Vistra Corp. (NYSE:VST) Insider Brookfield Asset Management In Sells 750,000 Shares

Vistra Corp. (NYSE:VST – Get Rating) insider Brookfield Asset Management In sold 750,000 shares of the stock in a transaction that occurred on Wednesday, May 4th. The stock was sold at an average price of $25.77, for a total value of $19,327,500.00. Following the completion of the transaction, the insider now owns 18,538,903 shares in the company, valued at approximately $477,747,530.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Brookfield Asset Management In also recently made the following trade(s):

• On Friday, May 6th, Brookfield Asset Management In sold 1,500,000 shares of Vistra stock. The stock was sold at an average price of $26.63, for a total value of $39,945,000.00.

VST opened at $26.62 on Friday. Vistra Corp. has a 1-year low of $15.47 and a 1-year high of $27.10. The company has a current ratio of 1.35, a quick ratio of 1.24 and a debt-to-equity ratio of 1.67. The stock has a market capitalization of $11.74 billion, a price-to-earnings ratio of -9.93, a P/E/G ratio of 0.19 and a beta of 0.82. The business has a 50 day moving average of $23.65 and a 200-day moving average of $22.04.

Vistra (NYSE:VST – Get Rating) last posted its quarterly earnings data on Friday, February 25th. The company reported $1.45 earnings per share for the quarter, missing the consensus estimate of $3.14 by ($1.69). The business had revenue of $3.31 billion during the quarter, compared to the consensus estimate of $4.66 billion. Vistra had a negative net margin of 10.55% and a negative return on equity of 20.42%. Equities analysts predict that Vistra Corp. will post 2.12 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 30th. Investors of record on Wednesday, June 22nd will be given a $0.177 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.17. This represents a $0.71 annualized dividend and a yield of 2.66%. The ex-dividend date of this dividend is Tuesday, June 21st. Vistra’s dividend payout ratio (DPR) is -25.37%.

Separately, Zacks Investment Research upgraded Vistra from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a report on Thursday. Eight analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $24.71.

Hedge funds have recently modified their holdings of the stock. Counterpoint Mutual Funds LLC bought a new position in Vistra in the fourth quarter worth $28,000. Rational Advisors LLC lifted its holdings in shares of Vistra by 128.0% during the fourth quarter. Rational Advisors LLC now owns 1,245 shares of the company’s stock valued at $28,000 after acquiring an additional 699 shares during the period. National Bank of Canada FI bought a new position in shares of Vistra during the fourth quarter valued at $35,000. CWM LLC lifted its holdings in shares of Vistra by 256.6% during the first quarter. CWM LLC now owns 1,537 shares of the company’s stock valued at $36,000 after acquiring an additional 1,106 shares during the period. Finally, Moors & Cabot Inc. bought a new position in shares of Vistra during the third quarter valued at $40,000.

About Vistra (Get Rating)

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 20 states in the United States and the District of Columbia.

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