Vistra Corp. $VST Stock Holdings Lowered by Guyasuta Investment Advisors Inc.

Key Points

• Guyasuta Investment Advisors Inc. reduced its holdings in Vistra Corp. by 1.4% in the 2nd quarter, owning 466,163 shares worth approximately $90.35 million.
• Multiple research firms have rated Vistra positively, with Daiwa Capital Markets upgrading it to a "buy" and a consensus target price of $218.20 based on a majority of "buy" ratings.
• Vistra Corp. recently announced an increase in its quarterly dividend to $0.226, reflecting a positive change in its financial strategy amidst earnings that missed analysts' estimates.

Guyasuta Investment Advisors Inc. reduced its holdings in Vistra Corp. (NYSE:VST - Free Report) by 1.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 466,163 shares of the company's stock after selling 6,719 shares during the period. Vistra comprises 5.5% of Guyasuta Investment Advisors Inc.'s holdings, making the stock its 3rd biggest position. Guyasuta Investment Advisors Inc. owned about 0.14% of Vistra worth $90,347,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Dimensional Fund Advisors LP boosted its holdings in shares of Vistra by 0.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,190,462 shares of the company's stock valued at $492,102,000 after acquiring an additional 11,386 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Vistra by 1.9% in the 1st quarter. Northern Trust Corp now owns 3,083,842 shares of the company's stock valued at $362,166,000 after acquiring an additional 57,358 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Vistra in the 1st quarter valued at $209,149,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Vistra by 8.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,470,680 shares of the company's stock valued at $172,717,000 after acquiring an additional 118,230 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in shares of Vistra by 1.5% in the 1st quarter. American Century Companies Inc. now owns 1,327,653 shares of the company's stock valued at $155,920,000 after purchasing an additional 19,679 shares during the period. 90.88% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on VST. Daiwa Capital Markets upgraded shares of Vistra from a "neutral" rating to a "buy" rating and set a $250.00 target price for the company in a research note on Wednesday, September 17th. The Goldman Sachs Group boosted their target price on shares of Vistra from $179.00 to $203.00 and gave the company a "neutral" rating in a research note on Wednesday, August 13th. Melius Research upgraded shares of Vistra to a "strong-buy" rating in a research note on Wednesday, August 20th. Raymond James Financial began coverage on shares of Vistra in a research note on Friday, June 13th. They issued a "strong-buy" rating and a $216.00 target price for the company. Finally, BMO Capital Markets boosted their target price on shares of Vistra from $191.00 to $229.00 and gave the company an "outperform" rating in a research note on Tuesday, August 12th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $218.20.

Vistra Stock Performance

NYSE:VST opened at $207.27 on Friday. 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 company has a fifty day moving average of $199.88 and a two-hundred day moving average of $167.72. The stock has a market capitalization of $70.23 billion, a PE ratio of 33.06, a P/E/G ratio of 3.24 and a beta of 1.33. Vistra Corp. has a fifty-two week low of $90.51 and a fifty-two week high of $219.82.

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

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 19th will be given a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.4%. This is a positive change from Vistra's previous quarterly dividend of $0.23. The ex-dividend date is Friday, September 19th. Vistra's dividend payout ratio (DPR) is currently 14.35%.

Insider Activity at Vistra

In other news, CEO James A. Burke sold 21,379 shares of the stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $199.90, for a total value of $4,273,662.10. Following the completion of the sale, the chief executive officer directly owned 243,770 shares in the company, valued at $48,729,623. This represents a 8.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold 276,319 shares of company stock valued at $57,544,816 in the last ninety days. 1.42% of the stock is owned by corporate insiders.

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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