Vistra Corp. (NYSE:VST) CFO Acquires $300,032.22 in Stock

Vistra Corp. (NYSE:VSTGet Rating) CFO James A. Burke bought 12,938 shares of the firm’s stock in a transaction dated Thursday, May 12th. The shares were bought at an average price of $23.19 per share, with a total value of $300,032.22. Following the completion of the transaction, the chief financial officer now directly owns 369,260 shares in the company, valued at approximately $8,563,139.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of VST traded down $0.88 during mid-day trading on Thursday, reaching $23.41. 9,472,697 shares of the company’s stock traded hands, compared to its average volume of 4,934,975. Vistra Corp. has a 12 month low of $15.76 and a 12 month high of $27.10. The stock has a market cap of $10.32 billion, a P/E ratio of 28.63, a P/E/G ratio of 0.20 and a beta of 0.82. The stock’s 50-day moving average is $23.78 and its two-hundred day moving average is $22.14. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.35 and a quick ratio of 1.24.

Vistra (NYSE:VSTGet Rating) last issued its quarterly earnings results on Friday, February 25th. The company reported $1.45 earnings per share for the quarter, missing analysts’ consensus estimates of $3.14 by ($1.69). The company had revenue of $3.31 billion during the quarter, compared to analysts’ expectations of $4.66 billion. Vistra had a negative net margin of 10.55% and a negative return on equity of 20.42%. Research analysts predict that Vistra Corp. will post 2.12 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 30th. Investors of record on Wednesday, June 22nd will be given a $0.177 dividend. The ex-dividend date is Tuesday, June 21st. This is a boost from Vistra’s previous quarterly dividend of $0.17. This represents a $0.71 dividend on an annualized basis and a yield of 3.02%. Vistra’s payout ratio is 83.95%.

Several large investors have recently made changes to their positions in the company. Trustcore Financial Services LLC acquired a new position in Vistra during the first quarter worth about $27,000. Counterpoint Mutual Funds LLC acquired a new stake in Vistra during the 4th quarter valued at $28,000. Rational Advisors LLC lifted its position in shares of Vistra by 128.0% in the 4th quarter. Rational Advisors LLC now owns 1,245 shares of the company’s stock worth $28,000 after buying an additional 699 shares during the last quarter. National Bank of Canada FI bought a new stake in Vistra in the 4th quarter valued at about $35,000. Finally, CWM LLC grew its stake in shares of Vistra by 256.6% in the 1st quarter. CWM LLC now owns 1,537 shares of the company’s stock worth $36,000 after purchasing an additional 1,106 shares during the last quarter.

Separately, Zacks Investment Research raised Vistra from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a report on Thursday, May 5th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $24.71.

About Vistra (Get Rating)

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 20 states in the United States and the District of Columbia.

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