Vistra Corp. $VST Shares Purchased by Temasek Holdings Private Ltd

Temasek Holdings Private Ltd boosted its position in Vistra Corp. (NYSE:VST) by 807.7% in the 1st quarter, HoldingsChannel reports. The firm owned 128,027 shares of the company’s stock after purchasing an additional 113,923 shares during the period. Temasek Holdings Private Ltd’s holdings in Vistra were worth $15,035,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. HM Payson & Co. raised its stake in Vistra by 275.4% in the 1st quarter. HM Payson & Co. now owns 229 shares of the company’s stock valued at $27,000 after purchasing an additional 168 shares during the last quarter. Ameriflex Group Inc. acquired a new position in Vistra in the 4th quarter valued at about $32,000. Banque Transatlantique SA raised its stake in Vistra by 132.0% in the 1st quarter. Banque Transatlantique SA now owns 232 shares of the company’s stock valued at $25,000 after purchasing an additional 132 shares during the last quarter. Keener Financial Planning LLC acquired a new position in Vistra in the 1st quarter valued at about $34,000. Finally, WPG Advisers LLC acquired a new position in Vistra in the 1st quarter valued at about $37,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Stock Down 1.1%

VST opened at $187.73 on Friday. The company has a debt-to-equity ratio of 6.58, a current ratio of 0.90 and a quick ratio of 0.80. Vistra Corp. has a 12 month low of $72.90 and a 12 month high of $216.85. The stock has a market capitalization of $63.61 billion, a price-to-earnings ratio of 29.94, a price-to-earnings-growth ratio of 2.94 and a beta of 1.33. The business has a 50-day moving average of $195.43 and a two-hundred day moving average of $159.84.

Vistra (NYSE:VST) last issued its earnings results on Thursday, August 7th. The company reported $1.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.62). Vistra had a return on equity of 108.41% and a net margin of 12.90%.The firm had revenue of $4.25 billion for the quarter, compared to analysts’ expectations of $5.15 billion. On average, research analysts expect that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 19th will be issued a dividend of $0.226 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Friday, September 19th. This is an increase from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is presently 14.35%.

Analyst Ratings Changes

Several brokerages recently weighed in on VST. The Goldman Sachs Group boosted their target price on shares of Vistra from $179.00 to $203.00 and gave the company a “neutral” rating in a research note on Wednesday, August 13th. Jefferies Financial Group lifted their price target on Vistra from $145.00 to $241.00 and gave the company a “buy” rating in a report on Friday, August 8th. Melius Research upgraded Vistra to a “strong-buy” rating in a report on Wednesday, August 20th. Wall Street Zen cut Vistra from a “hold” rating to a “sell” rating in a report on Friday. Finally, BMO Capital Markets lifted their price target on Vistra from $191.00 to $229.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Vistra has a consensus rating of “Moderate Buy” and an average price target of $201.43.

Vistra Company Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.