Vistra Corp. $VST Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its stake in shares of Vistra Corp. (NYSE:VST) by 13.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,613 shares of the company’s stock after selling 6,435 shares during the period. Yousif Capital Management LLC’s holdings in Vistra were worth $7,957,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Kirr Marbach & Co. LLC IN boosted its holdings in Vistra by 0.9% in the 2nd quarter. Kirr Marbach & Co. LLC IN now owns 168,713 shares of the company’s stock valued at $32,698,000 after purchasing an additional 1,535 shares during the last quarter. ELCO Management Co. LLC acquired a new stake in shares of Vistra during the 2nd quarter worth approximately $499,000. FUKOKU MUTUAL LIFE INSURANCE Co purchased a new stake in shares of Vistra during the 2nd quarter valued at approximately $292,000. Peak Financial Advisors LLC acquired a new position in Vistra in the second quarter valued at approximately $547,000. Finally, Charles Schwab Investment Management Inc. grew its position in Vistra by 1.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 2,099,120 shares of the company’s stock worth $406,830,000 after acquiring an additional 35,444 shares during the period. Institutional investors and hedge funds own 90.88% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on VST shares. Daiwa Capital Markets upgraded Vistra from a “neutral” rating to a “buy” rating and set a $250.00 target price on the stock in a research report on Wednesday, September 17th. Daiwa America upgraded shares of Vistra from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 17th. Evercore ISI upped their target price on shares of Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Cowen began coverage on shares of Vistra in a research report on Wednesday, October 15th. They set a “buy” rating for the company. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $230.00 price target (down from $241.00) on shares of Vistra in a research note on Monday, September 22nd. Four investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Vistra presently has an average rating of “Buy” and a consensus price target of $232.40.

Insider Buying and Selling

In related news, EVP Stephanie Zapata Moore sold 8,219 shares of Vistra stock in a transaction on Monday, November 24th. The stock was sold at an average price of $173.35, for a total value of $1,424,763.65. Following the completion of the transaction, the executive vice president directly owned 79,854 shares in the company, valued at approximately $13,842,690.90. This trade represents a 9.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO James A. Burke sold 22,251 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $162.05, for a total value of $3,605,774.55. Following the transaction, the chief executive officer directly owned 297,998 shares of the company’s stock, valued at $48,290,575.90. The trade was a 6.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 635,650 shares of company stock valued at $123,577,205 in the last three months. 1.42% of the stock is currently owned by insiders.

Vistra Stock Up 0.1%

Shares of NYSE:VST opened at $161.65 on Wednesday. The firm has a market capitalization of $54.77 billion, a PE ratio of 58.36, a price-to-earnings-growth ratio of 2.93 and a beta of 1.39. Vistra Corp. has a 1 year low of $90.51 and a 1 year high of $219.82. The company has a debt-to-equity ratio of 5.74, a current ratio of 0.99 and a quick ratio of 0.88. The firm’s 50-day moving average is $179.80 and its two-hundred day moving average is $189.97.

Vistra (NYSE:VST) last posted its quarterly earnings data on Friday, November 7th. The company reported $1.75 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.03). Vistra had a net margin of 6.70% and a return on equity of 64.04%. The business had revenue of $4.97 billion during the quarter, compared to analysts’ expectations of $6.60 billion. Analysts predict that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be paid a $0.227 dividend. This represents a $0.91 annualized dividend and a dividend yield of 0.6%. This is a positive change from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Monday, December 22nd. Vistra’s payout ratio is presently 32.85%.

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.