Vistra Corp. $VST Shares Sold by Bourgeon Capital Management LLC

Bourgeon Capital Management LLC decreased its position in Vistra Corp. (NYSE:VST) by 11.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,838 shares of the company’s stock after selling 4,867 shares during the quarter. Bourgeon Capital Management LLC’s holdings in Vistra were worth $7,413,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Banque Transatlantique SA lifted its stake in Vistra by 132.0% during the first quarter. Banque Transatlantique SA now owns 232 shares of the company’s stock worth $25,000 after purchasing an additional 132 shares during the last quarter. Salomon & Ludwin LLC acquired a new stake in shares of Vistra during the third quarter worth $25,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Vistra in the 2nd quarter worth about $28,000. Anfield Capital Management LLC acquired a new position in shares of Vistra in the 2nd quarter valued at about $29,000. Finally, City State Bank grew its position in shares of Vistra by 210.0% during the 2nd quarter. City State Bank now owns 155 shares of the company’s stock valued at $30,000 after buying an additional 105 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors.

Insider Activity at Vistra

In other Vistra news, CEO James A. Burke sold 41,426 shares of the firm’s stock in a transaction dated Monday, October 13th. The shares were sold at an average price of $201.32, for a total transaction of $8,339,882.32. Following the transaction, the chief executive officer owned 246,522 shares of the company’s stock, valued at approximately $49,629,809.04. This trade represents a 14.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Scott A. Hudson sold 56,000 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $168.86, for a total transaction of $9,456,160.00. Following the completion of the sale, the executive vice president directly owned 306,600 shares of the company’s stock, valued at approximately $51,772,476. This represents a 15.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 510,945 shares of company stock worth $98,584,693 in the last 90 days. Corporate insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. BMO Capital Markets raised their target price on shares of Vistra from $236.00 to $245.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Wells Fargo & Company began coverage on Vistra in a research report on Monday, October 27th. They set an “overweight” rating and a $238.00 price target on the stock. Cowen began coverage on Vistra in a report on Wednesday, October 15th. They issued a “buy” rating on the stock. Daiwa Capital Markets upgraded Vistra from a “neutral” rating to a “buy” rating and set a $250.00 price objective for the company in a research report on Wednesday, September 17th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $228.00 target price on shares of Vistra in a research report on Tuesday, December 16th. Four equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $232.40.

Vistra Stock Performance

Shares of NYSE VST opened at $165.20 on Friday. Vistra Corp. has a 12-month low of $90.51 and a 12-month high of $219.82. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74. The company has a market cap of $55.97 billion, a PE ratio of 59.64, a P/E/G ratio of 1.65 and a beta of 1.39. The stock has a 50 day simple moving average of $174.13 and a 200-day simple moving average of $189.23.

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

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were issued a $0.227 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This is an increase from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 annualized dividend and a yield of 0.5%. Vistra’s dividend payout ratio is currently 32.49%.

About Vistra

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.