Banco Bilbao Vizcaya Argentaria S.A. Sells 29,712 Shares of Vistra Corp. $VST

Banco Bilbao Vizcaya Argentaria S.A. trimmed its holdings in shares of Vistra Corp. (NYSE:VST) by 72.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,279 shares of the company’s stock after selling 29,712 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Vistra were worth $2,191,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VST. Bridgewater Advisors Inc. raised its stake in Vistra by 4.0% during the 2nd quarter. Bridgewater Advisors Inc. now owns 1,734 shares of the company’s stock worth $333,000 after acquiring an additional 67 shares during the period. Verdence Capital Advisors LLC grew its position in Vistra by 2.2% in the second quarter. Verdence Capital Advisors LLC now owns 3,256 shares of the company’s stock worth $631,000 after acquiring an additional 71 shares in the last quarter. Fogel Capital Management Inc. lifted its position in Vistra by 0.9% in the second quarter. Fogel Capital Management Inc. now owns 7,897 shares of the company’s stock worth $1,531,000 after buying an additional 72 shares during the last quarter. Red Mountain Financial LLC boosted its stake in shares of Vistra by 3.1% during the 2nd quarter. Red Mountain Financial LLC now owns 2,435 shares of the company’s stock worth $472,000 after purchasing an additional 74 shares during the period. Finally, Parallel Advisors LLC boosted its position in shares of Vistra by 3.1% during the second quarter. Parallel Advisors LLC now owns 2,528 shares of the company’s stock valued at $490,000 after buying an additional 75 shares during the period. Institutional investors own 90.88% of the company’s stock.

Analysts Set New Price Targets

VST has been the topic of a number of research reports. Scotiabank assumed coverage on shares of Vistra in a research report on Monday, September 22nd. They set a “sector outperform” rating and a $256.00 target price on the stock. Weiss Ratings cut Vistra from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday. Daiwa Capital Markets raised shares of Vistra from a “neutral” rating to a “buy” rating and set a $250.00 target price for the company in a report on Wednesday, September 17th. Morgan Stanley boosted their price target on Vistra from $207.00 to $223.00 and gave the company an “overweight” rating in a report on Thursday, September 25th. Finally, Melius began coverage on shares of Vistra in a research report on Wednesday, August 20th. They issued a “buy” rating and a $295.00 price objective for the company. Four investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Vistra has an average rating of “Buy” and a consensus target price of $234.21.

Vistra Price Performance

NYSE:VST opened at $174.37 on Monday. The company has a debt-to-equity ratio of 5.74, a current ratio of 0.99 and a quick ratio of 0.88. The business has a 50 day simple moving average of $198.04 and a 200-day simple moving average of $187.02. The firm has a market capitalization of $59.08 billion, a price-to-earnings ratio of 62.95, a PEG ratio of 2.18 and a beta of 1.30. Vistra Corp. has a 1 year low of $90.51 and a 1 year high of $219.82.

Vistra (NYSE:VST) last posted its quarterly earnings data on Friday, November 7th. The company reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.03). Vistra had a return on equity of 64.04% and a net margin of 6.70%.The company had revenue of $4.97 billion for the quarter, compared to analyst estimates of $6.60 billion. Equities analysts forecast that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be paid a $0.227 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This is a boost from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.5%. Vistra’s payout ratio is presently 32.49%.

Insider Buying and Selling

In other Vistra news, CEO James A. Burke sold 43,074 shares of the business’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $208.75, for a total value of $8,991,697.50. Following the completion of the sale, the chief executive officer owned 217,025 shares of the company’s stock, valued at $45,303,968.75. The trade was a 16.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last ninety days, insiders have sold 745,845 shares of company stock worth $152,178,104. 1.42% of the stock is currently owned by corporate insiders.

Vistra Company 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 states in the United States and the District of Columbia.