Margaret Montemayor Sells 4,600 Shares of Vistra (NYSE:VST) Stock

Vistra Corp. (NYSE:VST) CAO Margaret Montemayor sold 4,600 shares of Vistra stock in a transaction 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 completion of the sale, the chief accounting officer directly owned 9,760 shares of the company’s stock, valued at approximately $1,561,600. The trade was a 32.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Margaret Montemayor also recently made the following trade(s):

• On Wednesday, May 27th, Margaret Montemayor sold 5,000 shares of Vistra stock. The stock was sold at an average price of $164.96, for a total value of $824,800.00.

Vistra Stock Performance

Shares of VST opened at $148.72 on Friday. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79. Vistra Corp. has a one year low of $132.66 and a one year high of $219.82. The firm has a market capitalization of $50.15 billion, a P/E ratio of 24.91 and a beta of 1.40. The business has a fifty day moving average of $154.21 and a 200 day moving average of $161.22.

Vistra (NYSE:VST) last released its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $1.55. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The business had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.22 billion. As a group, sell-side analysts anticipate that Vistra Corp. will post 9.3 EPS for the current year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 22nd will be given a $0.229 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Monday, June 22nd. Vistra’s dividend payout ratio (DPR) is presently 15.24%.

Hedge Funds Weigh In On Vistra

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VST. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Vistra during the 4th quarter valued at about $25,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of Vistra during the 3rd quarter valued at about $28,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Vistra during the 4th quarter valued at about $28,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Vistra during the 4th quarter valued at about $30,000. Finally, Strive Financial Group LLC acquired a new stake in shares of Vistra during the 4th quarter valued at about $33,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on VST shares. The Goldman Sachs Group upgraded Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective on the stock in a research report on Friday, February 6th. Wells Fargo & Company reduced their price target on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Raymond James Financial set a $208.00 price objective on Vistra in a research note on Monday, April 27th. Morgan Stanley reissued an “overweight” rating and issued a $212.00 price objective on shares of Vistra in a research note on Thursday, May 21st. Finally, TD Cowen dropped their price objective on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Vistra currently has an average rating of “Buy” and a consensus price target 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.