Vistra Sees Unusually High Options Volume (NYSE:VST)

Vistra Corp. (NYSE:VSTGet Free Report) was the recipient of unusually large options trading on Wednesday. Investors bought 55,876 call options on the company. This represents an increase of approximately 129% compared to the average volume of 24,434 call options.

Insider Buying and Selling

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of Vistra stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the transaction, the executive vice president owned 114,409 shares in the company, valued at approximately $18,340,906.79. This trade represents a 8.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.92% of the company’s stock.

Institutional Trading of Vistra

A number of institutional investors have recently bought and sold shares of the business. Bridgewater Advisors Inc. lifted its holdings in Vistra by 3.1% during the 3rd quarter. Bridgewater Advisors Inc. now owns 1,787 shares of the company’s stock worth $350,000 after buying an additional 53 shares during the last quarter. Y.D. More Investments Ltd lifted its holdings in Vistra by 7.1% during the 3rd quarter. Y.D. More Investments Ltd now owns 916 shares of the company’s stock worth $168,000 after buying an additional 61 shares during the last quarter. Equitable Holdings Inc. lifted its holdings in Vistra by 0.9% during the 3rd quarter. Equitable Holdings Inc. now owns 7,045 shares of the company’s stock worth $1,380,000 after buying an additional 61 shares during the last quarter. Ballentine Partners LLC lifted its holdings in Vistra by 2.0% during the 3rd quarter. Ballentine Partners LLC now owns 3,275 shares of the company’s stock worth $642,000 after buying an additional 63 shares during the last quarter. Finally, Wealth Effects LLC lifted its holdings in Vistra by 1.1% during the 3rd quarter. Wealth Effects LLC now owns 5,782 shares of the company’s stock worth $1,133,000 after buying an additional 65 shares during the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Trading Down 2.9%

VST opened at $142.56 on Thursday. Vistra has a 12 month low of $138.53 and a 12 month high of $219.82. The stock has a market capitalization of $48.07 billion, a price-to-earnings ratio of 23.88, a PEG ratio of 0.85 and a beta of 1.43. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.69. The business has a fifty day moving average price of $157.20 and a 200 day moving average price of $165.39.

Vistra (NYSE:VSTGet Free Report) last released its earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, topping the consensus estimate of $1.32 by $1.55. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The firm had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.22 billion. Sell-side analysts expect that Vistra will post 9.16 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be issued a dividend of $0.229 per share. This is a positive change from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. Vistra’s dividend payout ratio (DPR) is presently 15.24%.

More Vistra News

Here are the key news stories impacting Vistra this week:

Wall Street Analyst Weigh In

VST has been the topic of a number of analyst reports. Raymond James Financial set a $208.00 price objective on Vistra in a research report on Monday, April 27th. JPMorgan Chase & Co. reduced their target price on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Jefferies Financial Group upgraded Vistra from a “hold” rating to a “buy” rating and lifted their target price for the company from $191.00 to $203.00 in a research report on Tuesday, February 10th. The Goldman Sachs Group upgraded Vistra from a “neutral” rating to a “buy” rating and set a $205.00 target price on the stock in a research report on Friday, February 6th. Finally, Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $233.93.

Get Our Latest Report on Vistra

Vistra Company Profile

(Get Free Report)

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.

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