Public Employees Retirement System of Ohio increased its holdings in Vistra Corp. (NYSE:VST – Free Report) by 3.1% in the 1st quarter, Holdings Channel reports. The fund owned 163,721 shares of the company’s stock after buying an additional 4,912 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Vistra were worth $24,612,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Equitable Holdings Inc. boosted its stake in Vistra by 0.9% during the third quarter. Equitable Holdings Inc. now owns 7,045 shares of the company’s stock worth $1,380,000 after acquiring an additional 61 shares in the last quarter. SOA Wealth Advisors LLC. increased its stake in shares of Vistra by 21.7% during the fourth quarter. SOA Wealth Advisors LLC. now owns 365 shares of the company’s stock valued at $59,000 after purchasing an additional 65 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Vistra by 3.8% during the fourth quarter. UMB Bank n.a. now owns 1,770 shares of the company’s stock valued at $286,000 after purchasing an additional 65 shares during the last quarter. Rothschild Investment LLC lifted its holdings in shares of Vistra by 2.9% during the fourth quarter. Rothschild Investment LLC now owns 2,409 shares of the company’s stock valued at $389,000 after purchasing an additional 68 shares during the last quarter. Finally, Outlook Wealth Advisors LLC boosted its position in shares of Vistra by 4.9% in the 1st quarter. Outlook Wealth Advisors LLC now owns 1,511 shares of the company’s stock worth $227,000 after purchasing an additional 70 shares in the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.
Vistra Trading Down 3.5%
NYSE:VST opened at $163.15 on Friday. The company’s 50 day moving average price is $156.05 and its 200-day moving average price is $158.47. Vistra Corp. has a 52 week low of $132.66 and a 52 week high of $219.82. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51. The stock has a market cap of $55.01 billion, a price-to-earnings ratio of 27.33 and a beta of 1.40.
Vistra Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd were issued a $0.229 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, June 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio is 15.41%.
Analysts Set New Price Targets
Several analysts recently weighed in on VST shares. Weiss Ratings downgraded Vistra from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, July 16th. Jefferies Financial Group reiterated a “buy” rating and set a $190.00 price objective on shares of Vistra in a research note on Thursday, May 21st. Seaport Research Partners reissued a “buy” rating and issued a $230.00 target price on shares of Vistra in a report on Monday, June 15th. TD Cowen cut their target price on Vistra from $253.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Finally, JPMorgan Chase & Co. reduced their price target on Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $230.62.
View Our Latest Stock Report on VST
Insiders Place Their Bets
In other news, CAO Margaret Montemayor sold 4,600 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $160.00, for a total transaction of $736,000.00. Following the transaction, the chief accounting officer directly owned 9,760 shares of the company’s stock, valued at $1,561,600. This represents a 32.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Paul M. Barbas sold 244 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $153.00, for a total value of $37,332.00. Following the sale, the director directly owned 53,006 shares in the company, valued at $8,109,918. This trade represents a 0.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 41,588 shares of company stock worth $6,739,227 in the last 90 days. 0.92% of the stock is currently owned by company insiders.
About Vistra
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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