Vistra Corp. $VST Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC cut its holdings in shares of Vistra Corp. (NYSE:VST) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 585,061 shares of the company’s stock after selling 10,312 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.17% of Vistra worth $96,670,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of VST. State Street Corp increased its holdings in shares of Vistra by 1.4% during the 2nd quarter. State Street Corp now owns 16,660,027 shares of the company’s stock worth $3,228,880,000 after buying an additional 226,514 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Vistra by 15.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 7,106,465 shares of the company’s stock valued at $1,392,299,000 after acquiring an additional 930,912 shares during the last quarter. Invesco Ltd. grew its position in Vistra by 0.8% during the third quarter. Invesco Ltd. now owns 4,572,642 shares of the company’s stock valued at $895,872,000 after acquiring an additional 35,258 shares during the period. Franklin Resources Inc. grew its position in Vistra by 11.3% during the third quarter. Franklin Resources Inc. now owns 2,983,868 shares of the company’s stock valued at $584,599,000 after acquiring an additional 303,573 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Vistra by 0.7% during the third quarter. Bank of New York Mellon Corp now owns 2,344,142 shares of the company’s stock worth $459,264,000 after acquiring an additional 16,321 shares during the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on VST shares. Morgan Stanley reissued an “overweight” rating and set a $215.00 target price on shares of Vistra in a research report on Friday, February 20th. JPMorgan Chase & Co. raised their target price on shares of Vistra from $239.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. Jefferies Financial Group upgraded shares of Vistra from a “hold” rating to a “buy” rating and lifted their target price for the company from $191.00 to $203.00 in a report on Tuesday, February 10th. UBS Group upped their price target on shares of Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Finally, Wells Fargo & Company lowered their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $236.87.

Vistra Price Performance

VST opened at $150.22 on Wednesday. Vistra Corp. has a twelve month low of $90.51 and a twelve month high of $219.82. The firm has a market cap of $50.86 billion, a price-to-earnings ratio of 69.22, a PEG ratio of 0.90 and a beta of 1.42. 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 fifty day simple moving average of $161.14 and a 200 day simple moving average of $174.98.

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

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th were paid a dividend of $0.228 per share. This is an increase from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date was Friday, March 20th. This represents a $0.91 annualized dividend and a dividend yield of 0.6%. Vistra’s dividend payout ratio (DPR) is currently 41.94%.

Insider Buying and Selling at Vistra

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of Vistra stock in a transaction on Monday, March 9th. The shares were sold at an average price of $160.31, for a total value of $1,603,100.00. Following the completion of the sale, the executive vice president owned 114,409 shares in the company, valued at approximately $18,340,906.79. The trade was a 8.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.92% 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.