Vistra Corp. $VST Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Vistra Corp. (NYSE:VST) by 4.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,639,022 shares of the company’s stock after buying an additional 69,369 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.49% of Vistra worth $259,998,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of Vistra in the fourth quarter valued at approximately $25,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Vistra during the 4th quarter valued at about $28,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Vistra in the fourth quarter valued at about $30,000. Strive Financial Group LLC acquired a new stake in Vistra during the fourth quarter worth about $33,000. Finally, IFC & Insurance Marketing Inc. purchased a new position in Vistra during the fourth quarter worth about $35,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Scott B. Helm sold 25,000 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $160.00, for a total value of $4,000,000.00. Following the completion of the transaction, the director owned 232,200 shares in the company, valued at $37,152,000. This trade represents a 9.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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 stock was sold at an average price of $153.00, for a total transaction of $37,332.00. Following the transaction, the director owned 53,006 shares of the company’s stock, valued at approximately $8,109,918. The trade was a 0.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 31,988 shares of company stock worth $5,178,427 over the last 90 days. 0.92% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Zacks Research lowered shares of Vistra from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 18th. Sanford C. Bernstein set a $187.00 target price on Vistra and gave the stock an “outperform” rating in a research note on Tuesday, June 16th. Wells Fargo & Company reissued an “overweight” rating and issued a $212.00 price objective on shares of Vistra in a research report on Monday, August 10th. Scotiabank raised 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. Finally, The Goldman Sachs Group set a $206.00 price target on shares of Vistra in a research report on Wednesday, August 12th. 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 data from MarketBeat.com, Vistra has an average rating of “Moderate Buy” and a consensus target price of $223.53.

Vistra Trading Up 0.3%

Shares of Vistra stock opened at $137.45 on Tuesday. The company has a quick ratio of 0.87, a current ratio of 0.97 and a debt-to-equity ratio of 5.87. The company’s 50-day simple moving average is $151.02 and its 200-day simple moving average is $155.34. The firm has a market cap of $46.13 billion, a price-to-earnings ratio of 23.22 and a beta of 1.41. Vistra Corp. has a 52-week low of $132.66 and a 52-week high of $219.82.

Vistra (NYSE:VST) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.76 earnings per share for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.85). Vistra had a net margin of 11.55% and a return on equity of 108.68%. The business had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $5.46 billion. As a group, equities research analysts anticipate that Vistra Corp. will post 9.21 earnings per share for the current year.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be issued a $0.23 dividend. The ex-dividend date is Monday, September 21st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is currently 15.54%.

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.