Rokos Capital Management LLP Has $44.70 Million Position in Vistra Corp. $VST

Rokos Capital Management LLP cut its stake in shares of Vistra Corp. (NYSE:VSTFree Report) by 32.7% during the 1st quarter, Holdings Channel reports. The fund owned 297,398 shares of the company’s stock after selling 144,546 shares during the period. Rokos Capital Management LLP’s holdings in Vistra were worth $44,705,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of VST. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in Vistra in the fourth quarter valued at $25,000. Mcguire Capital Advisors Inc. bought a new position in shares of Vistra during the 4th quarter worth about $28,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Vistra in the 4th quarter valued at about $30,000. Strive Financial Group LLC bought a new stake in Vistra in the 4th quarter valued at about $33,000. Finally, Salomon & Ludwin LLC increased its position in Vistra by 74.8% in the 4th quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock valued at $35,000 after buying an additional 92 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Paul M. Barbas sold 244 shares of the 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 approximately $8,109,918. This represents a 0.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John R. Sult sold 6,500 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $170.00, for a total value of $1,105,000.00. Following the transaction, the director owned 70,714 shares in the company, valued at approximately $12,021,380. This trade represents a 8.42% 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. Over the last quarter, insiders sold 41,588 shares of company stock valued at $6,739,227. 0.92% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research 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. Zacks Research upgraded Vistra from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. JPMorgan Chase & Co. lowered 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. Scotiabank increased their target price on Vistra from $293.00 to $298.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. Finally, Sanford C. Bernstein set a $187.00 price target on shares of Vistra and gave the company an “outperform” rating in a research report on Tuesday, June 16th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $230.12.

Check Out Our Latest Stock Analysis on Vistra

Vistra Price Performance

VST stock opened at $157.09 on Tuesday. The company has a market capitalization of $52.97 billion, a P/E ratio of 26.31 and a beta of 1.40. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.79 and a current ratio of 0.90. Vistra Corp. has a 52-week low of $132.66 and a 52-week high of $219.82. The business has a 50-day simple moving average of $156.46 and a two-hundred day simple moving average of $158.35.

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 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 the consensus estimate of $5.22 billion. Research analysts expect that Vistra Corp. will post 9.52 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were issued a dividend of $0.229 per share. This represents a $0.92 annualized dividend and a yield of 0.6%. This is an increase from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date was Monday, June 22nd. Vistra’s dividend payout ratio is currently 15.41%.

Vistra Company Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Vistra (NYSE:VST)

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