Yousif Capital Management LLC Cuts Stake in Vistra Corp. $VST

Yousif Capital Management LLC decreased its stake in shares of Vistra Corp. (NYSE:VST) by 1.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 47,048 shares of the company’s stock after selling 906 shares during the period. Yousif Capital Management LLC’s holdings in Vistra were worth $9,118,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Red Mountain Financial LLC lifted its position in shares of Vistra by 3.1% during the second quarter. Red Mountain Financial LLC now owns 2,435 shares of the company’s stock worth $472,000 after purchasing an additional 74 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Vistra by 3.1% during the second quarter. Parallel Advisors LLC now owns 2,528 shares of the company’s stock worth $490,000 after purchasing an additional 75 shares during the last quarter. Global Financial Private Client LLC lifted its position in shares of Vistra by 4.7% during the second quarter. Global Financial Private Client LLC now owns 1,695 shares of the company’s stock worth $329,000 after purchasing an additional 76 shares during the last quarter. Armstrong Advisory Group Inc. lifted its position in shares of Vistra by 48.4% during the second quarter. Armstrong Advisory Group Inc. now owns 239 shares of the company’s stock worth $46,000 after purchasing an additional 78 shares during the last quarter. Finally, Fairvoy Private Wealth LLC lifted its position in shares of Vistra by 1.4% during the second quarter. Fairvoy Private Wealth LLC now owns 5,718 shares of the company’s stock worth $1,108,000 after purchasing an additional 79 shares during the last quarter. Institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

VST opened at $209.22 on Tuesday. Vistra Corp. has a twelve month low of $90.51 and a twelve month high of $219.82. The company has a current ratio of 0.90, a quick ratio of 0.80 and a debt-to-equity ratio of 6.58. The stock has a market cap of $70.89 billion, a PE ratio of 33.37, a price-to-earnings-growth ratio of 2.92 and a beta of 1.33. The business’s 50 day moving average is $200.38 and its 200-day moving average is $173.85.

Vistra (NYSE:VST) last posted its quarterly earnings data on Thursday, August 7th. The company reported $1.01 EPS for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.62). Vistra had a net margin of 12.90% and a return on equity of 108.41%. The company had revenue of $4.25 billion for the quarter, compared to analyst estimates of $5.15 billion. On average, analysts predict that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 19th were paid a dividend of $0.226 per share. This is a boost from Vistra’s previous quarterly dividend of $0.23. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Friday, September 19th. Vistra’s dividend payout ratio (DPR) is 14.35%.

Analyst Ratings Changes

Several brokerages have recently commented on VST. The Goldman Sachs Group increased their price target on shares of Vistra from $179.00 to $203.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 13th. Melius Research raised shares of Vistra to a “strong-buy” rating in a report on Wednesday, August 20th. Daiwa America raised shares of Vistra from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 17th. Scotiabank assumed coverage on shares of Vistra in a report on Monday, September 22nd. They issued a “sector outperform” rating and a $256.00 target price on the stock. Finally, BMO Capital Markets raised their target price on shares of Vistra from $229.00 to $236.00 and gave the stock an “outperform” rating in a report on Friday, October 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $227.58.

Insider Transactions at Vistra

In other Vistra news, CEO James A. Burke sold 43,074 shares of Vistra stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $208.75, for a total value of $8,991,697.50. Following the transaction, the chief executive officer owned 217,025 shares in the company, valued at approximately $45,303,968.75. The trade was a 16.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 463,350 shares of company stock valued at $95,374,138 in the last quarter. Insiders own 1.42% of the company’s stock.

About Vistra

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 states in the United States and the District of Columbia.