Vistra Corp. $VST Shares Sold by Westover Capital Advisors LLC

Westover Capital Advisors LLC lessened its position in Vistra Corp. (NYSE:VST) by 8.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,518 shares of the company’s stock after selling 3,818 shares during the period. Vistra comprises 1.2% of Westover Capital Advisors LLC’s portfolio, making the stock its 20th largest holding. Westover Capital Advisors LLC’s holdings in Vistra were worth $6,537,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Vistra during the 4th quarter valued at about $25,000. Archer Investment Corp increased its stake in shares of Vistra by 2,700.0% during the 3rd quarter. Archer Investment Corp now owns 140 shares of the company’s stock valued at $27,000 after acquiring an additional 135 shares during the last quarter. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in shares of Vistra during the 3rd quarter valued at about $28,000. Salomon & Ludwin LLC increased its stake in shares of Vistra by 74.8% during the 4th quarter. Salomon & Ludwin LLC now owns 215 shares of the company’s stock valued at $35,000 after acquiring an additional 92 shares during the last quarter. Finally, Triumph Capital Management acquired a new position in shares of Vistra during the 3rd quarter valued at about $38,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Stock Up 0.1%

VST opened at $156.40 on Monday. The firm has a 50 day moving average price of $154.49 and a 200 day moving average price of $162.86. The company has a market cap of $52.73 billion, a PE ratio of 26.20, a price-to-earnings-growth ratio of 0.89 and a beta of 1.43. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82. The company has a debt-to-equity ratio of 5.51, a quick ratio of 0.79 and a current ratio of 0.90.

Vistra (NYSE:VST) last posted its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $1.55. The firm had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.22 billion. Vistra had a net margin of 11.52% and a return on equity of 105.64%. Sell-side analysts expect that Vistra Corp. will post 9.3 earnings per share for the current year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 22nd will be given a dividend of $0.229 per share. This is a boost from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. Vistra’s dividend payout ratio is currently 15.24%.

Insider Transactions at Vistra

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the completion of the sale, the executive vice president owned 114,409 shares of the company’s stock, valued at approximately $18,340,906.79. This represents a 8.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.92% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on VST shares. Wells Fargo & Company dropped their price objective on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. TD Cowen dropped their price objective on shares of Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, May 4th. Weiss Ratings raised shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. dropped their price objective 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. Finally, The Goldman Sachs Group raised shares of Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective for the company in a research note on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $233.33.

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.