Vistra (NYSE:VST) EVP Stephanie Zapata Moore Sells 8,219 Shares

Vistra Corp. (NYSE:VST) EVP Stephanie Zapata Moore sold 8,219 shares of Vistra stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $173.35, for a total transaction of $1,424,763.65. Following the completion of the transaction, the executive vice president directly owned 79,854 shares in the company, valued at approximately $13,842,690.90. This represents a 9.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Vistra Stock Performance

Shares of NYSE VST traded up $6.30 during trading hours on Wednesday, hitting $177.14. 2,936,952 shares of the stock were exchanged, compared to its average volume of 6,344,718. The firm has a market capitalization of $60.02 billion, a P/E ratio of 63.95, a P/E/G ratio of 2.19 and a beta of 1.30. The company has a debt-to-equity ratio of 5.74, a current ratio of 0.99 and a quick ratio of 0.88. Vistra Corp. has a one year low of $90.51 and a one year high of $219.82. The company’s 50 day moving average is $193.84 and its 200 day moving average is $188.71.

Vistra (NYSE:VST) last issued its quarterly earnings results on Friday, November 7th. The company reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.03). The business had revenue of $4.97 billion during the quarter, compared to analyst estimates of $6.60 billion. Vistra had a net margin of 6.70% and a return on equity of 64.04%. On average, research analysts expect that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be given a $0.227 dividend. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, December 22nd. Vistra’s dividend payout ratio (DPR) is currently 32.49%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on VST. Wall Street Zen downgraded shares of Vistra from a “hold” rating to a “sell” rating in a research note on Friday, September 5th. Melius Research raised shares of Vistra to a “strong-buy” rating in a research report on Wednesday, August 20th. Cowen assumed coverage on Vistra in a report on Wednesday, October 15th. They set a “buy” rating on the stock. KeyCorp began coverage on shares of Vistra in a research report on Monday. They set an “overweight” rating and a $217.00 target price on the stock. Finally, Melius assumed coverage on shares of Vistra in a report on Wednesday, August 20th. They set a “buy” rating and a $295.00 price target for the company. Four research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Vistra presently has a consensus rating of “Buy” and an average price target of $233.20.

Institutional Trading of Vistra

Several institutional investors and hedge funds have recently made changes to their positions in VST. Avantax Advisory Services Inc. lifted its holdings in Vistra by 1.3% during the first quarter. Avantax Advisory Services Inc. now owns 17,238 shares of the company’s stock worth $2,024,000 after acquiring an additional 229 shares in the last quarter. HB Wealth Management LLC raised its holdings in Vistra by 56.7% during the 1st quarter. HB Wealth Management LLC now owns 8,147 shares of the company’s stock worth $957,000 after buying an additional 2,949 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Vistra by 0.9% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 72,299 shares of the company’s stock valued at $8,491,000 after buying an additional 634 shares in the last quarter. Mackenzie Financial Corp boosted its holdings in shares of Vistra by 78.4% in the first quarter. Mackenzie Financial Corp now owns 52,614 shares of the company’s stock valued at $6,179,000 after buying an additional 23,118 shares during the period. Finally, Foundations Investment Advisors LLC lifted its position in Vistra by 52.6% in the 1st quarter. Foundations Investment Advisors LLC now owns 2,698 shares of the company’s stock valued at $317,000 after acquiring an additional 930 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

About Vistra

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.