Vistra Corp. $VST Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its position in Vistra Corp. (NYSE:VSTFree Report) by 14.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 449,148 shares of the company’s stock after acquiring an additional 57,852 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vistra were worth $71,248,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Equitable Holdings Inc. boosted its stake in shares of 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 acquiring an additional 61 shares in the last quarter. UMB Bank n.a. boosted its position in Vistra by 3.8% during the 4th quarter. UMB Bank n.a. now owns 1,770 shares of the company’s stock worth $286,000 after acquiring an additional 65 shares during the period. Rothschild Investment LLC boosted its position in Vistra by 2.9% during the 4th quarter. Rothschild Investment LLC now owns 2,409 shares of the company’s stock worth $389,000 after acquiring an additional 68 shares during the period. Outlook Wealth Advisors LLC grew its stake in Vistra by 4.9% during the 1st quarter. Outlook Wealth Advisors LLC now owns 1,511 shares of the company’s stock valued at $227,000 after acquiring an additional 70 shares in the last quarter. Finally, Principle Wealth Partners LLC grew its position in Vistra by 0.5% during the fourth quarter. Principle Wealth Partners LLC now owns 14,462 shares of the company’s stock valued at $2,333,000 after purchasing an additional 73 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors.

Vistra Stock Down 1.8%

NYSE VST opened at $136.43 on Friday. The stock’s 50 day moving average is $153.73 and its two-hundred day moving average is $155.83. Vistra Corp. has a 1-year low of $132.66 and a 1-year high of $219.82. The company has a market capitalization of $45.79 billion, a price-to-earnings ratio of 23.05 and a beta of 1.41. The company has a current ratio of 0.97, a quick ratio of 0.87 and a debt-to-equity ratio of 5.87.

Vistra (NYSE:VSTGet Free Report) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by ($0.85). Vistra had a net margin of 11.55% and a return on equity of 108.68%. The firm had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $5.46 billion. Equities analysts forecast that Vistra Corp. will post 9.23 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be paid a $0.23 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, September 21st. Vistra’s payout ratio is presently 15.54%.

Analysts Set New Price Targets

Several brokerages have weighed in on VST. Sanford C. Bernstein set a $187.00 target price on Vistra and gave the stock an “outperform” rating in a research report on Tuesday, June 16th. Jefferies Financial Group reissued a “buy” rating and set a $190.00 target price on shares of Vistra in a research report on Thursday, May 21st. Scotiabank upped their price target on shares of Vistra from $293.00 to $298.00 and gave the company an “outperform” rating in a report on Wednesday, July 15th. BNP Paribas Exane set a $255.00 price target on Vistra in a research report on Wednesday. Finally, TD Cowen reduced their price objective on Vistra from $222.00 to $221.00 and set a “buy” rating for the company in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $226.94.

View Our Latest Stock Report on Vistra

Insider Transactions at Vistra

In other Vistra news, Director Paul M. Barbas sold 244 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $153.00, for a total transaction 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. The trade was a 0.46% decrease in their position. The sale was disclosed in a document filed 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, CAO Margaret Montemayor sold 5,000 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $164.96, for a total transaction of $824,800.00. Following the transaction, the chief accounting officer owned 14,360 shares in the company, valued at approximately $2,368,825.60. The trade was a 25.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 41,588 shares of company stock worth $6,739,227 in the last quarter. 0.92% of the stock is owned by corporate insiders.

About Vistra

(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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Institutional Ownership by Quarter for Vistra (NYSE:VST)

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