Vistra Corp.

New York Stock Exchange
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Bullish +75

Vistra Corp. $VST Shares Sold by Bank of America Corp DE

AI-generated analysis

📉 Bank of America Corp DE sold 339,461 shares of VST in Q1, reducing its stake by 10.2% while retaining a position valued at $448.57 million.

📈 Vistra reported Q1 EPS of $2.87, significantly beating analyst estimates of $1.32 with revenue reaching $5.64 billion.

💰 The company achieved a return on equity of 105.64% and a net margin of 11.52% during the reported quarter.

📊 Analyst consensus price target stands at $229.88 following upgrades from Morgan Stanley, Zacks Research, and Scotiabank.

💵 Vistra declared a quarterly dividend of $0.23 with an annualized yield of 0.6% payable on September 30th.

👔 Insider sales totaled $6.74 million over the last 90 days as directors John R. Sult and Scott B. Helm reduced positions under Rule 10b5-1 plans.

🏢 Vistra operates an integrated power business with wholesale production and retail electricity supply across the US, notably in Texas.

📉 The stock trades at a P/E ratio of 24.87 with a market capitalization of $50.07 billion.

📈 Institutional ownership remains high at 90.88%, with several smaller firms like Kemnay Advisory Services initiating new positions.

Bullish Signals
  • Vistra significantly beat earnings expectations with EPS of $2.87 versus the consensus estimate of $1.32.
  • Revenue of $5.64 billion exceeded analyst estimates of $5.22 billion, demonstrating strong top-line growth.
  • The company posted a high return on equity of 105.64% and maintained a healthy net margin of 11.52%.
  • Multiple major analysts including Morgan Stanley, Zacks Research, and Scotiabank have upgraded ratings or raised price targets recently.
  • Vistra declared an increased quarterly dividend of $0.23, signaling confidence in cash flow generation.
Risk Factors
  • Insiders sold a total of 41,588 shares valued at $6.74 million over the last 90 days, indicating some profit-taking or portfolio rebalancing.
  • Bank of America Corp DE reduced its stake by 10.2% in Q1, selling 339,461 shares despite maintaining a large overall position.
Full Analysis
Bank of America Corp DE reduced its stake in Vistra Corp. (NYSE:VST) by 10.2% in the first quarter, selling 339,461 shares and retaining a position worth approximately $448.57 million. While several smaller institutional investors like Fideuram Intesa Sanpaolo and Salomon & Ludwin increased their holdings, Bank of America remains a significant holder with an 0.88% ownership stake as per recent SEC filings. Vistra reported strong quarterly earnings on May 7th, posting $2.87 EPS which significantly beat the consensus estimate of $1.32, alongside revenue of $5.64 billion versus estimates of $5.22 billion. The company demonstrated robust financial health with a return on equity of 105.64% and a net margin of 11.52%, while also declaring a quarterly dividend of $0.23 payable to shareholders of record on September 21st. Analyst sentiment remains largely positive, with recent upgrades from Morgan Stanley, Zacks Research, and Scotiabank driving the consensus price target to $229.88. Despite insider sales totaling over $6.7 million by directors John R. Sult and Scott B. Helm executed under pre-arranged plans, the stock maintains a 'Buy' rating with an average market cap of $50.07 billion.