Vistra Corp. $VST Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. trimmed its stake in shares of Vistra Corp. (NYSE:VST) by 43.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,660 shares of the company’s stock after selling 6,707 shares during the quarter. Securian Asset Management Inc.’s holdings in Vistra were worth $1,397,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of VST. Quent Capital LLC purchased a new position in shares of Vistra during the 3rd quarter worth approximately $25,000. Archer Investment Corp raised its stake in shares of Vistra by 2,700.0% during the 3rd quarter. Archer Investment Corp now owns 140 shares of the company’s stock worth $27,000 after buying an additional 135 shares in the last quarter. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in shares of Vistra during the 3rd quarter worth approximately $28,000. Orion Capital Management LLC purchased a new position in shares of Vistra during the 3rd quarter worth approximately $29,000. Finally, Salomon & Ludwin LLC raised its stake in shares of Vistra by 74.8% during the 4th quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock worth $35,000 after buying an additional 92 shares in the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the stock in a transaction on 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 sale, the executive vice president owned 114,409 shares in the company, valued at approximately $18,340,906.79. This represents a 8.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.92% of the company’s stock.

Vistra Price Performance

Shares of NYSE:VST opened at $146.90 on Wednesday. The business’s fifty day moving average price is $157.67 and its two-hundred day moving average price is $165.72. The stock has a market cap of $49.53 billion, a PE ratio of 24.61, a price-to-earnings-growth ratio of 0.88 and a beta of 1.43. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.69 and a current ratio of 0.90. Vistra Corp. has a one year low of $138.53 and a one year high of $219.82.

Vistra (NYSE:VST) last announced its earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $1.55. The firm had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. On average, analysts forecast that Vistra Corp. will post 9.16 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be issued a dividend of $0.229 per share. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. Vistra’s payout ratio is currently 15.24%.

Wall Street Analyst Weigh In

VST has been the subject of a number of analyst reports. Raymond James Financial set a $208.00 target price on Vistra in a research note on Monday, April 27th. The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 target price for the company in a research note on Friday, February 6th. Wells Fargo & Company cut their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. TD Cowen dropped their price objective on Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, May 4th. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $233.93.

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.