RWC Asset Management LLP Sells 40,678 Shares of Vistra Corp. $VST

RWC Asset Management LLP trimmed its position in shares of Vistra Corp. (NYSE:VST) by 41.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 57,665 shares of the company’s stock after selling 40,678 shares during the quarter. RWC Asset Management LLP’s holdings in Vistra were worth $9,303,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Syon Capital LLC boosted its holdings in shares of Vistra by 35.8% in the fourth quarter. Syon Capital LLC now owns 2,098 shares of the company’s stock worth $338,000 after acquiring an additional 553 shares during the period. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD bought a new position in shares of Vistra in the fourth quarter worth $19,154,000. ING Groep NV raised its position in shares of Vistra by 582.3% in the fourth quarter. ING Groep NV now owns 179,261 shares of the company’s stock worth $28,920,000 after buying an additional 152,988 shares in the last quarter. Capital World Investors purchased a new stake in shares of Vistra in the fourth quarter worth $574,499,000. Finally, Los Angeles Capital Management LLC raised its position in shares of Vistra by 55.1% in the fourth quarter. Los Angeles Capital Management LLC now owns 240,909 shares of the company’s stock worth $38,866,000 after buying an additional 85,587 shares in the last quarter. 90.88% of the stock is owned by institutional investors.

Vistra Stock Down 0.0%

VST opened at $148.72 on Monday. The company has a market cap of $50.15 billion, a P/E ratio of 24.91 and a beta of 1.40. The business’s 50-day moving average price is $154.21 and its 200-day moving average price is $161.13. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. Vistra Corp. has a 12 month low of $132.66 and a 12 month high of $219.82.

Vistra (NYSE:VST) last announced its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $1.55. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The company had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.22 billion. On average, equities analysts expect that Vistra Corp. will post 9.3 EPS for the current year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be given a dividend of $0.229 per share. This represents a $0.92 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Monday, June 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is presently 15.24%.

Insiders Place Their Bets

In other news, CAO Margaret Montemayor sold 4,600 shares of the business’s stock in a transaction that occurred 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 sale, the chief accounting officer directly owned 9,760 shares of the company’s stock, valued at $1,561,600. The trade was a 32.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Raymond James Financial set a $208.00 price objective on Vistra in a research report on Monday, April 27th. TD Cowen lowered their price objective on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. BMO Capital Markets reiterated an “outperform” rating and issued a $241.00 price objective on shares of Vistra in a research report on Monday, March 2nd. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $212.00 price objective on shares of Vistra in a research report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Vistra currently has an average rating of “Buy” and an average target price of $233.33.

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.