Vistra (NYSE:VST) Trading Up 1.3% – What’s Next?

Shares of Vistra Corp. (NYSE:VST) traded up 1.3% on Friday . The company traded as high as $150.18 and last traded at $148.3310. 3,005,984 shares traded hands during trading, a decline of 39% from the average daily volume of 4,955,951 shares. The stock had previously closed at $146.40.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. lowered 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. TD Cowen decreased their price objective on Vistra from $230.00 to $222.00 and set a “buy” rating on the stock in a report on Monday, July 27th. The Goldman Sachs Group set a $206.00 price objective on Vistra in a research report on Wednesday. Morgan Stanley upped their target price on Vistra from $208.00 to $212.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Finally, Seaport Research Partners reaffirmed a “buy” rating and issued a $230.00 target price on shares of Vistra in a research report on Monday, June 15th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $228.56.

Vistra Stock Up 1.3%

The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51. The business has a fifty day simple moving average of $154.15 and a two-hundred day simple moving average of $156.62. The company has a market capitalization of $49.79 billion, a price-to-earnings ratio of 25.06 and a beta of 1.41.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be given a dividend of $0.23 per share. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Monday, September 21st. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. Vistra’s dividend payout ratio is 15.54%.

Insider Buying and Selling

In other Vistra news, Director Paul M. Barbas sold 244 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $153.00, for a total value of $37,332.00. Following the sale, the director directly owned 53,006 shares in the company, valued at $8,109,918. This represents a 0.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Margaret Montemayor sold 4,600 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $160.00, for a total value of $736,000.00. Following the transaction, the chief accounting officer owned 9,760 shares of the company’s stock, valued at $1,561,600. This represents a 32.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 41,588 shares of company stock worth $6,739,227 in the last quarter. Corporate insiders own 0.92% of the company’s stock.

Hedge Funds Weigh In On Vistra

Several institutional investors have recently added to or reduced their stakes in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in Vistra during the fourth quarter worth about $25,000. Mcguire Capital Advisors Inc. bought a new position in shares of Vistra in the fourth quarter valued at approximately $28,000. Kemnay Advisory Services Inc. acquired a new position in shares of Vistra in the 4th quarter worth approximately $30,000. Strive Financial Group LLC acquired a new position in shares of Vistra in the 4th quarter worth approximately $33,000. Finally, Salomon & Ludwin LLC grew its position in Vistra by 74.8% during the 4th quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock worth $35,000 after acquiring an additional 92 shares during the last quarter. 90.88% of the stock is owned by institutional investors.

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.