Universal Beteiligungs und Servicegesellschaft mbH reduced its position in Vistra Corp. (NYSE:VST – Free Report) by 6.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 133,799 shares of the company’s stock after selling 8,606 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Vistra were worth $26,214,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also modified their holdings of the business. Huntleigh Advisors Inc. purchased a new stake in Vistra in the 3rd quarter valued at $3,058,000. Dynasty Wealth Management LLC increased its stake in Vistra by 48.9% in the third quarter. Dynasty Wealth Management LLC now owns 2,328 shares of the company’s stock valued at $456,000 after purchasing an additional 765 shares during the period. Root Financial Partners LLC purchased a new stake in shares of Vistra in the third quarter valued at about $125,000. GKV Capital Management Co. Inc. acquired a new stake in shares of Vistra during the third quarter worth about $243,000. Finally, Fisher Funds Management LTD acquired a new stake in shares of Vistra during the third quarter worth about $1,241,000. 90.88% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
VST has been the topic of several recent research reports. Evercore ISI boosted their price target on Vistra from $237.00 to $243.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. KeyCorp started coverage on Vistra in a research note on Monday, November 24th. They issued an “overweight” rating and a $217.00 target price on the stock. TD Cowen started coverage on Vistra in a research note on Thursday, October 16th. They set a “buy” rating and a $250.00 price target for the company. UBS Group increased their price target on Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Finally, Bank of America dropped their price objective on shares of Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $239.20.
Vistra Price Performance
Shares of NYSE:VST opened at $160.49 on Friday. The firm has a market capitalization of $54.38 billion, a price-to-earnings ratio of 57.94, a price-to-earnings-growth ratio of 0.99 and a beta of 1.41. 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 business’s 50 day simple moving average is $167.76 and its 200-day simple moving average is $187.07. Vistra Corp. has a 12 month low of $90.51 and a 12 month high of $219.82.
Vistra (NYSE:VST – Get Free Report) last issued its quarterly earnings data on Friday, November 7th. The company reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.03). The firm had revenue of $4.97 billion for the quarter, compared to analyst estimates of $6.60 billion. Vistra had a return on equity of 64.04% and a net margin of 6.70%. As a group, equities analysts forecast that Vistra Corp. will post 7 earnings per share for the current fiscal year.
Vistra Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were given a $0.227 dividend. The ex-dividend date was Monday, December 22nd. This represents a $0.91 annualized dividend and a dividend yield of 0.6%. This is a boost from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is presently 32.85%.
Insider Buying and Selling at Vistra
In other Vistra news, CEO James A. Burke sold 22,251 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $162.05, for a total transaction of $3,605,774.55. Following the completion of the transaction, the chief executive officer directly owned 297,998 shares in the company, valued at approximately $48,290,575.90. This trade represents a 6.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Scott A. Hudson sold 56,000 shares of Vistra stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $168.86, for a total transaction of $9,456,160.00. Following the transaction, the executive vice president owned 306,600 shares of the company’s stock, valued at approximately $51,772,476. The trade was a 15.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 196,794 shares of company stock valued at $34,784,876 in the last quarter. Insiders own 1.42% of the company’s stock.
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.
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