TD Asset Management Inc Has $73.22 Million Stake in Vistra Corp. $VST

TD Asset Management Inc decreased its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 42.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 377,798 shares of the company's stock after selling 281,211 shares during the quarter. TD Asset Management Inc owned 0.11% of Vistra worth $73,221,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in VST. Banque Transatlantique SA increased its stake in Vistra by 132.0% during the first quarter. Banque Transatlantique SA now owns 232 shares of the company's stock valued at $25,000 after acquiring an additional 132 shares during the period. HM Payson & Co. grew its holdings in shares of Vistra by 275.4% during the 1st quarter. HM Payson & Co. now owns 229 shares of the company's stock worth $27,000 after purchasing an additional 168 shares in the last quarter. Keener Financial Planning LLC bought a new stake in shares of Vistra during the first quarter valued at approximately $34,000. WPG Advisers LLC acquired a new position in shares of Vistra in the first quarter valued at $37,000. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Vistra in the first quarter valued at $39,000. Institutional investors own 90.88% of the company's stock.

Insider Buying and Selling

In other news, CEO James A. Burke sold 43,074 shares of the stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $208.75, for a total transaction of $8,991,697.50. Following the sale, the chief executive officer owned 217,025 shares in the company, valued at approximately $45,303,968.75. This represents a 16.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 547,510 shares of company stock valued at $112,585,800 over the last quarter. 1.42% of the stock is currently owned by insiders.

Vistra Stock Up 2.6%

VST opened at $210.96 on Thursday. The firm has a market cap of $71.48 billion, a price-to-earnings ratio of 33.65, a PEG ratio of 3.05 and a beta of 1.33. The company has a debt-to-equity ratio of 6.58, a quick ratio of 0.80 and a current ratio of 0.90. The firm's 50-day simple moving average is $200.50 and its 200-day simple moving average is $174.32. Vistra Corp. has a twelve month low of $90.51 and a twelve month high of $219.82.

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

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 19th were given a $0.226 dividend. This represents a $0.90 annualized dividend and a yield of 0.4%. The ex-dividend date was Friday, September 19th. This is a positive change from Vistra's previous quarterly dividend of $0.23. Vistra's dividend payout ratio is presently 14.35%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on VST. Weiss Ratings reissued a "buy (b)" rating on shares of Vistra in a report on Wednesday, October 8th. Wall Street Zen lowered shares of Vistra from a "hold" rating to a "sell" rating in a research report on Friday, September 5th. Melius began coverage on shares of Vistra in a research note on Wednesday, August 20th. They issued a "buy" rating and a $295.00 target price on the stock. Cowen assumed coverage on shares of Vistra in a research note on Wednesday. They set a "buy" rating for the company. Finally, Melius Research upgraded Vistra to a "strong-buy" rating in a research note on Wednesday, August 20th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $227.58.

About Vistra

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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