Xponance Inc. Sells 3,824 Shares of Vistra Corp. (NYSE:VST)

Xponance Inc. lowered its holdings in Vistra Corp. (NYSE:VST) by 6.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 54,038 shares of the company’s stock after selling 3,824 shares during the quarter. Xponance Inc.’s holdings in Vistra were worth $2,082,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. DekaBank Deutsche Girozentrale raised its stake in shares of Vistra by 2.3% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 17,214 shares of the company’s stock worth $662,000 after acquiring an additional 384 shares in the last quarter. Advisors Asset Management Inc. raised its stake in shares of Vistra by 3.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 11,090 shares of the company’s stock worth $368,000 after acquiring an additional 405 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Vistra by 160.7% during the 4th quarter. Blue Trust Inc. now owns 717 shares of the company’s stock worth $28,000 after acquiring an additional 442 shares in the last quarter. Fifth Third Bancorp raised its stake in shares of Vistra by 52.1% during the 4th quarter. Fifth Third Bancorp now owns 1,346 shares of the company’s stock worth $52,000 after acquiring an additional 461 shares in the last quarter. Finally, Knights of Columbus Asset Advisors LLC raised its stake in shares of Vistra by 0.3% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 188,873 shares of the company’s stock worth $6,267,000 after acquiring an additional 476 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Insider Activity

In other news, EVP Stephanie Zapata Moore sold 98,020 shares of the company’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $58.50, for a total value of $5,734,170.00. Following the sale, the executive vice president now directly owns 161,888 shares of the company’s stock, valued at approximately $9,470,448. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, EVP Scott A. Hudson sold 86,517 shares of the stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $59.11, for a total transaction of $5,114,019.87. Following the sale, the executive vice president now directly owns 254,932 shares of the company’s stock, valued at $15,069,030.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Stephanie Zapata Moore sold 98,020 shares of the stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total transaction of $5,734,170.00. Following the sale, the executive vice president now directly owns 161,888 shares in the company, valued at $9,470,448. The disclosure for this sale can be found here. Insiders have sold 257,285 shares of company stock valued at $15,404,397 in the last ninety days. Insiders own 1.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on VST shares. BMO Capital Markets boosted their price objective on shares of Vistra from $52.00 to $60.00 and gave the stock an “outperform” rating in a research note on Monday, March 4th. Janney Montgomery Scott assumed coverage on shares of Vistra in a research note on Thursday, April 18th. They set a “buy” rating and a $82.00 price target on the stock. Morgan Stanley restated an “overweight” rating and set a $78.00 price target on shares of Vistra in a research note on Monday, March 25th. Finally, Evercore ISI upped their price target on shares of Vistra from $72.00 to $79.00 and gave the company an “outperform” rating in a research note on Thursday, April 4th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, Vistra has a consensus rating of “Buy” and a consensus price target of $67.20.

Vistra Trading Up 1.6 %

Shares of Vistra stock opened at $66.70 on Tuesday. The firm’s 50 day simple moving average is $61.54 and its two-hundred day simple moving average is $45.55. The firm has a market capitalization of $23.20 billion, a price-to-earnings ratio of 18.63 and a beta of 1.05. The company has a current ratio of 1.18, a quick ratio of 1.11 and a debt-to-equity ratio of 4.26. Vistra Corp. has a 12-month low of $22.67 and a 12-month high of $75.89.

Vistra (NYSE:VST) last released its quarterly earnings data on Wednesday, February 28th. The company reported ($0.48) EPS for the quarter, missing the consensus estimate of $0.54 by ($1.02). The business had revenue of $3.08 billion during the quarter, compared to analysts’ expectations of $5.48 billion. Vistra had a net margin of 10.10% and a return on equity of 20.05%. Analysts predict that Vistra Corp. will post 3.61 EPS for the current year.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Wednesday, March 20th were issued a $0.215 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.21. This represents a $0.86 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend was Tuesday, March 19th. Vistra’s dividend payout ratio is 24.02%.

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.