Banque Cantonale Vaudoise raised its stake in shares of Vistra Corp. (NYSE:VST – Free Report) by 1,111.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,160 shares of the company’s stock after purchasing an additional 4,734 shares during the period. Banque Cantonale Vaudoise’s holdings in Vistra were worth $776,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Vistra by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 41,588,784 shares of the company’s stock worth $6,709,519,000 after purchasing an additional 390,157 shares during the last quarter. State Street Corp boosted its stake in Vistra by 2.7% during the fourth quarter. State Street Corp now owns 16,474,869 shares of the company’s stock valued at $2,657,891,000 after buying an additional 432,028 shares during the last quarter. Geode Capital Management LLC boosted its stake in Vistra by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 8,965,648 shares of the company’s stock valued at $1,441,112,000 after buying an additional 97,424 shares during the last quarter. Norges Bank purchased a new position in Vistra during the 4th quarter valued at approximately $746,729,000. Finally, Invesco Ltd. grew its holdings in Vistra by 0.8% during the 3rd quarter. Invesco Ltd. now owns 4,572,642 shares of the company’s stock valued at $895,872,000 after buying an additional 35,258 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.
Insider Activity
In other news, Director John R. Sult sold 6,500 shares of the 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 sale, the director owned 70,714 shares of the company’s stock, valued at approximately $12,021,380. This represents a 8.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Scott B. Helm sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $160.00, for a total transaction of $4,000,000.00. Following the completion of the sale, the director owned 232,200 shares of the company’s stock, valued at $37,152,000. This trade represents a 9.72% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 41,588 shares of company stock worth $6,739,227. 0.92% of the stock is currently owned by insiders.
Analyst Ratings Changes
View Our Latest Stock Report on VST
Vistra Price Performance
NYSE:VST opened at $163.69 on Friday. The firm has a market capitalization of $55.19 billion, a price-to-earnings ratio of 27.42 and a beta of 1.40. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79. The business has a 50 day simple moving average of $154.82 and a 200-day simple moving average of $159.37. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82.
Vistra (NYSE:VST – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, beating 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 for the quarter, compared to the consensus estimate of $5.22 billion. Equities analysts forecast that Vistra Corp. will post 9.52 EPS for the current 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 paid a dividend of $0.229 per share. The ex-dividend date of this dividend is Monday, June 22nd. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 annualized dividend and a yield of 0.6%. Vistra’s payout ratio is presently 15.41%.
Vistra Company Profile
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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