Gulf International Bank UK Ltd Sells 1,124 Shares of Vistra Corp. (NYSE:VST)

Gulf International Bank UK Ltd reduced its position in Vistra Corp. (NYSE:VST) by 4.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,915 shares of the company’s stock after selling 1,124 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Vistra were worth $3,190,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Lone Pine Capital LLC grew its holdings in shares of Vistra by 6.6% during the second quarter. Lone Pine Capital LLC now owns 6,838,007 shares of the company’s stock valued at $587,932,000 after buying an additional 425,126 shares during the last quarter. Castle Hook Partners LP grew its holdings in shares of Vistra by 470.0% during the first quarter. Castle Hook Partners LP now owns 3,769,842 shares of the company’s stock valued at $262,569,000 after buying an additional 3,108,511 shares during the last quarter. TD Asset Management Inc grew its holdings in shares of Vistra by 9,668.5% during the first quarter. TD Asset Management Inc now owns 2,940,113 shares of the company’s stock valued at $204,779,000 after buying an additional 2,910,015 shares during the last quarter. GQG Partners LLC grew its holdings in shares of Vistra by 25.1% during the first quarter. GQG Partners LLC now owns 2,564,705 shares of the company’s stock valued at $178,632,000 after buying an additional 514,722 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in shares of Vistra by 115.3% during the second quarter. Massachusetts Financial Services Co. MA now owns 2,532,657 shares of the company’s stock valued at $217,758,000 after buying an additional 1,356,488 shares during the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Trading Up 3.6 %

Shares of Vistra stock opened at $126.26 on Thursday. The firm has a 50-day simple moving average of $110.89 and a two-hundred day simple moving average of $93.99. The company has a market cap of $43.38 billion, a P/E ratio of 92.84 and a beta of 1.09. Vistra Corp. has a fifty-two week low of $33.84 and a fifty-two week high of $143.87. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.88 and a current ratio of 0.98.

Vistra (NYSE:VST) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.69). Vistra had a return on equity of 21.05% and a net margin of 4.61%. The firm had revenue of $3.85 billion during the quarter, compared to analyst estimates of $4.04 billion. During the same quarter last year, the company posted $1.03 EPS. As a group, equities analysts predict that Vistra Corp. will post 4.02 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 20th will be given a dividend of $0.221 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.70%. The ex-dividend date is Friday, December 20th. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio is 64.71%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on VST. JPMorgan Chase & Co. assumed coverage on shares of Vistra in a report on Thursday, October 17th. They set an “overweight” rating and a $178.00 price objective on the stock. Morgan Stanley boosted their target price on shares of Vistra from $110.00 to $132.00 and gave the company an “overweight” rating in a research report on Monday, September 23rd. BMO Capital Markets boosted their target price on shares of Vistra from $146.00 to $147.00 and gave the company an “outperform” rating in a research report on Tuesday, October 29th. UBS Group decreased their target price on shares of Vistra from $157.00 to $150.00 and set a “buy” rating for the company in a research report on Tuesday, October 22nd. Finally, Jefferies Financial Group boosted their target price on shares of Vistra from $99.00 to $137.00 and gave the company a “buy” rating in a research report on Tuesday, September 24th. Ten equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $145.40.

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.