Vistra Corp. $VST Shares Sold by Callan Family Office LLC

Callan Family Office LLC cut its holdings in Vistra Corp. (NYSE:VST) by 28.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 28,345 shares of the company’s stock after selling 11,428 shares during the quarter. Callan Family Office LLC’s holdings in Vistra were worth $4,496,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Vistra during the fourth quarter worth about $25,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of Vistra in the fourth quarter valued at about $28,000. Kemnay Advisory Services Inc. purchased a new position in shares of Vistra during the 4th quarter worth approximately $30,000. Strive Financial Group LLC acquired a new position in shares of Vistra during the 4th quarter worth approximately $33,000. Finally, Salomon & Ludwin LLC lifted its stake in Vistra by 74.8% in the 4th quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock valued at $35,000 after buying an additional 92 shares in the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. The Goldman Sachs Group set a $206.00 target price on Vistra in a report on Wednesday, August 12th. Seaport Research Partners reissued a “buy” rating and issued a $230.00 price target on shares of Vistra in a report on Monday, June 15th. Raymond James Financial set a $208.00 price objective on Vistra in a research report on Monday, April 27th. Weiss Ratings lowered Vistra from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, August 13th. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $212.00 price objective on shares of Vistra in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $226.94.

Insiders Place Their Bets

In other news, Director Scott B. Helm sold 25,000 shares of Vistra stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $160.00, for a total value of $4,000,000.00. Following the completion of the sale, the director owned 232,200 shares of the company’s stock, valued at $37,152,000. The trade was a 9.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John R. Sult sold 6,500 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $170.00, for a total value of $1,105,000.00. Following the completion of the transaction, the director owned 70,714 shares of the company’s stock, valued at $12,021,380. The trade was a 8.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 41,588 shares of company stock worth $6,739,227 in the last three months. Company insiders own 0.92% of the company’s stock.

Vistra Stock Down 1.8%

Shares of NYSE VST opened at $136.43 on Friday. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82. The firm’s 50 day moving average price is $153.73 and its 200 day moving average price is $155.83. The firm has a market cap of $45.79 billion, a P/E ratio of 23.05 and a beta of 1.41. The company has a debt-to-equity ratio of 5.87, a quick ratio of 0.87 and a current ratio of 0.97.

Vistra (NYSE:VST) last released its earnings results on Friday, August 7th. The company reported $0.76 EPS for the quarter, missing the consensus estimate of $1.61 by ($0.85). The firm had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $5.46 billion. Vistra had a return on equity of 108.68% and a net margin of 11.55%. As a group, sell-side analysts anticipate that Vistra Corp. will post 9.23 earnings per share for the current year.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 0.7%. This is a positive change from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date is Monday, September 21st. Vistra’s payout ratio is 15.54%.

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.