Ethos Capital Management Inc. Takes Position in Vistra Corp. $VST

Ethos Capital Management Inc. purchased a new stake in Vistra Corp. (NYSE:VST) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 7,061 shares of the company’s stock, valued at approximately $1,139,000.

A number of other institutional investors have also made changes to their positions in the company. State Street Corp increased its holdings in shares of Vistra by 1.4% in the 2nd quarter. State Street Corp now owns 16,660,027 shares of the company’s stock valued at $3,228,880,000 after acquiring an additional 226,514 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Vistra by 15.1% in the 3rd 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. increased its holdings in shares of Vistra by 0.8% in the 3rd 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 last quarter. Franklin Resources Inc. increased its holdings in shares of Vistra by 11.3% in the 3rd 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 last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Vistra by 0.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,344,142 shares of the company’s stock valued at $459,264,000 after acquiring an additional 16,321 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors.

Vistra Price Performance

Shares of VST opened at $153.78 on Wednesday. The company has a market cap of $52.06 billion, a P/E ratio of 70.87, a PEG ratio of 0.92 and a beta of 1.49. The stock has a fifty day moving average price of $160.31 and a 200 day moving average price of $172.94. The company has a debt-to-equity ratio of 6.01, a current ratio of 0.78 and a quick ratio of 0.69. Vistra Corp. has a 12 month low of $99.24 and a 12 month high of $219.82.

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 company had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $5.75 billion. Vistra had a return on equity of 81.09% and a net margin of 5.32%. On average, research analysts forecast that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

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

Insider Buying and Selling

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of the business’s stock in a transaction on 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 transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.92% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have recently weighed in on VST. Scotiabank boosted their price target on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a report on Monday, January 12th. The Goldman Sachs Group raised Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price target on the stock in a report on Friday, February 6th. Weiss Ratings restated a “hold (c)” rating on shares of Vistra in a research report on Friday, March 27th. BMO Capital Markets restated an “outperform” rating and set a $241.00 price objective on shares of Vistra in a research note on Monday, March 2nd. Finally, UBS Group upped their price objective on Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Vistra presently has a consensus rating of “Buy” and a consensus target price of $236.87.

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.