Paul Barbas Sells 244 Shares of Vistra (NYSE:VST) Stock

Vistra Corp. (NYSE:VSTGet Free Report) Director Paul Barbas sold 244 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $153.00, for a total value of $37,332.00. Following the completion of the sale, the director directly owned 53,006 shares of the company’s stock, valued at $8,109,918. The trade was a 0.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vistra Stock Performance

Shares of VST opened at $158.57 on Thursday. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79. Vistra Corp. has a one year low of $132.66 and a one year high of $219.82. The company has a 50-day simple moving average of $153.85 and a two-hundred day simple moving average of $159.72. The firm has a market capitalization of $53.47 billion, a PE ratio of 26.56 and a beta of 1.40.

Vistra (NYSE:VSTGet Free Report) last issued its quarterly earnings data 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 net margin of 11.52% and a return on equity of 105.64%. The business had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.22 billion. On average, analysts anticipate that Vistra Corp. will post 9.31 EPS for the current fiscal year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be given a dividend of $0.229 per share. This is an increase from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Monday, June 22nd. Vistra’s payout ratio is 15.24%.

Analyst Upgrades and Downgrades

VST has been the subject of several recent research reports. TD Cowen lowered their price objective on Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research report on Monday, May 4th. Morgan Stanley reiterated an “overweight” rating and set a $212.00 target price on shares of Vistra in a report on Thursday, May 21st. Sanford C. Bernstein set a $187.00 target price on shares of Vistra and gave the company an “outperform” rating in a report on Tuesday. BMO Capital Markets reiterated an “outperform” rating and set a $241.00 target price on shares of Vistra in a report on Monday, March 2nd. Finally, Seaport Research Partners reiterated a “buy” rating and set a $230.00 target price on shares of Vistra in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $230.44.

Check Out Our Latest Stock Analysis on Vistra

Hedge Funds Weigh In On Vistra

Hedge funds have recently bought and sold shares of the business. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in Vistra in the 4th quarter worth about $25,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in Vistra in the 3rd quarter worth about $28,000. Mcguire Capital Advisors Inc. purchased a new stake in Vistra during the 4th quarter valued at $28,000. Kemnay Advisory Services Inc. purchased a new stake in Vistra during the 4th quarter valued at $30,000. Finally, Strive Financial Group LLC purchased a new stake in Vistra during the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

About Vistra

(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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