Natixis Advisors LLC Sells 16,795 Shares of Vistra Corp. $VST

Natixis Advisors LLC decreased its position in shares of Vistra Corp. (NYSE:VST) by 15.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 93,377 shares of the company’s stock after selling 16,795 shares during the quarter. Natixis Advisors LLC’s holdings in Vistra were worth $15,065,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Reaves W H & Co. Inc. grew its position in shares of Vistra by 14.5% during the 4th quarter. Reaves W H & Co. Inc. now owns 2,197,292 shares of the company’s stock worth $354,489,000 after buying an additional 278,763 shares in the last quarter. Florida Financial Advisors LLC grew its position in shares of Vistra by 24.6% during the 4th quarter. Florida Financial Advisors LLC now owns 9,681 shares of the company’s stock worth $1,561,000 after buying an additional 1,914 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its stake in shares of Vistra by 4.9% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 3,006 shares of the company’s stock worth $485,000 after purchasing an additional 140 shares during the last quarter. Rockline Wealth Management LLC lifted its stake in shares of Vistra by 9.8% during the 4th quarter. Rockline Wealth Management LLC now owns 13,294 shares of the company’s stock worth $2,145,000 after purchasing an additional 1,183 shares during the last quarter. Finally, Consolidated Capital Management LLC purchased a new stake in shares of Vistra during the 4th quarter worth $3,792,000. Institutional investors own 90.88% of the company’s stock.

Insider Activity

In other news, EVP Stephanie Zapata Moore sold 10,000 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $160.31, for a total value of $1,603,100.00. Following the completion of the transaction, the executive vice president directly owned 114,409 shares in the company, valued at $18,340,906.79. This trade represents a 8.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Margaret Montemayor sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total value of $824,800.00. Following the completion of the transaction, the chief accounting officer owned 14,360 shares of the company’s stock, valued at approximately $2,368,825.60. The trade was a 25.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 19,600 shares of company stock valued at $3,163,900. Company insiders own 0.92% of the company’s stock.

Analyst Upgrades and Downgrades

VST has been the subject of a number of analyst reports. Morgan Stanley restated an “overweight” rating and set a $212.00 price objective on shares of Vistra in a research note on Thursday, May 21st. TD Cowen decreased their price objective on Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, May 4th. JPMorgan Chase & Co. decreased their price objective on Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. BMO Capital Markets restated an “outperform” rating and set a $241.00 price objective on shares of Vistra in a research note on Monday, March 2nd. Finally, Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $233.33.

Vistra Trading Down 3.2%

Vistra stock opened at $148.72 on Friday. The stock has a 50-day moving average of $154.21 and a two-hundred day moving average of $161.22. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.79 and a current ratio of 0.90. Vistra Corp. has a one year low of $132.66 and a one year high of $219.82. The stock has a market cap of $50.15 billion, a PE ratio of 24.91 and a beta of 1.40.

Vistra (NYSE:VST) last released its quarterly earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $1.55. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The company had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.22 billion. On average, research analysts anticipate that Vistra Corp. will post 9.3 EPS for the current fiscal year.

Vistra Increases Dividend

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

Vistra 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.