Vistra Corp. (NYSE:VST) Short Interest Update

Vistra Corp. (NYSE:VSTGet Free Report) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 11,237,560 shares, an increase of 20.4% from the March 31st total of 9,333,104 shares. Approximately 3.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,392,087 shares, the days-to-cover ratio is currently 3.3 days.

Wall Street Analyst Weigh In

A number of brokerages have commented on VST. JPMorgan Chase & Co. lowered their target price on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a report on Thursday. UBS Group increased their target price on Vistra from $230.00 to $233.00 and gave the company a “buy” rating in a report on Monday, January 12th. Scotiabank increased their target price on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Bank of America lowered their target price on Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a report on Monday, January 12th. Finally, Wells Fargo & Company lowered their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $235.27.

View Our Latest Research Report on VST

Insider Buying and Selling

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the 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 sale, the executive vice president owned 114,409 shares in the company, valued at approximately $18,340,906.79. This represents a 8.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.92% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Diversify Wealth Management LLC boosted its holdings in Vistra by 29.1% in the first quarter. Diversify Wealth Management LLC now owns 27,544 shares of the company’s stock valued at $4,236,000 after acquiring an additional 6,204 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Vistra by 125.0% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 166,691 shares of the company’s stock valued at $25,059,000 after acquiring an additional 92,607 shares during the last quarter. Fifth Third Bancorp boosted its holdings in Vistra by 95.1% in the first quarter. Fifth Third Bancorp now owns 177,199 shares of the company’s stock valued at $26,638,000 after acquiring an additional 86,393 shares during the last quarter. Candriam S.C.A. boosted its holdings in Vistra by 2.9% in the first quarter. Candriam S.C.A. now owns 4,978 shares of the company’s stock valued at $748,000 after acquiring an additional 140 shares during the last quarter. Finally, Peterson Wealth Services acquired a new position in Vistra in the first quarter valued at $3,296,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Price Performance

Shares of NYSE:VST opened at $155.62 on Friday. The company has a market cap of $52.68 billion, a P/E ratio of 71.71, a P/E/G ratio of 0.96 and a beta of 1.44. The company has a quick ratio of 0.69, a current ratio of 0.78 and a debt-to-equity ratio of 6.01. Vistra has a 52 week low of $133.73 and a 52 week high of $219.82. The business has a fifty day simple moving average of $159.99 and a 200-day simple moving average of $168.18.

Vistra (NYSE:VSTGet Free Report) last announced its quarterly earnings data on Thursday, February 26th. The company reported $2.18 EPS for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.27). The business had revenue of $4.58 billion during the quarter, compared to analysts’ expectations of $5.75 billion. Vistra had a net margin of 5.32% and a return on equity of 81.09%. Equities research analysts forecast that Vistra will post 8.72 EPS for the current year.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be given a $0.229 dividend. 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%. The ex-dividend date of this dividend is Monday, June 22nd. Vistra’s dividend payout ratio (DPR) is presently 41.94%.

Vistra News Roundup

Here are the key news stories impacting Vistra this week:

Vistra Company Profile

(Get 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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