ArrowMark Colorado Holdings LLC Cuts Stock Position in Vistra Corp. $VST

ArrowMark Colorado Holdings LLC cut its stake in shares of Vistra Corp. (NYSE:VST) by 11.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 329,092 shares of the company’s stock after selling 43,665 shares during the period. Vistra comprises about 1.2% of ArrowMark Colorado Holdings LLC’s holdings, making the stock its 25th biggest holding. ArrowMark Colorado Holdings LLC owned 0.10% of Vistra worth $64,476,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of VST. Bridgewater Advisors Inc. increased its stake in shares of Vistra by 3.1% during the third quarter. Bridgewater Advisors Inc. now owns 1,787 shares of the company’s stock worth $350,000 after purchasing an additional 53 shares in the last quarter. Y.D. More Investments Ltd lifted its stake in Vistra by 7.1% in the 3rd quarter. Y.D. More Investments Ltd now owns 916 shares of the company’s stock valued at $168,000 after buying an additional 61 shares in the last quarter. Equitable Holdings Inc. lifted its stake in Vistra by 0.9% in the 3rd quarter. Equitable Holdings Inc. now owns 7,045 shares of the company’s stock valued at $1,380,000 after buying an additional 61 shares in the last quarter. Ballentine Partners LLC boosted its holdings in Vistra by 2.0% in the 3rd quarter. Ballentine Partners LLC now owns 3,275 shares of the company’s stock worth $642,000 after buying an additional 63 shares during the last quarter. Finally, Wealth Effects LLC boosted its holdings in Vistra by 1.1% in the 3rd quarter. Wealth Effects LLC now owns 5,782 shares of the company’s stock worth $1,133,000 after buying an additional 65 shares during the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Stock Down 0.3%

VST stock opened at $159.09 on Friday. Vistra Corp. has a one year low of $90.51 and a one year high of $219.82. The firm has a market cap of $53.90 billion, a PE ratio of 73.31, a PEG ratio of 0.96 and a beta of 1.42. The firm’s 50 day moving average price is $163.48 and its 200-day moving average price is $178.34. The company has a debt-to-equity ratio of 6.01, a quick ratio of 0.69 and a current ratio of 0.78.

Vistra (NYSE:VST) last issued its quarterly earnings data on Thursday, February 26th. The company reported $2.18 earnings per share for the quarter, missing the consensus estimate of $2.45 by ($0.27). The business had revenue of $4.58 billion during the quarter, compared to analysts’ expectations of $5.75 billion. Vistra had a return on equity of 81.09% and a net margin of 5.32%. On average, equities research analysts anticipate that Vistra Corp. will post 7 EPS for the current year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th will be paid a $0.228 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Friday, March 20th. This represents a $0.91 annualized dividend and a dividend yield of 0.6%. Vistra’s dividend payout ratio is currently 41.94%.

Analysts Set New Price Targets

Several research firms have commented on VST. Weiss Ratings reiterated a “hold (c)” rating on shares of Vistra in a research note on Monday, December 29th. Jefferies Financial Group upgraded Vistra from a “hold” rating to a “buy” rating and raised their target price for the company from $191.00 to $203.00 in a research report on Tuesday, February 10th. Bank of America lowered their price target on Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. KeyCorp initiated coverage on Vistra in a research report on Monday, November 24th. They set an “overweight” rating and a $217.00 price target for the company. Finally, The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective for the company in a research note on Friday, February 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $236.40.

Insider Buying and Selling at Vistra

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the completion of the sale, the executive vice president directly owned 114,409 shares of the company’s stock, valued at approximately $18,340,906.79. This trade represents a 8.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.42% of the company’s stock.

Vistra Company Profile

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.