Allspring Global Investments Holdings LLC Has $810,000 Stock Holdings in Vistra Corp. (NYSE:VST)

Allspring Global Investments Holdings LLC lessened its position in Vistra Corp. (NYSE:VST) by 9.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,021 shares of the company’s stock after selling 2,266 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Vistra were worth $810,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of VST. FinTrust Capital Advisors LLC acquired a new stake in Vistra in the 3rd quarter valued at approximately $26,000. Blue Trust Inc. increased its position 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 purchasing an additional 442 shares during the last quarter. Fifth Third Bancorp acquired a new position in shares of Vistra during the 3rd quarter worth approximately $29,000. Rise Advisors LLC acquired a new position in shares of Vistra during the 4th quarter worth approximately $35,000. Finally, NBC Securities Inc. acquired a new position in shares of Vistra during the 3rd quarter worth approximately $64,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Wall Street Analyst Weigh In

VST has been the topic of several recent analyst reports. Janney Montgomery Scott initiated coverage on Vistra in a research report on Thursday, April 18th. They set a “buy” rating and a $82.00 price target on the stock. Evercore ISI boosted their price target on Vistra from $72.00 to $79.00 and gave the stock an “outperform” rating in a research report on Thursday, April 4th. BMO Capital Markets boosted their price target on Vistra from $52.00 to $60.00 and gave the stock an “outperform” rating in a research report on Monday, March 4th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $78.00 price target on shares of Vistra in a research report on Monday, March 25th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $67.20.

Vistra Stock Performance

Shares of NYSE VST opened at $70.46 on Thursday. 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. The stock has a 50 day moving average of $62.02 and a 200-day moving average of $45.81. The company has a market capitalization of $24.51 billion, a P/E ratio of 19.68 and a beta of 1.05.

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

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Wednesday, March 20th were paid a $0.215 dividend. The ex-dividend date of this dividend was Tuesday, March 19th. This is an increase from Vistra’s previous quarterly dividend of $0.21. This represents a $0.86 annualized dividend and a yield of 1.22%. Vistra’s payout ratio is 24.02%.

Insider Activity at Vistra

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

Vistra 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.