GC Wealth Management RIA LLC Sells 6,617 Shares of Vistra Corp. $VST

GC Wealth Management RIA LLC lessened its stake in shares of Vistra Corp. (NYSE:VSTFree Report) by 58.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,661 shares of the company’s stock after selling 6,617 shares during the quarter. GC Wealth Management RIA LLC’s holdings in Vistra were worth $752,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. raised its position in Vistra by 0.9% in the 4th 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 during the last quarter. Massachusetts Financial Services Co. MA raised its position in Vistra by 15.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 7,106,465 shares of the company’s stock valued at $1,392,299,000 after purchasing an additional 930,912 shares during the last quarter. Invesco Ltd. raised its position in Vistra by 0.8% in the 3rd 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 during the last quarter. Franklin Resources Inc. raised its position in Vistra by 11.3% in the 3rd quarter. Franklin Resources Inc. now owns 2,983,868 shares of the company’s stock valued at $584,599,000 after purchasing an additional 303,573 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in Vistra by 0.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,344,142 shares of the company’s stock valued at $459,264,000 after purchasing an additional 16,321 shares during the last quarter. Institutional investors own 90.88% of the company’s stock.

Vistra Trading Up 2.7%

VST stock opened at $157.91 on Friday. The company has a market cap of $53.46 billion, a P/E ratio of 72.77, a PEG ratio of 0.93 and a beta of 1.49. Vistra Corp. has a twelve month low of $133.73 and a twelve month high of $219.82. The company has a quick ratio of 0.69, a current ratio of 0.78 and a debt-to-equity ratio of 6.01. The business has a fifty day moving average of $159.99 and a 200-day moving average of $168.18.

Vistra (NYSE:VSTGet Free Report) last released its earnings results on Thursday, February 26th. The company reported $2.18 earnings per share for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.27). The firm had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $5.75 billion. Vistra had a return on equity of 81.09% and a net margin of 5.32%. As a group, equities research analysts expect that Vistra Corp. will post 8.72 EPS for the current year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be given a dividend of $0.229 per share. The ex-dividend date is Monday, June 22nd. This is an increase from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.6%. Vistra’s dividend payout ratio is presently 41.94%.

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 transaction of $1,603,100.00. Following the completion of the sale, the executive vice president owned 114,409 shares in the company, valued at $18,340,906.79. The trade was a 8.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.92% of the stock is currently owned by insiders.

Key Headlines Impacting Vistra

Here are the key news stories impacting Vistra this week:

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on VST. Raymond James Financial set a $208.00 price objective on Vistra in a research report on Monday. Jefferies Financial Group upgraded Vistra from a “hold” rating to a “buy” rating and lifted their price objective for the company from $191.00 to $203.00 in a research report on Tuesday, February 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Vistra in a research report on Friday, March 27th. Bank of America cut their price objective on Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a research report on Monday, January 12th. Finally, The Goldman Sachs Group upgraded Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective for the company in a research report on Friday, February 6th. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $235.27.

View Our Latest Report on VST

Vistra Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vistra (NYSE:VST)

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