Vistra Corp. $VST Shares Sold by IPG Investment Advisors LLC

IPG Investment Advisors LLC reduced its position in shares of Vistra Corp. (NYSE:VST) by 34.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 14,377 shares of the company’s stock after selling 7,675 shares during the quarter. IPG Investment Advisors LLC’s holdings in Vistra were worth $2,319,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Vistra during the fourth quarter worth about $25,000. Archer Investment Corp grew its holdings in Vistra by 2,700.0% during the third quarter. Archer Investment Corp now owns 140 shares of the company’s stock worth $27,000 after acquiring an additional 135 shares during the period. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in Vistra during the third quarter worth about $28,000. Salomon & Ludwin LLC grew its holdings in Vistra by 74.8% during the fourth quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock worth $35,000 after acquiring an additional 92 shares during the period. Finally, Triumph Capital Management acquired a new position in Vistra during the third quarter worth about $38,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the completion of the sale, the executive vice president directly owned 114,409 shares in the company, valued at approximately $18,340,906.79. This trade represents a 8.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.92% of the company’s stock.

Analysts Set New Price Targets

VST has been the topic of a number of research analyst reports. Wells Fargo & Company lowered their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. TD Cowen dropped their price target on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Morgan Stanley reissued an “overweight” rating and issued a $212.00 price target on shares of Vistra in a research note on Thursday, May 21st. JPMorgan Chase & Co. dropped their price target on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Finally, The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price target on the stock in a research note on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $233.33.

Vistra Trading Down 2.8%

Shares of NYSE VST opened at $160.02 on Thursday. Vistra Corp. has a one year low of $132.66 and a one year high of $219.82. The firm has a market capitalization of $53.96 billion, a PE ratio of 26.80 and a beta of 1.43. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. The business has a 50-day moving average price of $154.48 and a two-hundred day moving average price of $162.30.

Vistra (NYSE:VST) last announced its quarterly earnings data on Thursday, May 7th. The company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $1.55. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The firm had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.22 billion. As a group, analysts predict that Vistra Corp. will post 9.3 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be given a dividend of $0.229 per share. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, June 22nd. This is a boost from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is 15.24%.

Vistra Company Profile

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.