tuesday, April 21st. BMO Capital Markets reissued an “outperform” rating and set a $241.00 price objective on shares of Vistra in a report on Monday, March 2nd. UBS Group lifted their price target on shares of Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Finally, Bank of America cut their price target on shares of Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a report on Monday, January 12th. Three 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 company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $235.87.

Vistra Price Performance

NYSE VST opened at $153.48 on Thursday. The firm’s fifty day simple moving average is $160.28 and its two-hundred day simple moving average is $168.25. The company has a current ratio of 0.78, a quick ratio of 0.69 and a debt-to-equity ratio of 6.01. Vistra Corp. has a 12-month low of $122.30 and a 12-month high of $219.82. The firm has a market capitalization of $51.96 billion, a P/E ratio of 70.73, a P/E/G ratio of 1.01 and a beta of 1.49.

Vistra (NYSE:VST) last released its quarterly earnings results on Thursday, February 26th. The company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.45 by ($0.27). Vistra had a return on equity of 81.09% and a net margin of 5.32%.The firm had revenue of $4.58 billion during the quarter, compared to analysts’ expectations of $5.75 billion. Analysts forecast that Vistra Corp. will post 8.72 EPS for the current fiscal year.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 20th were issued a $0.228 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, March 20th. Vistra’s dividend payout ratio is presently 41.94%.

Insider Buying and Selling at Vistra

In other news, EVP Stephanie Zapata Moore sold 10,000 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the sale, the executive vice president directly owned 114,409 shares of the company’s stock, valued at $18,340,906.79. The trade was a 8.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.92% of the stock is owned by company insiders.

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.