SG Americas Securities LLC Buys 284,632 Shares of Vistra Corp. $VST

SG Americas Securities LLC raised its stake in Vistra Corp. (NYSE:VST) by 1,373.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 305,362 shares of the company’s stock after buying an additional 284,632 shares during the period. SG Americas Securities LLC’s holdings in Vistra were worth $49,264,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of VST. State Street Corp boosted its holdings in shares of Vistra by 1.4% during the 2nd quarter. State Street Corp now owns 16,660,027 shares of the company’s stock worth $3,228,880,000 after buying an additional 226,514 shares during the period. Massachusetts Financial Services Co. MA grew its stake in Vistra by 15.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 7,106,465 shares of the company’s stock valued at $1,392,299,000 after buying an additional 930,912 shares during the last quarter. Norges Bank bought a new position in Vistra in the 2nd quarter valued at about $930,080,000. Invesco Ltd. lifted its position in Vistra by 0.8% during the third quarter. Invesco Ltd. now owns 4,572,642 shares of the company’s stock worth $895,872,000 after acquiring an additional 35,258 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position in Vistra by 11.3% during the third quarter. Franklin Resources Inc. now owns 2,983,868 shares of the company’s stock worth $584,599,000 after acquiring an additional 303,573 shares during the last quarter. 90.88% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. UBS Group upped their target price on Vistra from $230.00 to $233.00 and gave the company a “buy” rating in a research report on Monday, January 12th. The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price target for the company in a report on Friday, February 6th. Morgan Stanley restated an “overweight” rating and issued a $215.00 price target on shares of Vistra in a research note on Friday, February 20th. JPMorgan Chase & Co. increased their price objective on Vistra from $239.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, March 19th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a report on Monday, December 29th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Vistra currently has a consensus rating of “Buy” and an average target price of $236.87.

Vistra Price Performance

Vistra stock opened at $152.63 on Wednesday. The stock’s fifty day moving average price is $162.80 and its two-hundred day moving average price is $176.73. Vistra Corp. has a one year low of $90.51 and a one year high of $219.82. The company has a debt-to-equity ratio of 6.01, a current ratio of 0.78 and a quick ratio of 0.69. The firm has a market cap of $51.67 billion, a PE ratio of 70.33, a price-to-earnings-growth ratio of 0.92 and a beta of 1.42.

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

Vistra Increases Dividend

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

Insiders Place Their Bets

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the sale, the executive vice president directly owned 114,409 shares in the company, valued at $18,340,906.79. This represents a 8.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.42% of the stock is owned by corporate insiders.

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.