Vistra Corp. $VST Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC trimmed its position in Vistra Corp. (NYSE:VSTFree Report) by 37.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,571 shares of the company’s stock after selling 5,612 shares during the period. Kestra Private Wealth Services LLC’s holdings in Vistra were worth $1,544,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in VST. Salomon & Ludwin LLC acquired a new stake in Vistra in the third quarter worth approximately $25,000. Quent Capital LLC acquired a new stake in Vistra in the third quarter worth approximately $25,000. Archer Investment Corp lifted its position in Vistra by 2,700.0% in the third quarter. Archer Investment Corp now owns 140 shares of the company’s stock worth $27,000 after purchasing an additional 135 shares during the period. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Vistra in the third quarter worth approximately $28,000. Finally, Orion Capital Management LLC acquired a new stake in Vistra in the third quarter worth approximately $29,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra News Roundup

Here are the key news stories impacting Vistra this week:

Vistra Price Performance

NYSE VST opened at $155.62 on Friday. The stock has a market capitalization of $52.68 billion, a P/E ratio of 71.71, a P/E/G ratio of 0.96 and a beta of 1.49. Vistra Corp. has a 1 year low of $133.73 and a 1 year high of $219.82. The business’s fifty day moving average is $159.99 and its two-hundred day moving average is $168.18. The company has a debt-to-equity ratio of 6.01, a quick ratio of 0.69 and a current ratio of 0.78.

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

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be issued a $0.229 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, June 22nd. Vistra’s dividend payout ratio is currently 41.94%.

Insider Transactions at Vistra

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the sale, the executive vice president directly owned 114,409 shares of the company’s stock, valued at $18,340,906.79. The trade was a 8.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.92% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on VST shares. Morgan Stanley restated an “overweight” rating and issued a $208.00 target price on shares of Vistra in a research report on Tuesday, April 21st. Scotiabank upped their target price on Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Jefferies Financial Group upgraded Vistra from a “hold” rating to a “buy” rating and upped their target price for the stock from $191.00 to $203.00 in a research report on Tuesday, February 10th. UBS Group upped their target price on Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Finally, The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price target on the stock in a report on Friday, February 6th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Vistra presently has a consensus rating of “Buy” and a consensus price target of $235.27.

Get Our Latest Stock Report on VST

Vistra 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.

Further Reading

Institutional Ownership by Quarter for Vistra (NYSE:VST)

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