Hudson Capital Management LLC Lowers Holdings in Vistra Corp. (NYSE:VST)

Hudson Capital Management LLC lessened its stake in Vistra Corp. (NYSE:VST) by 28.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 39,751 shares of the company’s stock after selling 16,153 shares during the quarter. Vistra makes up 1.7% of Hudson Capital Management LLC’s holdings, making the stock its 19th largest holding. Hudson Capital Management LLC’s holdings in Vistra were worth $5,481,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of VST. State Street Corp increased its holdings in Vistra by 6.8% in the 3rd quarter. State Street Corp now owns 16,355,255 shares of the company’s stock worth $1,938,752,000 after buying an additional 1,037,402 shares in the last quarter. Lone Pine Capital LLC increased its holdings in Vistra by 6.6% in the 2nd quarter. Lone Pine Capital LLC now owns 6,838,007 shares of the company’s stock worth $587,932,000 after buying an additional 425,126 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in Vistra by 51.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,826,631 shares of the company’s stock worth $453,609,000 after buying an additional 1,293,974 shares in the last quarter. Janus Henderson Group PLC increased its holdings in Vistra by 36.0% in the 3rd quarter. Janus Henderson Group PLC now owns 3,781,908 shares of the company’s stock worth $448,320,000 after buying an additional 1,000,307 shares in the last quarter. Finally, Castle Hook Partners LP increased its holdings in Vistra by 33.5% in the 3rd quarter. Castle Hook Partners LP now owns 2,610,273 shares of the company’s stock worth $309,422,000 after buying an additional 654,568 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

NYSE VST opened at $186.79 on Thursday. The company has a market cap of $63.55 billion, a P/E ratio of 34.85, a P/E/G ratio of 1.76 and a beta of 1.21. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. The business’s 50 day moving average price is $154.15 and its 200-day moving average price is $118.89. Vistra Corp. has a fifty-two week low of $39.13 and a fifty-two week high of $194.67.

Vistra (NYSE:VST) last released its earnings results on Thursday, November 7th. The company reported $5.25 earnings per share for the quarter, beating the consensus estimate of $1.24 by $4.01. The firm had revenue of $6.29 billion for the quarter, compared to the consensus estimate of $4.96 billion. Vistra had a return on equity of 57.63% and a net margin of 12.51%. During the same quarter in the previous year, the company posted $1.25 EPS. Sell-side analysts predict that Vistra Corp. will post 4.48 earnings per share for the current year.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 20th were given a dividend of $0.221 per share. The ex-dividend date was Friday, December 20th. This represents a $0.88 annualized dividend and a dividend yield of 0.47%. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s payout ratio is currently 16.60%.

Vistra announced that its Board of Directors has authorized a share repurchase program on Thursday, November 7th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to repurchase up to 2.1% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

VST has been the subject of several research analyst reports. Evercore ISI began coverage on Vistra in a report on Tuesday. They issued an “outperform” rating and a $202.00 price objective for the company. UBS Group boosted their price target on Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. BNP Paribas initiated coverage on Vistra in a research note on Monday, October 14th. They set an “outperform” rating and a $231.00 price target for the company. Guggenheim lifted their price objective on Vistra from $133.00 to $177.00 and gave the company a “buy” rating in a research report on Tuesday, October 8th. Finally, Morgan Stanley lifted their price objective on Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a research report on Friday, November 22nd. Ten research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Vistra has a consensus rating of “Buy” and an average price target of $168.20.

Insider Activity

In other Vistra news, EVP Scott A. Hudson sold 115,000 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $164.16, for a total value of $18,878,400.00. Following the transaction, the executive vice president now owns 254,932 shares of the company’s stock, valued at $41,849,637.12. This represents a 31.09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Scott B. Helm sold 20,000 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total value of $2,795,400.00. Following the transaction, the director now directly owns 343,350 shares in the company, valued at $47,990,029.50. The trade was a 5.50 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 342,100 shares of company stock valued at $55,087,314. 1.42% of the stock is currently owned by 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.