Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD Takes $19.15 Million Position in Vistra Corp. $VST

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD bought a new stake in Vistra Corp. (NYSE:VST) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 118,725 shares of the company’s stock, valued at approximately $19,154,000. Vistra comprises about 1.2% of Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s investment portfolio, making the stock its 25th largest holding.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in shares of Vistra in the 3rd quarter valued at about $28,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Vistra in the 4th quarter valued at about $25,000. Triumph Capital Management bought a new stake in shares of Vistra in the 3rd quarter valued at about $38,000. Strive Asset Management LLC bought a new stake in shares of Vistra in the 3rd quarter valued at about $38,000. Finally, Salomon & Ludwin LLC lifted its stake in shares of Vistra by 74.8% in the 4th quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock valued at $35,000 after acquiring an additional 92 shares during the last quarter. Institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the executive vice president owned 114,409 shares in the company, valued at approximately $18,340,906.79. This represents a 8.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Margaret Montemayor sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total value of $824,800.00. Following the transaction, the chief accounting officer owned 14,360 shares in the company, valued at $2,368,825.60. This trade represents a 25.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 19,600 shares of company stock worth $3,163,900 in the last quarter. Company insiders own 0.92% of the company’s stock.

Vistra Stock Down 3.2%

Shares of NYSE:VST opened at $148.72 on Friday. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82. The company has a market cap of $50.15 billion, a PE ratio of 24.91 and a beta of 1.40. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79. The stock’s 50-day moving average is $154.21 and its 200 day moving average is $161.22.

Vistra (NYSE:VST) last announced its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, beating 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 company had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.22 billion. Sell-side analysts anticipate that Vistra Corp. will post 9.3 EPS for the current year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be issued a dividend of $0.229 per share. This is a positive change from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.6%. Vistra’s dividend payout ratio (DPR) is currently 15.24%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on VST shares. Morgan Stanley reissued an “overweight” rating and issued a $212.00 target price on shares of Vistra in a research note on Thursday, May 21st. Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Raymond James Financial set a $208.00 price target on Vistra in a report on Monday, April 27th. TD Cowen reduced their price target on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Finally, JPMorgan Chase & Co. reduced their price target on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Vistra presently has an average rating of “Buy” and an average target price of $233.33.

Vistra 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.