Two Seas Capital LP Boosts Stock Position in Vistra Corp. $VST

Two Seas Capital LP boosted its holdings in shares of Vistra Corp. (NYSE:VST) by 46.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 249,707 shares of the company’s stock after acquiring an additional 79,707 shares during the quarter. Vistra accounts for 0.8% of Two Seas Capital LP’s portfolio, making the stock its 16th biggest holding. Two Seas Capital LP’s holdings in Vistra were worth $40,285,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in Vistra during the 4th quarter valued at $25,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in Vistra during the 3rd quarter valued at $28,000. Salomon & Ludwin LLC boosted its holdings in Vistra by 74.8% during the 4th quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock valued at $35,000 after acquiring an additional 92 shares during the period. Strive Asset Management LLC purchased a new position in Vistra during the 3rd quarter valued at $38,000. Finally, Triumph Capital Management purchased a new position in Vistra during the 3rd quarter valued at $38,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Analysts Set New Price Targets

VST has been the subject of a number of research analyst reports. Wells Fargo & Company decreased their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Raymond James Financial set a $208.00 target price on Vistra in a research report on Monday, April 27th. Weiss Ratings raised Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Morgan Stanley reaffirmed an “overweight” rating and set a $212.00 target price on shares of Vistra in a research report on Thursday, May 21st. Finally, 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 report on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $233.33.

Vistra Trading Down 3.2%

Shares of NYSE VST opened at $148.72 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51. The business has a fifty day simple moving average of $154.21 and a two-hundred day simple moving average of $161.22. The firm has a market cap of $50.15 billion, a PE ratio of 24.91 and a beta of 1.40. Vistra Corp. has a twelve month low of $132.66 and a twelve month high of $219.82.

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

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be given a $0.229 dividend. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, June 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is presently 15.24%.

Insider Buying and Selling at Vistra

In other news, EVP Stephanie Zapata Moore sold 10,000 shares of the business’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $160.31, for a total value of $1,603,100.00. Following the completion of the transaction, the executive vice president directly owned 114,409 shares of the company’s stock, valued at approximately $18,340,906.79. The trade was a 8.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Margaret Montemayor sold 5,000 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total value of $824,800.00. Following the completion of the transaction, the chief accounting officer directly owned 14,360 shares of the company’s stock, valued at approximately $2,368,825.60. The trade was a 25.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 19,600 shares of company stock valued at $3,163,900. Corporate insiders own 0.92% 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.