Kapitalo Investimentos Ltda Increases Stake in Vistra Corp. $VST

Kapitalo Investimentos Ltda grew its stake in Vistra Corp. (NYSE:VST) by 107.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 217,838 shares of the company’s stock after buying an additional 112,838 shares during the quarter. Vistra accounts for about 6.2% of Kapitalo Investimentos Ltda’s investment portfolio, making the stock its 5th biggest holding. Kapitalo Investimentos Ltda’s holdings in Vistra were worth $32,748,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Fifth Third Bancorp boosted its holdings in shares of Vistra by 95.1% in the 1st quarter. Fifth Third Bancorp now owns 177,199 shares of the company’s stock valued at $26,638,000 after buying an additional 86,393 shares during the last quarter. Norges Bank acquired a new position in Vistra during the fourth quarter worth $746,729,000. Payden & Rygel raised its position in Vistra by 3,118.2% during the fourth quarter. Payden & Rygel now owns 35,400 shares of the company’s stock worth $5,711,000 after acquiring an additional 34,300 shares in the last quarter. Signature Estate & Investment Advisors LLC bought a new stake in Vistra during the fourth quarter worth $29,875,000. Finally, Legal & General Group Plc lifted its stake in Vistra by 12.2% in the fourth quarter. Legal & General Group Plc now owns 1,768,694 shares of the company’s stock valued at $285,343,000 after acquiring an additional 192,274 shares during the last quarter. Institutional investors own 90.88% of the company’s stock.

Insider Activity at Vistra

In other news, Director Scott B. Helm sold 25,000 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $160.00, for a total transaction of $4,000,000.00. Following the transaction, the director owned 232,200 shares in the company, valued at approximately $37,152,000. This trade represents 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 accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paul M. Barbas sold 244 shares of Vistra stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $153.00, for a total value of $37,332.00. Following the sale, the director directly owned 53,006 shares of the company’s stock, valued at approximately $8,109,918. The trade was a 0.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 41,588 shares of company stock valued at $6,739,227. 0.92% of the stock is currently owned by insiders.

Vistra Trading Up 1.5%

VST stock opened at $157.82 on Tuesday. Vistra Corp. has a one year low of $132.66 and a one year high of $219.82. The stock has a market cap of $53.22 billion, a price-to-earnings ratio of 26.44 and a beta of 1.40. The company has a fifty day moving average price of $154.26 and a two-hundred day moving average price of $158.37. 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 issued its quarterly earnings data on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $1.32 by $1.55. The company had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.22 billion. Vistra had a net margin of 11.52% and a return on equity of 105.64%. Equities analysts anticipate that Vistra Corp. will post 9.53 EPS for the current year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd were issued a $0.229 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.92 annualized dividend and a yield of 0.6%. This is an increase from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is currently 15.41%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on VST. Seaport Research Partners reissued a “buy” rating and issued a $230.00 price objective on shares of Vistra in a research report on Monday, June 15th. JPMorgan Chase & Co. dropped their target price on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Scotiabank lifted their price target on Vistra from $293.00 to $298.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. Morgan Stanley reiterated an “overweight” rating and set a $210.00 price target on shares of Vistra in a report on Wednesday, June 24th. Finally, Weiss Ratings lowered Vistra from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $230.62.

Vistra 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.