Vistra Corp. (NYSE:VST) Stock Position Lowered by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc lowered its position in shares of Vistra Corp. (NYSE:VST) by 34.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 586,393 shares of the company’s stock after selling 305,325 shares during the quarter. Ensign Peak Advisors Inc owned 0.17% of Vistra worth $50,418,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of VST. Atria Investments Inc bought a new stake in shares of Vistra in the 1st quarter worth approximately $1,675,000. 3Chopt Investment Partners LLC lifted its position in shares of Vistra by 142.2% during the 4th quarter. 3Chopt Investment Partners LLC now owns 54,969 shares of the company’s stock valued at $2,117,000 after acquiring an additional 32,276 shares during the last quarter. Teachers Retirement System of The State of Kentucky boosted its stake in shares of Vistra by 41.2% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 115,600 shares of the company’s stock worth $4,453,000 after acquiring an additional 33,738 shares in the last quarter. Stephens Inc. AR grew its holdings in shares of Vistra by 633.7% in the 4th quarter. Stephens Inc. AR now owns 58,668 shares of the company’s stock worth $2,260,000 after acquiring an additional 50,672 shares during the last quarter. Finally, Banco Santander S.A. acquired a new stake in shares of Vistra during the first quarter worth $673,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Trading Up 16.6 %

Shares of NYSE VST opened at $107.88 on Friday. The firm has a market capitalization of $37.06 billion, a PE ratio of 66.18 and a beta of 1.08. Vistra Corp. has a one year low of $31.16 and a one year high of $108.26. The company has a current ratio of 0.98, a quick ratio of 0.88 and a debt-to-equity ratio of 2.89. The business has a 50-day moving average price of $80.15 and a two-hundred day moving average price of $80.71.

Vistra (NYSE:VST) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.69). Vistra had a net margin of 4.61% and a return on equity of 21.05%. The company had revenue of $3.85 billion for the quarter, compared to analysts’ expectations of $4.04 billion. During the same period in the previous year, the firm posted $1.03 earnings per share. As a group, analysts predict that Vistra Corp. will post 4.52 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 20th will be paid a $0.2195 dividend. The ex-dividend date of this dividend is Friday, September 20th. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.81%. Vistra’s dividend payout ratio is 53.37%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on VST. Jefferies Financial Group assumed coverage on Vistra in a research report on Friday, September 13th. They issued a “buy” rating and a $99.00 price target for the company. BMO Capital Markets raised their target price on shares of Vistra from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Morgan Stanley lifted their target price on shares of Vistra from $109.00 to $110.00 and gave the stock an “overweight” rating in a research report on Friday, August 23rd. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $100.83.

About Vistra

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.