Banco Bilbao Vizcaya Argentaria S.A. Purchases 33,260 Shares of Vistra Corp. $VST

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in Vistra Corp. by 430.2%, acquiring an additional 33,260 shares, bringing their total ownership to 40,991 shares worth approximately $4.79 million.
• Vistra recently declared a quarterly dividend of $0.226, reflecting a slight increase from the previous quarterly dividend, and will be paid to stockholders on September 30th.
• Equities analysts have raised their price targets for Vistra Corp., with firms like BMO Capital Markets and UBS Group setting targets of $229.00 and $230.00, respectively, indicating continued investor interest.

Banco Bilbao Vizcaya Argentaria S.A. lifted its position in Vistra Corp. (NYSE:VST - Free Report) by 430.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,991 shares of the company's stock after acquiring an additional 33,260 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Vistra were worth $4,786,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VST. Paloma Partners Management Co boosted its holdings in shares of Vistra by 1.0% in the 4th quarter. Paloma Partners Management Co now owns 8,000 shares of the company's stock worth $1,103,000 after buying an additional 81 shares during the last quarter. Cordatus Wealth Management LLC boosted its holdings in shares of Vistra by 2.0% in the 1st quarter. Cordatus Wealth Management LLC now owns 4,198 shares of the company's stock worth $493,000 after buying an additional 83 shares during the last quarter. Oak Grove Capital LLC boosted its holdings in shares of Vistra by 0.5% in the 1st quarter. Oak Grove Capital LLC now owns 19,760 shares of the company's stock worth $2,321,000 after buying an additional 90 shares during the last quarter. Sunbelt Securities Inc. boosted its holdings in shares of Vistra by 1.6% in the 4th quarter. Sunbelt Securities Inc. now owns 6,409 shares of the company's stock worth $898,000 after buying an additional 98 shares during the last quarter. Finally, Dynasty Wealth Management LLC boosted its holdings in shares of Vistra by 4.9% in the 1st quarter. Dynasty Wealth Management LLC now owns 2,266 shares of the company's stock worth $266,000 after buying an additional 105 shares during the last quarter. Institutional investors own 90.88% of the company's stock.

Vistra Price Performance

NYSE VST opened at $192.6120 on Thursday. The company has a market cap of $65.26 billion, a PE ratio of 30.72, a price-to-earnings-growth ratio of 2.23 and a beta of 1.30. Vistra Corp. has a 52 week low of $72.90 and a 52 week high of $216.85. The company has a quick ratio of 0.80, a current ratio of 0.90 and a debt-to-equity ratio of 6.58. The firm's 50-day simple moving average is $193.58 and its two-hundred day simple moving average is $158.04.

Vistra (NYSE:VST - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $1.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.63 by ($0.62). Vistra had a return on equity of 108.41% and a net margin of 12.90%.The firm had revenue of $4.25 billion during the quarter, compared to analysts' expectations of $5.15 billion. Research analysts predict that Vistra Corp. will post 7 earnings per share for the current year.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 19th will be issued a $0.226 dividend. The ex-dividend date of this dividend is Friday, September 19th. This is a positive change from Vistra's previous quarterly dividend of $0.23. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.5%. Vistra's payout ratio is currently 14.35%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group boosted their price target on shares of Vistra from $179.00 to $203.00 and gave the stock a "neutral" rating in a report on Wednesday, August 13th. BMO Capital Markets boosted their price target on shares of Vistra from $191.00 to $229.00 and gave the stock an "outperform" rating in a report on Tuesday, August 12th. UBS Group boosted their price target on shares of Vistra from $207.00 to $230.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Morgan Stanley upped their price objective on shares of Vistra from $178.00 to $186.00 and gave the company an "overweight" rating in a report on Wednesday, June 18th. Finally, Evercore ISI set a $192.00 price objective on shares of Vistra and gave the company an "outperform" rating in a report on Thursday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $199.93.

Insider Transactions at Vistra

In other news, Director Scott B. Helm sold 50,000 shares of the stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $172.75, for a total value of $8,637,500.00. Following the sale, the director directly owned 255,192 shares of the company's stock, valued at approximately $44,084,418. This represents a 16.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John R. Sult sold 25,000 shares of the company's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $171.67, for a total transaction of $4,291,750.00. Following the completion of the transaction, the director owned 75,946 shares in the company, valued at approximately $13,037,649.82. This trade represents a 24.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 110,000 shares of company stock valued at $18,579,650. 1.42% of the stock is currently owned by corporate insiders.

Vistra Company Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.

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