Vistra (NYSE:VST) CAO Sells $824,800.00 in Stock

Vistra Corp. (NYSE:VST) CAO Margaret Montemayor sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total transaction of $824,800.00. Following the completion of the transaction, the chief accounting officer directly owned 14,360 shares in the company, valued at approximately $2,368,825.60. The trade was a 25.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Vistra Stock Performance

Shares of VST traded down $0.18 on Friday, reaching $160.10. The company’s stock had a trading volume of 3,780,835 shares, compared to its average volume of 5,692,440. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79. The stock has a market capitalization of $53.98 billion, a P/E ratio of 26.82 and a beta of 1.43. The stock’s 50 day simple moving average is $154.20 and its two-hundred day simple moving average is $162.07. Vistra Corp. has a 12-month low of $132.66 and a 12-month high of $219.82.

Vistra (NYSE:VST) last posted its quarterly earnings data on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $1.55. Vistra had a net margin of 11.52% and a return on equity of 105.64%. The company had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.22 billion. Research analysts forecast that Vistra Corp. will post 9.3 earnings per share for the current fiscal year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be paid a dividend of $0.229 per share. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, June 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is 15.24%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on VST shares. BMO Capital Markets reiterated an “outperform” rating and set a $241.00 price objective on shares of Vistra in a research report on Monday, March 2nd. Wells Fargo & Company reduced their price objective on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a research report on Friday, February 27th. TD Cowen reduced their price objective on shares of Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Raymond James Financial set a $208.00 price objective on shares of Vistra in a research report on Monday, April 27th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $190.00 price objective on shares of Vistra in a research report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $233.33.

Institutional Investors Weigh In On Vistra

Large investors have recently bought and sold shares of the business. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in Vistra in the fourth quarter worth $25,000. Archer Investment Corp boosted its stake in Vistra by 2,700.0% during the third quarter. Archer Investment Corp now owns 140 shares of the company’s stock worth $27,000 after buying an additional 135 shares during the period. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in Vistra during the third quarter worth $28,000. Mcguire Capital Advisors Inc. purchased a new position in Vistra during the fourth quarter worth $28,000. Finally, Kemnay Advisory Services Inc. purchased a new position in Vistra during the fourth quarter worth $30,000. Institutional investors own 90.88% of the company’s stock.

About Vistra

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.