Guyasuta Investment Advisors Inc. Has $72.30 Million Position in Vistra Corp. $VST

Key Points

• Guyasuta Investment Advisors trimmed its Vistra stake by 2.6% to 448,174 shares worth about $72.30 million, making VST ~4.1% of its portfolio and the firm's 6th largest holding.
• Vistra missed Q4 estimates, reporting $2.18 EPS vs. $2.45 expected and $4.58B revenue vs. $5.75B expected, while trading at a P/E of 71.28 and carrying a high debt-to-equity ratio of 6.01.
• Despite the miss, analysts remain broadly positive (consensus "Buy", target $236.87), and Vistra recently raised its quarterly dividend to $0.228 ($0.91 annualized, ~0.6% yield).

Guyasuta Investment Advisors Inc. cut its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 2.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 448,174 shares of the company's stock after selling 12,150 shares during the period. Vistra comprises about 4.1% of Guyasuta Investment Advisors Inc.'s investment portfolio, making the stock its 6th largest position. Guyasuta Investment Advisors Inc. owned about 0.13% of Vistra worth $72,304,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of VST. Salomon & Ludwin LLC bought a new stake in shares of Vistra during the third quarter valued at approximately $25,000. Quent Capital LLC bought a new stake in shares of Vistra during the third quarter valued at approximately $25,000. Archer Investment Corp increased its position in shares of Vistra by 2,700.0% during the third quarter. Archer Investment Corp now owns 140 shares of the company's stock valued at $27,000 after purchasing an additional 135 shares during the period. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in shares of Vistra during the third quarter valued at approximately $28,000. Finally, Orion Capital Management LLC bought a new stake in shares of Vistra during the third quarter valued at approximately $29,000. 90.88% of the stock is currently owned by institutional investors.

Vistra Price Performance

Shares of VST stock opened at $154.68 on Monday. The stock's fifty day simple moving average is $159.86 and its 200 day simple moving average is $171.80. The company has a debt-to-equity ratio of 6.01, a current ratio of 0.78 and a quick ratio of 0.69. The firm has a market cap of $52.37 billion, a price-to-earnings ratio of 71.28, a P/E/G ratio of 0.94 and a beta of 1.49. Vistra Corp. has a one year low of $103.34 and a one year high of $219.82.

Vistra (NYSE:VST - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported $2.18 EPS for the quarter, missing the consensus estimate of $2.45 by ($0.27). The company had revenue of $4.58 billion during the quarter, compared to analyst estimates of $5.75 billion. Vistra had a net margin of 5.32% and a return on equity of 81.09%. On average, analysts expect that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 20th were paid a $0.228 dividend. The ex-dividend date of this dividend was Friday, March 20th. This represents a $0.91 annualized dividend and a yield of 0.6%. This is a positive change from Vistra's previous quarterly dividend of $0.23. Vistra's payout ratio is presently 41.94%.

Analyst Ratings Changes

A number of research firms have recently issued reports on VST. JPMorgan Chase & Co. boosted their price objective on Vistra from $239.00 to $240.00 and gave the company an "overweight" rating in a research report on Thursday, March 19th. BMO Capital Markets restated an "outperform" rating and set a $241.00 price objective on shares of Vistra in a research report on Monday, March 2nd. Bank of America lowered their price objective on Vistra from $231.00 to $218.00 and set a "buy" rating on the stock in a research report on Monday, January 12th. UBS Group boosted their price objective on Vistra from $230.00 to $233.00 and gave the company a "buy" rating in a research report on Monday, January 12th. Finally, Scotiabank boosted their price objective on Vistra from $287.00 to $293.00 and gave the company an "outperform" rating in a research report on Monday, January 12th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $236.87.

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 value of $1,603,100.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.92% of the stock is currently owned by corporate insiders.

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.

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