Vistra Corp. $VST Stock Holdings Raised by Engle Capital Management L.P.

Engle Capital Management L.P. boosted its holdings in shares of Vistra Corp. (NYSE:VST) by 29.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 110,000 shares of the company’s stock after purchasing an additional 24,818 shares during the quarter. Vistra comprises about 6.8% of Engle Capital Management L.P.’s investment portfolio, making the stock its 5th largest position. Engle Capital Management L.P.’s holdings in Vistra were worth $17,746,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in Vistra by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 41,588,784 shares of the company’s stock valued at $6,709,519,000 after purchasing an additional 390,157 shares in the last quarter. State Street Corp raised its stake in Vistra by 2.7% during the fourth quarter. State Street Corp now owns 16,474,869 shares of the company’s stock valued at $2,657,891,000 after purchasing an additional 432,028 shares in the last quarter. Geode Capital Management LLC raised its stake in Vistra by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 8,965,648 shares of the company’s stock valued at $1,441,112,000 after purchasing an additional 97,424 shares in the last quarter. Norges Bank purchased a new stake in Vistra during the fourth quarter valued at $746,729,000. Finally, Invesco Ltd. raised its stake in Vistra by 0.8% during the third quarter. Invesco Ltd. now owns 4,572,642 shares of the company’s stock valued at $895,872,000 after purchasing an additional 35,258 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insider Transactions at Vistra

In related news, CAO Margaret Montemayor sold 4,600 shares of Vistra stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $160.00, for a total transaction of $736,000.00. Following the completion of the sale, the chief accounting officer owned 9,760 shares in the company, valued at $1,561,600. This trade represents a 32.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Paul M. Barbas sold 244 shares of Vistra stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $153.00, for a total transaction of $37,332.00. Following the sale, the director owned 53,006 shares of the company’s stock, valued at $8,109,918. The trade was a 0.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 10,088 shares of company stock valued at $1,634,227 in the last quarter. 0.92% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on VST. TD Cowen decreased their price target on shares of Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Raymond James Financial set a $208.00 price target on shares of Vistra in a research note on Monday, April 27th. Seaport Research Partners reissued a “buy” rating and set a $230.00 target price on shares of Vistra in a research report on Monday. Morgan Stanley reissued an “overweight” rating and set a $212.00 target price on shares of Vistra in a research report on Thursday, May 21st. Finally, Weiss Ratings raised Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $230.44.

Vistra Stock Down 0.0%

Shares of NYSE:VST opened at $158.57 on Thursday. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82. The business has a 50 day simple moving average of $153.85 and a two-hundred day simple moving average of $159.72. The firm has a market capitalization of $53.47 billion, a PE ratio of 26.56 and a beta of 1.40. 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 (NYSE:VST) last announced its 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. On average, equities analysts predict that Vistra Corp. will post 9.31 EPS for the current year.

Vistra Increases Dividend

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

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.