Key Points
- Vistra CEO James Burke bought 4,465 shares at an average price of $135.25, investing $603,891.25 and increasing his ownership to 1.15 million shares valued at approximately $155 million.
- Vistra’s latest quarterly results fell short of expectations, with EPS of $0.76 versus the $1.61 consensus and revenue of $4.02 billion versus $5.46 billion expected.
- Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and an average price target of $223.53, while institutional investors own 90.88% of the stock.
Vistra Corp. (NYSE:VST - Get Free Report) CEO James Burke bought 2,200 shares of the firm's stock in a transaction on Monday, August 31st. The shares were bought at an average cost of $135.99 per share, with a total value of $299,178.00. Following the transaction, the chief executive officer directly owned 1,141,887 shares of the company's stock, valued at approximately $155,285,213.13. This trade represents a 0.19% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Vistra Trading Up 3.9%
NYSE:VST opened at $143.42 on Thursday. Vistra Corp. has a 12 month low of $132.66 and a 12 month high of $219.82. The firm has a market cap of $48.14 billion, a price-to-earnings ratio of 24.23 and a beta of 1.40. The company has a quick ratio of 0.87, a current ratio of 0.97 and a debt-to-equity ratio of 5.87. The company's 50 day moving average is $150.14 and its 200-day moving average is $155.05.
Vistra (NYSE:VST - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $5.46 billion. Vistra had a return on equity of 108.68% and a net margin of 11.55%. Equities analysts anticipate that Vistra Corp. will post 9.21 EPS for the current year.
Vistra Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be given a $0.23 dividend. This is an increase from Vistra's previous quarterly dividend of $0.23. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, September 21st. Vistra's dividend payout ratio (DPR) is 15.54%.
Analyst Ratings Changes
Several analysts recently weighed in on the company. Weiss Ratings downgraded Vistra from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday, August 13th. Sanford C. Bernstein set a $187.00 price target on Vistra and gave the stock an "outperform" rating in a research report on Tuesday, June 16th. Seaport Research Partners reissued a "buy" rating and issued a $230.00 price objective on shares of Vistra in a research report on Monday, June 15th. Zacks Research downgraded shares of Vistra from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 18th. Finally, Morgan Stanley boosted their target price on shares of Vistra from $212.00 to $227.00 and gave the stock an "overweight" rating in a research report on Friday, August 21st. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $223.53.
Read Our Latest Report on VST
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Vistra during the fourth quarter worth $25,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Vistra in the 4th quarter valued at $28,000. Kemnay Advisory Services Inc. bought a new position in shares of Vistra during the 4th quarter worth about $30,000. Strive Financial Group LLC acquired a new stake in shares of Vistra during the 4th quarter valued at about $33,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of Vistra during the 4th quarter valued at about $35,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.
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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