Vistra Corp. $VST Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama lowered its holdings in Vistra Corp. (NYSE:VST) by 6.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 67,940 shares of the company’s stock after selling 4,872 shares during the quarter. Retirement Systems of Alabama’s holdings in Vistra were worth $13,311,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also modified their holdings of VST. ELCO Management Co. LLC purchased a new stake in Vistra in the 2nd quarter valued at approximately $499,000. FUKOKU MUTUAL LIFE INSURANCE Co purchased a new position in shares of Vistra during the 2nd quarter worth about $292,000. Fisher Funds Management LTD acquired a new position in shares of Vistra in the 3rd quarter valued at $1,241,000. Charles Schwab Investment Management Inc. grew its position in Vistra by 1.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 2,099,120 shares of the company’s stock valued at $406,830,000 after acquiring an additional 35,444 shares during the period. Finally, Nordea Investment Management AB increased its position in Vistra by 1,973.0% during the 3rd quarter. Nordea Investment Management AB now owns 362,178 shares of the company’s stock worth $69,477,000 after purchasing an additional 344,707 shares in the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Stock Up 3.4%

VST opened at $164.19 on Wednesday. Vistra Corp. has a one year low of $90.51 and a one year high of $219.82. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.88 and a current ratio of 0.99. The stock’s fifty day moving average is $166.93 and its 200-day moving average is $186.25. The company has a market capitalization of $55.63 billion, a PE ratio of 59.27, a P/E/G ratio of 0.96 and a beta of 1.41.

Vistra (NYSE:VST) last announced 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 business had revenue of $4.97 billion during 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%. On average, equities analysts predict that Vistra Corp. will post 7 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were issued a dividend of $0.227 per share. This represents a $0.91 annualized dividend and a yield of 0.6%. The ex-dividend date was Monday, December 22nd. This is a boost from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is presently 32.85%.

Analyst Ratings Changes

Several brokerages recently issued reports on VST. Scotiabank increased their price target on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a report on Monday, January 12th. TD Cowen assumed coverage on shares of Vistra in a research report on Thursday, October 16th. They issued a “buy” rating and a $250.00 target price for the company. Bank of America reduced their price objective on Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. UBS Group boosted their price objective on shares of Vistra from $230.00 to $233.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Finally, BMO Capital Markets raised their target price on Vistra from $230.00 to $244.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $239.20.

Insider Activity

In other Vistra news, EVP Carrie Lee Kirby sold 58,275 shares of Vistra stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $174.75, for a total transaction of $10,183,556.25. Following the transaction, the executive vice president owned 218,239 shares of the company’s stock, valued at $38,137,265.25. The trade was a 21.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Stephanie Zapata Moore sold 8,219 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $173.35, for a total transaction of $1,424,763.65. Following the completion of the transaction, the executive vice president owned 79,854 shares in the company, valued at approximately $13,842,690.90. This represents a 9.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 166,680 shares of company stock worth $28,761,790 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.