Vistra Corp. (NYSE:VST) Shares Purchased by Cwm LLC

Cwm LLC boosted its stake in Vistra Corp. (NYSE:VST) by 58.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,046 shares of the company’s stock after buying an additional 1,498 shares during the period. Cwm LLC’s holdings in Vistra were worth $156,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in VST. Commonwealth Equity Services LLC increased its position in Vistra by 33.6% in the third quarter. Commonwealth Equity Services LLC now owns 27,240 shares of the company’s stock worth $904,000 after buying an additional 6,849 shares during the period. Robeco Institutional Asset Management B.V. increased its holdings in shares of Vistra by 45.8% during the third quarter. Robeco Institutional Asset Management B.V. now owns 70,717 shares of the company’s stock valued at $2,346,000 after purchasing an additional 22,217 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Vistra by 12.1% during the third quarter. Bank of New York Mellon Corp now owns 5,551,117 shares of the company’s stock valued at $184,186,000 after purchasing an additional 597,875 shares during the period. New York State Teachers Retirement System increased its holdings in shares of Vistra by 767.4% during the third quarter. New York State Teachers Retirement System now owns 305,193 shares of the company’s stock valued at $10,126,000 after purchasing an additional 270,008 shares during the period. Finally, Strs Ohio increased its holdings in shares of Vistra by 11.5% during the third quarter. Strs Ohio now owns 74,720 shares of the company’s stock valued at $2,479,000 after purchasing an additional 7,726 shares during the period. 90.88% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Vistra Trading Up 2.0 %

Shares of VST stock opened at $81.49 on Monday. The stock has a 50-day simple moving average of $66.79 and a 200 day simple moving average of $48.28. Vistra Corp. has a fifty-two week low of $22.69 and a fifty-two week high of $83.03. The stock has a market capitalization of $28.35 billion, a P/E ratio of 22.76 and a beta of 1.02. The company has a quick ratio of 1.11, a current ratio of 1.18 and a debt-to-equity ratio of 4.26.

Vistra (NYSE:VST) last released its quarterly earnings results on Wednesday, February 28th. The company reported ($0.48) earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($1.02). Vistra had a net margin of 10.10% and a return on equity of 20.05%. The company had revenue of $3.08 billion during the quarter, compared to analyst estimates of $5.48 billion. On average, sell-side analysts expect that Vistra Corp. will post 3.61 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Wednesday, June 19th will be given a $0.218 dividend. This is a positive change from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Tuesday, June 18th. This represents a $0.87 dividend on an annualized basis and a dividend yield of 1.07%. Vistra’s dividend payout ratio (DPR) is 24.02%.

Insider Activity at Vistra

In related news, EVP Carrie Lee Kirby sold 72,748 shares of the stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $62.63, for a total value of $4,556,207.24. Following the completion of the transaction, the executive vice president now owns 184,201 shares in the company, valued at approximately $11,536,508.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Stephanie Zapata Moore sold 98,020 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $9,470,448. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Carrie Lee Kirby sold 72,748 shares of the stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $62.63, for a total value of $4,556,207.24. Following the completion of the sale, the executive vice president now directly owns 184,201 shares of the company’s stock, valued at $11,536,508.63. The disclosure for this sale can be found here. Insiders sold 257,285 shares of company stock worth $15,404,397 in the last quarter. 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.