Dimensional Fund Advisors LP Reduces Position in Vistra Corp. $VST

Dimensional Fund Advisors LP trimmed its holdings in Vistra Corp. (NYSE:VST) by 5.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,559,207 shares of the company’s stock after selling 200,837 shares during the period. Dimensional Fund Advisors LP’s holdings in Vistra were worth $697,376,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of VST. Montag A & Associates Inc. raised its holdings in Vistra by 1.0% in the 3rd quarter. Montag A & Associates Inc. now owns 17,881 shares of the company’s stock valued at $3,503,000 after acquiring an additional 169 shares during the last quarter. Insigneo Advisory Services LLC increased its holdings in shares of Vistra by 133.6% in the third quarter. Insigneo Advisory Services LLC now owns 4,626 shares of the company’s stock valued at $906,000 after purchasing an additional 2,646 shares during the last quarter. Cresset Asset Management LLC lifted its position in Vistra by 16.0% during the third quarter. Cresset Asset Management LLC now owns 7,225 shares of the company’s stock worth $1,416,000 after buying an additional 995 shares in the last quarter. Oak Grove Capital LLC boosted its stake in Vistra by 9.3% during the third quarter. Oak Grove Capital LLC now owns 23,610 shares of the company’s stock worth $4,626,000 after buying an additional 2,000 shares during the last quarter. Finally, Comprehensive Financial Planning Inc. PA grew its holdings in Vistra by 13.2% in the 3rd quarter. Comprehensive Financial Planning Inc. PA now owns 3,036 shares of the company’s stock valued at $595,000 after buying an additional 354 shares in the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VST has been the topic of several analyst reports. UBS Group lifted their price target on Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Scotiabank lifted their target price on shares of Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. dropped their price target on shares of Vistra from $249.00 to $233.00 and set an “overweight” rating for the company in a research note on Tuesday, December 16th. Evercore raised their price target on shares of Vistra from $237.00 to $243.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Vistra in a report on Monday, December 29th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $236.40.

Insider Transactions at Vistra

In other news, CEO James A. Burke sold 22,251 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $162.05, for a total transaction of $3,605,774.55. Following the sale, the chief executive officer owned 297,998 shares of the company’s stock, valued at approximately $48,290,575.90. This represents a 6.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.42% of the stock is owned by company insiders.

Vistra Stock Down 2.6%

Vistra stock opened at $161.64 on Wednesday. The company has a market capitalization of $54.77 billion, a PE ratio of 74.49, a price-to-earnings-growth ratio of 1.00 and a beta of 1.42. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.88 and a current ratio of 0.99. Vistra Corp. has a fifty-two week low of $90.51 and a fifty-two week high of $219.82. The firm has a 50 day moving average price of $163.52 and a 200 day moving average price of $179.98.

Vistra (NYSE:VST) last released its quarterly earnings results on Thursday, February 26th. The company reported $2.18 EPS for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.27). Vistra had a return on equity of 82.27% and a net margin of 5.32%.The firm had revenue of $4.58 billion for the quarter, compared to analyst estimates of $5.75 billion. Research analysts expect that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

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

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.