Vistra Corp. $VST Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC decreased its holdings in Vistra Corp. (NYSE:VST) by 1.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 47,048 shares of the company’s stock after selling 906 shares during the quarter. Yousif Capital Management LLC’s holdings in Vistra were worth $9,118,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Banque Transatlantique SA grew its position in Vistra by 132.0% during the 1st quarter. Banque Transatlantique SA now owns 232 shares of the company’s stock worth $25,000 after purchasing an additional 132 shares in the last quarter. HM Payson & Co. increased its stake in shares of Vistra by 275.4% in the first quarter. HM Payson & Co. now owns 229 shares of the company’s stock worth $27,000 after acquiring an additional 168 shares during the last quarter. Keener Financial Planning LLC acquired a new position in shares of Vistra in the first quarter worth $34,000. WPG Advisers LLC acquired a new position in shares of Vistra in the first quarter worth $37,000. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Vistra in the first quarter worth $39,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Analyst Ratings Changes

VST has been the subject of a number of recent research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Vistra in a report on Wednesday, October 8th. Melius initiated coverage on shares of Vistra in a report on Wednesday, August 20th. They issued a “buy” rating and a $295.00 price objective for the company. BMO Capital Markets upped their price objective on shares of Vistra from $229.00 to $236.00 and gave the stock an “outperform” rating in a report on Friday, October 3rd. Morgan Stanley upped their price objective on shares of Vistra from $207.00 to $223.00 and gave the stock an “overweight” rating in a report on Thursday, September 25th. Finally, Scotiabank initiated coverage on shares of Vistra in a report on Monday, September 22nd. They issued a “sector outperform” rating and a $256.00 price objective for the company. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $227.58.

Vistra Trading Up 6.3%

Vistra stock opened at $209.22 on Tuesday. The business has a 50 day moving average price of $200.38 and a two-hundred day moving average price of $173.85. The company has a quick ratio of 0.80, a current ratio of 0.90 and a debt-to-equity ratio of 6.58. Vistra Corp. has a 12 month low of $90.51 and a 12 month high of $219.82. The stock has a market cap of $70.89 billion, a price-to-earnings ratio of 33.37, a price-to-earnings-growth ratio of 2.92 and a beta of 1.33.

Vistra (NYSE:VST) last released its quarterly earnings data 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). The firm had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $5.15 billion. Vistra had a net margin of 12.90% and a return on equity of 108.41%. As a group, equities analysts forecast that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 19th were issued a $0.226 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Friday, September 19th. This represents a $0.90 annualized dividend and a yield of 0.4%. Vistra’s payout ratio is presently 14.35%.

Insider Activity

In other news, CEO James A. Burke sold 43,074 shares of Vistra stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $208.75, for a total transaction of $8,991,697.50. Following the sale, the chief executive officer directly owned 217,025 shares in the company, valued at approximately $45,303,968.75. The trade was a 16.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last ninety days, insiders have sold 463,350 shares of company stock valued at $95,374,138. Corporate insiders own 1.42% of the company’s stock.

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.