Vistra Corp. (NYSE:VST) Shares Sold by Toronto Dominion Bank

Toronto Dominion Bank trimmed its holdings in shares of Vistra Corp. (NYSE:VST) by 22.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,483 shares of the company’s stock after selling 9,364 shares during the period. Toronto Dominion Bank’s holdings in Vistra were worth $2,193,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Lindbrook Capital LLC lifted its holdings in Vistra by 16.8% in the first quarter. Lindbrook Capital LLC now owns 981 shares of the company’s stock valued at $68,000 after acquiring an additional 141 shares during the period. State of Alaska Department of Revenue lifted its stake in shares of Vistra by 0.5% in the first quarter. State of Alaska Department of Revenue now owns 36,465 shares of the company’s stock valued at $2,539,000 after purchasing an additional 170 shares during the period. Venturi Wealth Management LLC boosted its holdings in Vistra by 1.1% during the first quarter. Venturi Wealth Management LLC now owns 23,720 shares of the company’s stock worth $1,652,000 after buying an additional 261 shares in the last quarter. GAMMA Investing LLC grew its position in Vistra by 17.4% during the first quarter. GAMMA Investing LLC now owns 2,108 shares of the company’s stock worth $147,000 after buying an additional 312 shares during the period. Finally, Mather Group LLC. purchased a new position in Vistra in the first quarter valued at about $26,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VST has been the topic of a number of research analyst reports. UBS Group boosted their target price on Vistra from $85.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, May 9th. Evercore ISI increased their price objective on shares of Vistra from $72.00 to $79.00 and gave the company an “outperform” rating in a research note on Thursday, April 4th. Morgan Stanley lifted their target price on shares of Vistra from $86.00 to $110.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 28th. BMO Capital Markets increased their price target on shares of Vistra from $79.00 to $109.00 and gave the company an “outperform” rating in a research report on Friday, May 10th. Finally, Guggenheim upgraded Vistra to a “strong-buy” rating in a research report on Tuesday, May 7th. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $87.83.

Vistra Stock Up 1.1 %

Shares of NYSE VST opened at $71.12 on Friday. The firm has a market cap of $24.71 billion, a P/E ratio of 43.63 and a beta of 1.05. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.96 and a current ratio of 1.08. Vistra Corp. has a 1 year low of $27.54 and a 1 year high of $107.24. The firm’s 50 day moving average price is $88.80 and its 200 day moving average price is $70.52.

Vistra (NYSE:VST) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.39). Vistra had a return on equity of 24.72% and a net margin of 5.66%. The business had revenue of $3.05 billion for the quarter, compared to analyst estimates of $3.81 billion. As a group, sell-side analysts anticipate that Vistra Corp. will post 4.99 earnings per share for the current year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Wednesday, June 19th were issued a dividend of $0.218 per share. This is a positive change from Vistra’s previous quarterly dividend of $0.22. This represents a $0.87 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend was Tuesday, June 18th. Vistra’s dividend payout ratio is presently 53.37%.

Insider Buying and Selling

In related news, Director Lisa Crutchfield purchased 335 shares of the business’s stock in a transaction on Monday, June 10th. The shares were bought at an average price of $89.46 per share, with a total value of $29,969.10. Following the completion of the purchase, the director now directly owns 32,186 shares in the company, valued at approximately $2,879,359.56. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.42% of the company’s stock.

Vistra Company 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.