Vistra Corp. $VST Shares Sold by Milestone Asset Management LLC

Milestone Asset Management LLC lessened its position in shares of Vistra Corp. (NYSE:VST) by 14.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,903 shares of the company’s stock after selling 4,192 shares during the period. Milestone Asset Management LLC’s holdings in Vistra were worth $3,856,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Salomon & Ludwin LLC bought a new stake in Vistra during the third quarter valued at $25,000. Quent Capital LLC bought a new position in shares of Vistra in the 3rd quarter worth about $25,000. Archer Investment Corp boosted its holdings in shares of Vistra by 2,700.0% in the 3rd quarter. Archer Investment Corp now owns 140 shares of the company’s stock valued at $27,000 after buying an additional 135 shares during the period. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in shares of Vistra in the 3rd quarter valued at about $28,000. Finally, Orion Capital Management LLC bought a new stake in shares of Vistra during the 3rd quarter valued at about $29,000. 90.88% of the stock is currently owned by institutional investors.

Insider Activity

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of Vistra stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the sale, the executive vice president directly owned 114,409 shares in the company, valued at $18,340,906.79. The trade was a 8.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.92% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on VST shares. Scotiabank increased their price objective on shares of Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Bank of America lowered their target price on Vistra from $231.00 to $218.00 and set a “buy” rating for the company in a report on Monday, January 12th. BMO Capital Markets reiterated an “outperform” rating and set a $241.00 price target on shares of Vistra in a research report on Monday, March 2nd. JPMorgan Chase & Co. raised their price target on Vistra from $239.00 to $240.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. Finally, The Goldman Sachs Group upgraded Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective for the company in a research report on Friday, February 6th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Vistra presently has an average rating of “Buy” and an average price target of $236.40.

Vistra Price Performance

Shares of NYSE:VST opened at $155.67 on Thursday. The firm’s 50 day moving average is $161.23 and its two-hundred day moving average is $169.73. The firm has a market capitalization of $52.70 billion, a P/E ratio of 71.74, a PEG ratio of 0.94 and a beta of 1.49. The company has a current ratio of 0.78, a quick ratio of 0.69 and a debt-to-equity ratio of 6.01. Vistra Corp. has a 52 week low of $118.33 and a 52 week high of $219.82.

Vistra (NYSE:VST) last issued its quarterly earnings data on Thursday, February 26th. The company reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.45 by ($0.27). Vistra had a return on equity of 81.09% and a net margin of 5.32%.The business had revenue of $4.58 billion for the quarter, compared to analyst estimates of $5.75 billion. Analysts anticipate that Vistra Corp. will post 8.72 earnings per share for the current year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th were paid a $0.228 dividend. The ex-dividend date of this dividend was Friday, March 20th. 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 0.6%. Vistra’s dividend payout ratio (DPR) is currently 41.94%.

Vistra Profile

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.