Vistra Corp.

New York Stock Exchange
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Bullish +75

Assetmark Inc. Sells 858,940 Shares of Vistra Corp. $VST

AI-generated analysis

📉 Assetmark Inc. sold 858,940 shares of Vistra Corp., reducing its position by 89.9% to hold only 96,958 shares valued at $14.576 million.

📈 Several institutional investors including Fideuram Intesa Sanpaolo and McGuire Capital Advisors acquired new stakes in Vistra during the fourth quarter.

💰 Vistra reported quarterly earnings of $2.87 per share, beating analyst estimates of $1.32 by a wide margin of $1.55.

📊 The company generated revenue of $5.64 billion for the quarter, exceeding expectations of $5.22 billion with an 11.52% net margin.

💵 Vistra paid a quarterly dividend of $0.229 per share on June 30th to shareholders of record as of June 22nd.

🎯 Analysts maintain a consensus 'Buy' rating with an average price target of $230.62, significantly above the current trading price.

🏢 Vistra operates as an integrated power company with wholesale production and retail electricity supply across the United States.

📉 The stock trades at a PE ratio of 25.98 with a market capitalization of $52.30 billion.

📈 Scotiabank issued a price target of $298.00 while Sanford C. Bernstein set a target of $187.00 on the stock.

Bullish Signals
  • Vistra Corp. reported quarterly earnings of $2.87 per share, which significantly exceeded analyst consensus estimates of $1.32.
  • The company achieved a net margin of 11.52% and a return on equity of 105.64% during the quarter.
  • Revenue reached $5.64 billion, surpassing analyst expectations of $5.22 billion.
  • Major analysts including Sanford C. Bernstein and Scotiabank maintain 'outperform' ratings with price targets above current levels.
  • The stock has a consensus rating of 'Buy' with an average target price of $230.62 according to MarketBeat data.
  • Vistra recently paid a quarterly dividend of $0.229 per share, providing income to shareholders.
Risk Factors
  • Assetmark Inc. drastically reduced its position in Vistra Corp. by selling 858,940 shares, trimming holdings by 89.9%.
  • The stock is currently trading below its 52-week high of $219.82 and above its 52-week low of $132.66.
Full Analysis
Assetmark Inc. significantly reduced its stake in Vistra Corp. (NYSE:VST) by 89.9% in the first quarter, selling 858,940 shares and retaining only 96,958 shares valued at $14.576 million. While Assetmark trimmed its position, several other institutional investors including Fideuram Intesa Sanpaolo Private Banking S.P.A., McGuire Capital Advisors Inc., and Kemnay Advisory Services Inc. acquired new stakes in the fourth quarter, with holdings ranging from approximately $25,000 to $38,000 each. Vistra Corp. reported strong quarterly earnings on May 7th, posting $2.87 per share which significantly topped analyst consensus estimates of $1.32. The company generated revenue of $5.64 billion against expectations of $5.22 billion, achieving a net margin of 11.52% and a return on equity of 105.64%. Analysts forecast full-year earnings of $9.53 per share, indicating continued growth expectations for the integrated power company. The stock recently paid a quarterly dividend of $0.229 per share to shareholders of record as of June 22nd, representing an annualized yield of 0.6%. Analyst sentiment remains largely positive with major firms like Sanford C. Bernstein and Scotiabank maintaining 'outperform' ratings and price targets ranging from $187 to $298. The consensus rating is currently a 'Buy' with an average target price of $230.62, though the stock trades below its 52-week high of $219.82.