Vistra Corp. $VST Stock Holdings Lifted by Intech Investment Management LLC

Intech Investment Management LLC raised its stake in Vistra Corp. (NYSE:VST) by 34.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 188,921 shares of the company’s stock after buying an additional 48,378 shares during the period. Intech Investment Management LLC’s holdings in Vistra were worth $30,479,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Investment Partners LTD. increased its holdings in shares of Vistra by 5.1% in the fourth quarter. Investment Partners LTD. now owns 2,686 shares of the company’s stock valued at $433,000 after buying an additional 131 shares in the last quarter. Foundations Investment Advisors LLC increased its holdings in shares of Vistra by 33.4% in the fourth quarter. Foundations Investment Advisors LLC now owns 8,410 shares of the company’s stock valued at $1,357,000 after buying an additional 2,107 shares in the last quarter. Thoroughbred Financial Services LLC increased its holdings in shares of Vistra by 1.4% in the fourth quarter. Thoroughbred Financial Services LLC now owns 9,198 shares of the company’s stock valued at $1,483,000 after buying an additional 123 shares in the last quarter. Huntington National Bank increased its holdings in shares of Vistra by 2.6% in the fourth quarter. Huntington National Bank now owns 5,396 shares of the company’s stock valued at $871,000 after buying an additional 137 shares in the last quarter. Finally, Severin Investments LLC increased its holdings in shares of Vistra by 85.8% in the fourth quarter. Severin Investments LLC now owns 4,247 shares of the company’s stock valued at $685,000 after buying an additional 1,961 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Vistra Price Performance

Shares of NYSE:VST opened at $160.43 on Friday. The company’s fifty day moving average is $154.40 and its two-hundred day moving average is $162.09. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51. Vistra Corp. has a 12-month low of $132.66 and a 12-month high of $219.82. The company has a market cap of $54.09 billion, a P/E ratio of 26.87 and a beta of 1.43.

Vistra (NYSE:VST) last announced its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate 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. Equities analysts expect that Vistra Corp. will post 9.3 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be issued a dividend of $0.229 per share. The ex-dividend date is Monday, June 22nd. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. This is an increase from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is presently 15.24%.

Insider Activity at Vistra

In other news, EVP Stephanie Zapata Moore sold 10,000 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the transaction, the executive vice president directly owned 114,409 shares in the company, valued at $18,340,906.79. The trade was a 8.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.92% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on VST shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a $190.00 price target on shares of Vistra in a report on Thursday, May 21st. Raymond James Financial set a $208.00 target price on shares of Vistra in a research note on Monday, April 27th. JPMorgan Chase & Co. cut their target price on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Morgan Stanley reissued an “overweight” rating and set a $212.00 target price on shares of Vistra in a research note on Thursday, May 21st. Finally, The Goldman Sachs Group raised shares of Vistra from a “neutral” rating to a “buy” rating and set a $205.00 target price on the stock in a research note on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $233.33.

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.