Swiss National Bank Sells 45,500 Shares of Vistra Corp. (NYSE:VST)

Swiss National Bank trimmed its position in Vistra Corp. (NYSE:VST - Free Report) by 4.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,034,473 shares of the company's stock after selling 45,500 shares during the quarter. Swiss National Bank owned 0.29% of Vistra worth $39,848,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of VST. Blue Trust Inc. lifted its position in shares of Vistra by 160.7% during the 4th quarter. Blue Trust Inc. now owns 717 shares of the company's stock worth $28,000 after buying an additional 442 shares during the period. Fifth Third Bancorp bought a new position in Vistra during the 3rd quarter valued at about $29,000. Lindbrook Capital LLC grew its stake in Vistra by 64.4% during the fourth quarter. Lindbrook Capital LLC now owns 840 shares of the company's stock worth $32,000 after buying an additional 329 shares during the last quarter. Rise Advisors LLC bought a new position in shares of Vistra in the fourth quarter valued at approximately $35,000. Finally, NBC Securities Inc. acquired a new position in shares of Vistra in the 3rd quarter worth approximately $64,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Vistra Trading Up 9.2 %

Shares of VST traded up $7.53 on Wednesday, reaching $89.27. 15,073,007 shares of the company's stock were exchanged, compared to its average volume of 6,160,833. Vistra Corp. has a 12 month low of $23.53 and a 12 month high of $91.04. The stock has a market capitalization of $31.06 billion, a P/E ratio of 24.94 and a beta of 1.02. The company has a current ratio of 1.18, a quick ratio of 1.11 and a debt-to-equity ratio of 4.26. The business has a 50 day moving average price of $68.83 and a two-hundred day moving average price of $49.27.

Vistra (NYSE:VST - Get Free Report) last announced its quarterly earnings results on Wednesday, February 28th. The company reported ($0.48) EPS for the quarter, missing analysts' consensus estimates of $0.54 by ($1.02). Vistra had a net margin of 10.10% and a return on equity of 20.05%. The company had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $5.48 billion. Research analysts anticipate that Vistra Corp. will post 3.61 earnings per share for the current year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Wednesday, June 19th will be issued a $0.218 dividend. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.87 annualized dividend and a dividend yield of 0.98%. The ex-dividend date is Tuesday, June 18th. Vistra's dividend payout ratio is 24.02%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Evercore ISI increased their target price on Vistra from $72.00 to $79.00 and gave the stock an "outperform" rating in a report on Thursday, April 4th. Janney Montgomery Scott started coverage on shares of Vistra in a research report on Thursday, April 18th. They issued a "buy" rating and a $82.00 price objective for the company. Morgan Stanley reiterated an "overweight" rating and set a $78.00 target price on shares of Vistra in a research report on Monday, March 25th. Finally, BMO Capital Markets boosted their price objective on shares of Vistra from $52.00 to $60.00 and gave the stock an "outperform" rating in a research report on Monday, March 4th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Vistra currently has an average rating of "Buy" and a consensus target price of $67.20.

Insider Transactions at Vistra

In related news, EVP Stephanie Zapata Moore sold 98,020 shares of the stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total transaction of $5,734,170.00. Following the completion of the sale, the executive vice president now directly owns 161,888 shares of the company's stock, valued at approximately $9,470,448. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, EVP Carrie Lee Kirby sold 72,748 shares of Vistra stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $62.63, for a total value of $4,556,207.24. Following the sale, the executive vice president now owns 184,201 shares of the company's stock, valued at approximately $11,536,508.63. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Stephanie Zapata Moore sold 98,020 shares of the company's stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total value of $5,734,170.00. Following the transaction, the executive vice president now directly owns 161,888 shares of the company's stock, valued at approximately $9,470,448. The disclosure for this sale can be found here. Insiders have sold a total of 257,285 shares of company stock valued at $15,404,397 over the last 90 days. 1.42% of the stock is owned by company insiders.

Vistra 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.