Ensign Peak Advisors Inc decreased its stake in shares of Vistra Corp. (NYSE:VST – Get Rating) by 22.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 638,353 shares of the company’s stock after selling 187,720 shares during the quarter. Ensign Peak Advisors Inc’s holdings in Vistra were worth $14,536,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of VST. Mizuho Markets Americas LLC acquired a new position in shares of Vistra during the 4th quarter worth approximately $175,101,000. Marathon Asset Mgmt Ltd acquired a new position in shares of Vistra during the 4th quarter worth approximately $86,462,000. Bank of New York Mellon Corp increased its holdings in shares of Vistra by 111.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 5,865,513 shares of the company’s stock worth $100,300,000 after acquiring an additional 3,096,432 shares during the last quarter. Assenagon Asset Management S.A. acquired a new position in shares of Vistra during the 4th quarter worth approximately $31,320,000. Finally, Franklin Resources Inc. increased its holdings in shares of Vistra by 8.1% during the 3rd quarter. Franklin Resources Inc. now owns 13,637,662 shares of the company’s stock worth $233,204,000 after acquiring an additional 1,026,364 shares during the last quarter.
Separately, Zacks Investment Research raised Vistra from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a report on Thursday, May 5th. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, Vistra presently has an average rating of “Buy” and an average target price of $24.71.
Vistra (NYSE:VST – Get Rating) last released its quarterly earnings results on Friday, February 25th. The company reported $1.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.14 by ($1.69). The firm had revenue of $3.31 billion during the quarter, compared to the consensus estimate of $4.66 billion. Vistra had a net margin of 4.03% and a return on equity of 13.60%. Equities analysts anticipate that Vistra Corp. will post 2.18 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 30th. Investors of record on Wednesday, June 22nd will be paid a $0.177 dividend. The ex-dividend date of this dividend is Tuesday, June 21st. This is an increase from Vistra’s previous quarterly dividend of $0.17. This represents a $0.71 annualized dividend and a yield of 2.81%. Vistra’s payout ratio is 83.95%.
In related news, EVP Stephen J. Muscato sold 50,000 shares of the business’s stock in a transaction on Tuesday, March 1st. The stock was sold at an average price of $22.39, for a total value of $1,119,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Brookfield Asset Management In sold 750,000 shares of the business’s stock in a transaction on Wednesday, May 4th. The shares were sold at an average price of $25.77, for a total value of $19,327,500.00. Following the completion of the sale, the insider now owns 18,538,903 shares of the company’s stock, valued at $477,747,530.31. The disclosure for this sale can be found here. Insiders sold a total of 3,600,992 shares of company stock valued at $92,736,949 over the last 90 days. 1.47% of the stock is currently owned by corporate insiders.
Vistra Profile (Get Rating)
Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across 20 states in the United States and the District of Columbia.
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