Vistra Corp. (NYSE:VST) Shares Sold by Natixis Advisors L.P.

Natixis Advisors L.P. lessened its position in shares of Vistra Corp. (NYSE:VST) by 36.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 145,514 shares of the company’s stock after selling 82,755 shares during the quarter. Natixis Advisors L.P.’s holdings in Vistra were worth $3,493,000 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. Pinnacle Wealth Planning Services Inc. lifted its stake in shares of Vistra by 4.6% in the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 10,190 shares of the company’s stock valued at $236,000 after purchasing an additional 446 shares during the last quarter. Raymond James Trust N.A. lifted its position in Vistra by 1.9% in the first quarter. Raymond James Trust N.A. now owns 33,691 shares of the company’s stock valued at $808,000 after buying an additional 625 shares during the last quarter. Cibc World Market Inc. boosted its stake in Vistra by 3.2% during the first quarter. Cibc World Market Inc. now owns 20,444 shares of the company’s stock worth $475,000 after buying an additional 636 shares during the period. American International Group Inc. increased its position in shares of Vistra by 14.3% during the second quarter. American International Group Inc. now owns 5,728 shares of the company’s stock valued at $131,000 after acquiring an additional 718 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its holdings in shares of Vistra by 4.7% in the 4th quarter. Advisors Asset Management Inc. now owns 18,329 shares of the company’s stock worth $425,000 after acquiring an additional 825 shares during the last quarter. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Stephanie Zapata Moore sold 122,662 shares of Vistra stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $30.57, for a total value of $3,749,777.34. Following the completion of the transaction, the executive vice president now owns 137,782 shares in the company, valued at $4,211,995.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Vistra news, EVP Stephanie Zapata Moore sold 122,662 shares of the firm’s stock in a transaction on Friday, August 11th. The stock was sold at an average price of $30.57, for a total value of $3,749,777.34. Following the sale, the executive vice president now directly owns 137,782 shares in the company, valued at $4,211,995.74. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Julie A. Lagacy purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, June 21st. The shares were acquired at an average cost of $24.84 per share, with a total value of $248,400.00. Following the completion of the acquisition, the director now directly owns 16,923 shares in the company, valued at $420,367.32. The disclosure for this purchase can be found here. Insiders own 1.36% of the company’s stock.

Vistra Stock Performance

Shares of VST stock opened at $31.77 on Friday. The firm has a 50 day moving average of $28.18 and a two-hundred day moving average of $25.49. The stock has a market capitalization of $11.68 billion, a PE ratio of 8.68 and a beta of 0.99. The company has a quick ratio of 1.08, a current ratio of 1.17 and a debt-to-equity ratio of 3.42. Vistra Corp. has a 52 week low of $20.76 and a 52 week high of $31.99.

Vistra (NYSE:VST) last released its earnings results on Wednesday, August 9th. The company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.21. Vistra had a return on equity of 22.75% and a net margin of 9.60%. The firm had revenue of $3.19 billion during the quarter, compared to analyst estimates of $2.78 billion. On average, research analysts predict that Vistra Corp. will post 3.11 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Wednesday, September 20th will be given a dividend of $0.206 per share. The ex-dividend date is Tuesday, September 19th. This is an increase from Vistra’s previous quarterly dividend of $0.20. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.59%. Vistra’s payout ratio is currently 22.40%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on VST shares. BMO Capital Markets upped their price target on Vistra from $37.00 to $40.00 and gave the stock an “outperform” rating in a research note on Thursday, August 10th. Morgan Stanley increased their target price on Vistra from $33.00 to $35.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 23rd. Finally, TheStreet raised Vistra from a “c+” rating to a “b-” rating in a research report on Monday, July 3rd.

Vistra Profile

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.