Stephanie Zapata Moore Sells 10,000 Shares of Vistra (NYSE:VST) Stock

Vistra Corp. (NYSE:VST) EVP Stephanie Zapata Moore sold 10,000 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $160.31, for a total value of $1,603,100.00. Following the completion of 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 can be accessed through this link.

Vistra Stock Performance

Shares of NYSE:VST opened at $159.09 on Friday. The stock has a market capitalization of $53.90 billion, a P/E ratio of 73.31, a P/E/G ratio of 0.96 and a beta of 1.42. Vistra Corp. has a 1-year low of $90.51 and a 1-year high of $219.82. The company has a current ratio of 0.78, a quick ratio of 0.69 and a debt-to-equity ratio of 6.01. The business has a 50-day moving average price of $163.48 and a two-hundred day moving average price of $178.46.

Vistra (NYSE:VST) last issued its earnings results on Thursday, February 26th. The company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.45 by ($0.27). Vistra had a net margin of 5.32% and a return on equity of 81.09%. The business had revenue of $4.58 billion during the quarter, compared to the consensus estimate of $5.75 billion. Equities analysts predict that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 20th will be issued a $0.228 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 annualized dividend and a yield of 0.6%. The ex-dividend date is Friday, March 20th. Vistra’s dividend payout ratio (DPR) is currently 41.94%.

Institutional Investors Weigh In On Vistra

Several hedge funds have recently bought and sold shares of the company. Salomon & Ludwin LLC bought a new stake in shares of Vistra in the 3rd quarter valued at $25,000. Quent Capital LLC bought a new position in Vistra during the third quarter worth about $25,000. Twin Peaks Wealth Advisors LLC acquired a new position in Vistra in the second quarter valued at about $28,000. Archer Investment Corp grew its stake in Vistra by 2,700.0% in the third quarter. Archer Investment Corp now owns 140 shares of the company’s stock valued at $27,000 after acquiring an additional 135 shares during the period. Finally, Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in shares of Vistra in the third quarter worth about $28,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VST has been the subject of a number of analyst reports. Wells Fargo & Company lowered their target price on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a report on Friday, February 27th. The Goldman Sachs Group upgraded Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price target on the stock in a research report on Friday, February 6th. Scotiabank lifted their price objective on Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. KeyCorp began coverage on Vistra in a report on Monday, November 24th. They issued an “overweight” rating and a $217.00 price objective for the company. Finally, JPMorgan Chase & Co. cut their target price on Vistra from $249.00 to $233.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 16th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $236.40.

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.