Kapitalo Investimentos Ltda Raises Stock Position in Vistra Corp. $VST

Kapitalo Investimentos Ltda raised its position in shares of Vistra Corp. (NYSE:VST) by 4.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 228,300 shares of the company’s stock after purchasing an additional 10,462 shares during the period. Vistra accounts for approximately 2.3% of Kapitalo Investimentos Ltda’s holdings, making the stock its 9th biggest position. Kapitalo Investimentos Ltda’s holdings in Vistra were worth $36,215,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of VST. BlackRock Inc. bought a new stake in shares of Vistra during the second quarter valued at approximately $4,610,496,000. State Street Corp boosted its holdings in Vistra by 2.7% during the fourth quarter. State Street Corp now owns 16,474,869 shares of the company’s stock worth $2,657,891,000 after buying an additional 432,028 shares in the last quarter. Geode Capital Management LLC grew its position in Vistra by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 8,965,648 shares of the company’s stock worth $1,441,112,000 after buying an additional 97,424 shares during the last quarter. Norges Bank bought a new position in shares of Vistra in the fourth quarter valued at $746,729,000. Finally, Invesco Ltd. increased its holdings in shares of Vistra by 0.8% in the third quarter. Invesco Ltd. now owns 4,572,642 shares of the company’s stock valued at $895,872,000 after buying an additional 35,258 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Vistra Trading Up 2.5%

Vistra stock opened at $139.09 on Wednesday. Vistra Corp. has a 52 week low of $132.66 and a 52 week high of $219.82. The company has a debt-to-equity ratio of 5.87, a quick ratio of 0.87 and a current ratio of 0.97. The firm has a market capitalization of $46.68 billion, a price-to-earnings ratio of 23.50 and a beta of 1.41. The company has a 50 day moving average price of $152.99 and a 200 day moving average price of $155.70.

Vistra (NYSE:VST) last announced its earnings results on Friday, August 7th. The company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by ($0.85). The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $5.46 billion. Vistra had a net margin of 11.55% and a return on equity of 108.68%. Research analysts forecast that Vistra Corp. will post 9.21 EPS for the current year.

Vistra Increases Dividend

The firm also recently declared 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 is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, September 21st. Vistra’s dividend payout ratio is presently 15.54%.

Analyst Ratings Changes

A number of brokerages have recently commented on VST. Zacks Research downgraded Vistra from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 18th. Scotiabank boosted their target price on Vistra from $293.00 to $298.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. Jefferies Financial Group reaffirmed a “buy” rating and set a $190.00 target price on shares of Vistra in a report on Thursday, May 21st. BNP Paribas Exane set a $255.00 price target on Vistra in a research report on Wednesday, August 19th. Finally, Mizuho assumed coverage on Vistra in a research note on Monday. They issued an “outperform” rating and a $169.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Vistra presently has a consensus rating of “Moderate Buy” and an average price target of $223.53.

Insiders Place Their Bets

In other Vistra news, Director Scott B. Helm sold 25,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the director directly owned 232,200 shares in the company, valued at approximately $37,152,000. This trade represents a 9.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 dated Monday, June 15th. The shares were sold at an average price of $153.00, for a total value of $37,332.00. Following the transaction, the director directly owned 53,006 shares in the company, valued at approximately $8,109,918. This trade represents a 0.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 36,588 shares of company stock valued at $5,914,427 over the last ninety days. Corporate insiders own 0.92% of the company’s stock.

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.