Nordea Investment Management AB Has $3.26 Million Position in Vistra Corp. $VST

Nordea Investment Management AB cut its stake in Vistra Corp. (NYSE:VST) by 94.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,139 shares of the company’s stock after selling 342,039 shares during the period. Nordea Investment Management AB’s holdings in Vistra were worth $3,259,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Dynamic Technology Lab Private Ltd bought a new position in Vistra in the 3rd quarter valued at about $1,445,000. CIBC Bancorp USA Inc. acquired a new position in shares of Vistra in the 3rd quarter valued at approximately $8,755,000. Fisher Funds Management LTD bought a new stake in shares of Vistra during the 3rd quarter worth approximately $1,241,000. Envestnet Asset Management Inc. boosted its position in shares of Vistra by 49.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 371,497 shares of the company’s stock worth $72,784,000 after acquiring an additional 122,545 shares in the last quarter. Finally, WINTON GROUP Ltd acquired a new stake in shares of Vistra during the 3rd quarter worth approximately $2,059,000. 90.88% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on VST. Morgan Stanley restated an “overweight” rating and set a $215.00 price objective on shares of Vistra in a research report on Friday, February 20th. Scotiabank lifted their price target on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a research note 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. Jefferies Financial Group raised Vistra from a “hold” rating to a “buy” rating and raised their price objective for the company from $191.00 to $203.00 in a research note on Tuesday, February 10th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Vistra in a research report on Monday, December 29th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Vistra currently has an average rating of “Buy” and an average target price of $236.87.

Vistra Price Performance

VST stock opened at $155.77 on Friday. The company has a market capitalization of $52.74 billion, a P/E ratio of 71.79, a PEG ratio of 0.93 and a beta of 1.42. The company has a fifty day moving average price of $161.67 and a 200-day moving average price of $176.16. The company has a debt-to-equity ratio of 6.01, a quick ratio of 0.69 and a current ratio of 0.78. Vistra Corp. has a 52-week low of $90.51 and a 52-week high of $219.82.

Vistra (NYSE:VST) last posted its quarterly earnings data 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 during the quarter, compared to analyst estimates of $5.75 billion. Vistra had a net margin of 5.32% and a return on equity of 81.09%. As a group, equities analysts expect that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

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

Insider Buying and Selling at Vistra

In other news, EVP Stephanie Zapata Moore sold 10,000 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the completion of the transaction, the executive vice president directly owned 114,409 shares in the company, valued at $18,340,906.79. This trade represents a 8.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.42% of the company’s stock.

Vistra 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.