Sei Investments Co. Has $27.47 Million Stock Holdings in Vistra Corp. $VST

Key Points

• Sei Investments reduced its Vistra stake by 15.3% in the first quarter, selling 33,038 shares and retaining 182,782 shares valued at approximately $27.47 million. Institutional investors collectively own 90.88% of Vistra.
• Vistra reported quarterly EPS of $2.87, exceeding analysts’ $1.32 consensus estimate, while revenue reached $5.64 billion versus expectations of $5.22 billion. Analysts maintain a consensus “Buy” rating with an average price target of $230.12.
• Insiders sold 41,588 Vistra shares worth $6.74 million during the last quarter, while the company’s quarterly dividend was reported at approximately $0.23 per share, representing a 0.6% yield.

Sei Investments Co. reduced its stake in Vistra Corp. (NYSE:VST - Free Report) by 15.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 182,782 shares of the company's stock after selling 33,038 shares during the period. Sei Investments Co. owned 0.05% of Vistra worth $27,474,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Empowered Funds LLC raised its stake in Vistra by 24.1% during the 1st quarter. Empowered Funds LLC now owns 20,190 shares of the company's stock worth $2,371,000 after buying an additional 3,920 shares during the period. Woodline Partners LP grew its stake in Vistra by 40.7% in the first quarter. Woodline Partners LP now owns 28,744 shares of the company's stock valued at $3,376,000 after acquiring an additional 8,312 shares during the period. Focus Partners Wealth grew its stake in Vistra by 37.3% in the first quarter. Focus Partners Wealth now owns 7,828 shares of the company's stock valued at $920,000 after acquiring an additional 2,125 shares during the period. Sivia Capital Partners LLC bought a new stake in shares of Vistra during the second quarter valued at approximately $269,000. Finally, Slocum Gordon & Co LLP increased its holdings in shares of Vistra by 20.0% during the second quarter. Slocum Gordon & Co LLP now owns 1,200 shares of the company's stock valued at $233,000 after acquiring an additional 200 shares in the last quarter. Institutional investors and hedge funds own 90.88% of the company's stock.

Insider Activity

In other Vistra news, Director John R. Sult sold 6,500 shares of Vistra stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $170.00, for a total transaction of $1,105,000.00. Following the transaction, the director directly owned 70,714 shares of the company's stock, valued at $12,021,380. The trade was a 8.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Margaret Montemayor sold 5,000 shares of the company's stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total transaction of $824,800.00. Following the completion of the sale, the chief accounting officer owned 14,360 shares of the company's stock, valued at approximately $2,368,825.60. The trade was a 25.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 41,588 shares of company stock valued at $6,739,227 over the last quarter. 0.92% of the stock is owned by insiders.

Vistra Stock Performance

Shares of Vistra stock opened at $157.09 on Tuesday. The company has a market cap of $52.97 billion, a PE ratio of 26.31 and a beta of 1.40. Vistra Corp. has a 52 week low of $132.66 and a 52 week high of $219.82. The business has a 50 day moving average price of $156.46 and a 200-day moving average price of $158.35. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51.

Vistra (NYSE:VST - Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $1.55. Vistra had a return on equity of 105.64% and a net margin of 11.52%.The company had revenue of $5.64 billion for the quarter, compared to analysts' expectations of $5.22 billion. Equities analysts anticipate that Vistra Corp. will post 9.52 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd were paid a dividend of $0.229 per share. This is a boost from Vistra's previous quarterly dividend of $0.23. The ex-dividend date was Monday, June 22nd. This represents a $0.92 annualized dividend and a yield of 0.6%. Vistra's dividend payout ratio (DPR) is 15.41%.

Analyst Ratings Changes

VST has been the topic of a number of recent research reports. Sanford C. Bernstein set a $187.00 target price on Vistra and gave the stock an "outperform" rating in a report on Tuesday, June 16th. JPMorgan Chase & Co. decreased their price target on shares of Vistra from $240.00 to $231.00 and set an "overweight" rating for the company in a research note on Thursday, April 30th. Jefferies Financial Group restated a "buy" rating and set a $190.00 price target on shares of Vistra in a research note on Thursday, May 21st. Weiss Ratings downgraded shares of Vistra from a "hold (c+)" rating to a "hold (c)" rating in a report on Thursday, July 16th. Finally, Raymond James Financial set a $208.00 price objective on shares of Vistra in a research note on Monday, April 27th. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $230.12.

Vistra 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.

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