Vistra (NYSE:VST) Director Sells $37,332.00 in Stock

Vistra Corp. (NYSE:VST) Director Paul Barbas sold 244 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $153.00, for a total transaction of $37,332.00. Following the sale, the director directly owned 53,006 shares of the company’s stock, valued at approximately $8,109,918. This trade represents a 0.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vistra Trading Up 3.3%

Shares of VST stock traded up $5.01 during trading hours on Tuesday, hitting $158.53. 4,650,474 shares of the company were exchanged, compared to its average volume of 5,135,272. The firm has a market cap of $53.45 billion, a P/E ratio of 26.55 and a beta of 1.40. Vistra Corp. has a fifty-two week low of $132.66 and a fifty-two week high of $219.82. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.79 and a current ratio of 0.90. The company has a 50 day simple moving average of $153.57 and a two-hundred day simple moving average of $159.98.

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

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be given 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 of this dividend is Monday, June 22nd. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. Vistra’s payout ratio is 15.24%.

Institutional Trading of Vistra

Several hedge funds have recently bought and sold shares of VST. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Vistra in the 4th quarter valued at $25,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in Vistra during the 3rd quarter valued at $28,000. Mcguire Capital Advisors Inc. bought a new position in Vistra during the 4th quarter valued at $28,000. Kemnay Advisory Services Inc. bought a new position in Vistra during the 4th quarter valued at $30,000. Finally, Strive Financial Group LLC bought a new position in Vistra during the 4th quarter valued at $33,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on VST shares. Seaport Research Partners reaffirmed a “buy” rating and set a $230.00 price objective on shares of Vistra in a research report on Monday. Jefferies Financial Group reaffirmed a “buy” rating and set a $190.00 price objective on shares of Vistra in a research report on Thursday, May 21st. Weiss Ratings raised shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. TD Cowen reduced their price target on shares of Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Vistra has an average rating of “Buy” and a consensus target price of $233.33.

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.