California Public Employees Retirement System Acquires 20,637 Shares of Vistra Corp. $VST

California Public Employees Retirement System increased its holdings in shares of Vistra Corp. (NYSE:VST) by 3.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 630,504 shares of the company’s stock after purchasing an additional 20,637 shares during the quarter. California Public Employees Retirement System owned approximately 0.19% of Vistra worth $123,528,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in VST. Norges Bank bought a new position in shares of Vistra in the 2nd quarter valued at about $930,080,000. Alkeon Capital Management LLC raised its holdings in Vistra by 280.6% during the second quarter. Alkeon Capital Management LLC now owns 1,356,357 shares of the company’s stock worth $262,876,000 after acquiring an additional 1,000,000 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in Vistra by 15.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 7,106,465 shares of the company’s stock worth $1,392,299,000 after acquiring an additional 930,912 shares in the last quarter. Invesco Ltd. boosted its position in Vistra by 25.2% during the second quarter. Invesco Ltd. now owns 4,537,384 shares of the company’s stock valued at $879,390,000 after purchasing an additional 913,350 shares during the last quarter. Finally, Palidye Holdings Caymans Ltd bought a new position in Vistra in the second quarter valued at approximately $145,987,000. Institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

Shares of NYSE VST opened at $159.09 on Monday. The company has a current ratio of 0.78, a quick ratio of 0.69 and a debt-to-equity ratio of 6.01. The company has a market capitalization of $53.90 billion, a P/E ratio of 73.31, a P/E/G ratio of 0.96 and a beta of 1.42. Vistra Corp. has a 12 month low of $90.51 and a 12 month high of $219.82. The stock has a 50 day moving average of $163.48 and a 200-day moving average of $178.23.

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

Vistra Increases Dividend

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

Analyst Ratings Changes

VST has been the topic of several recent analyst reports. UBS Group boosted their price target on Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. BMO Capital Markets reissued an “outperform” rating and issued a $241.00 price objective on shares of Vistra in a report on Monday, March 2nd. KeyCorp initiated coverage on shares of Vistra in a research note on Monday, November 24th. They issued an “overweight” rating and a $217.00 target price for the company. JPMorgan Chase & Co. lowered their target price on shares of Vistra from $249.00 to $233.00 and set an “overweight” rating on the stock in a report on Tuesday, December 16th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $215.00 price target on shares of Vistra in a research report on Friday, February 20th. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $236.40.

Insider Activity

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of Vistra stock in a transaction dated Monday, March 9th. The shares were 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 owned 114,409 shares of the company’s stock, valued at approximately $18,340,906.79. The trade was a 8.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.42% of the company’s stock.

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.