Latest news with #VistraCorp
Yahoo
26-05-2025
- Business
- Yahoo
Vistra Corp. (VST) is Continuing its Upward Trajectory
Sound Shore Management, an investment management firm, has released its investor letter for the first quarter of 2025. A copy of the letter can be downloaded here. The fund's Investor Class (SSHFX) and Institutional Class (SSHVX) declined 1.93% and 1.89% respectively, in the first quarter of 2025 compared to a 2.14% return for the Russell 1000 Value Index (Russell Value) and -4.27% return for the Standard & Poor 500 Index (S&P 500). Sound Shore's 35-year annualized returns were 10.13% and 10.41% for SSHFX and SSHVX, respectively, as of March 31, 2025, and were ahead of the Russell Value at 9.81% and trailed the S&P 500 at 10.56%. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Sound Shore Management highlighted stocks such as Vistra Corp. (NYSE:VST). Vistra Corp. (NYSE:VST) is an integrated retail electricity and power generation company. The one-month return of Vistra Corp. (NYSE:VST) was 24.89%, and its shares gained 54.91% of their value over the last 52 weeks. On May 23, 2025, Vistra Corp. (NYSE:VST) stock closed at $158.16 per share with a market capitalization of $53.669 billion. Sound Shore Management stated the following regarding Vistra Corp. (NYSE:VST) in its Q1 2025 investor letter: "Finally, a strong contributor that we have discussed in past letters, power producer Vistra Corp. (NYSE:VST) continued its upward trajectory from last year into the first quarter. A long-term holding, Vistra is a low-cost provider with increasingly important carbon-free nuclear facilities to power data centers. We had been trimming our position as the stock approached our price target and sold the last of our holding early in the quarter." Solar panel workers installing a new farm for clean energy generation. Vistra Corp. (NYSE:VST) is in 28th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 102 hedge fund portfolios held Vistra Corp. (NYSE:VST) at the end of the first quarter which was 120 in the previous quarter. While we acknowledge the potential of Vistra Corp. (NYSE:VST) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Vistra Corp. (NYSE:VST) and shared the list of best unstoppable stocks that pay dividends. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
26-05-2025
- Business
- Yahoo
Vistra Corp. (VST) is Continuing its Upward Trajectory
Sound Shore Management, an investment management firm, has released its investor letter for the first quarter of 2025. A copy of the letter can be downloaded here. The fund's Investor Class (SSHFX) and Institutional Class (SSHVX) declined 1.93% and 1.89% respectively, in the first quarter of 2025 compared to a 2.14% return for the Russell 1000 Value Index (Russell Value) and -4.27% return for the Standard & Poor 500 Index (S&P 500). Sound Shore's 35-year annualized returns were 10.13% and 10.41% for SSHFX and SSHVX, respectively, as of March 31, 2025, and were ahead of the Russell Value at 9.81% and trailed the S&P 500 at 10.56%. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Sound Shore Management highlighted stocks such as Vistra Corp. (NYSE:VST). Vistra Corp. (NYSE:VST) is an integrated retail electricity and power generation company. The one-month return of Vistra Corp. (NYSE:VST) was 24.89%, and its shares gained 54.91% of their value over the last 52 weeks. On May 23, 2025, Vistra Corp. (NYSE:VST) stock closed at $158.16 per share with a market capitalization of $53.669 billion. Sound Shore Management stated the following regarding Vistra Corp. (NYSE:VST) in its Q1 2025 investor letter: "Finally, a strong contributor that we have discussed in past letters, power producer Vistra Corp. (NYSE:VST) continued its upward trajectory from last year into the first quarter. A long-term holding, Vistra is a low-cost provider with increasingly important carbon-free nuclear facilities to power data centers. We had been trimming our position as the stock approached our price target and sold the last of our holding early in the quarter." Solar panel workers installing a new farm for clean energy generation. Vistra Corp. (NYSE:VST) is in 28th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 102 hedge fund portfolios held Vistra Corp. (NYSE:VST) at the end of the first quarter which was 120 in the previous quarter. While we acknowledge the potential of Vistra Corp. (NYSE:VST) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Vistra Corp. (NYSE:VST) and shared the list of best unstoppable stocks that pay dividends. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-05-2025
- Business
- Yahoo
Vistra Corp. (VST) Bets on AI Power Demand With $1.9 Billion Natural Gas Deal
Vistra Corp. (NYSE:VST) has recently agreed to acquire seven natural gas power plants for $1.9 billion from Lotus Infrastructure Partners, aiming to meet the growing energy needs driven by artificial intelligence. VST is a Texas-based electricity and power generation company that offers essential power resources to its customers. The deal will add 2,600 megawatts of capacity across five states—mainly in the Northeast—boosting Vistra's already extensive power generation portfolio from California to Maine. This capacity is roughly equal to 2.5 nuclear reactors. According to Glenrock Associates analyst Paul Patterson, the move reflects a broader trend among independent power producers capitalizing on the surge in data center demand. Investors have been responding positively to such acquisitions, marking a shift from years of industry struggles and bankruptcies. Patterson noted that while Vistra's move isn't surprising, more similar deals are likely on the horizon. In addition to Vistra Corp. (NYSE:VST)'s growth strategy, the company is also a strong dividend payer. On May 2, it announced a 1% hike in its quarterly dividend to $0.225 per share. Through this increase, the company stretched its dividend growth streak to 13 years. In the past 12 months, the stock has surged by over 71%, outperforming the broader market. While we acknowledge the potential of VST to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VST and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-05-2025
- Business
- Yahoo
Vistra Corp. (VST) Bets on AI Power Demand With $1.9 Billion Natural Gas Deal
Vistra Corp. (NYSE:VST) has recently agreed to acquire seven natural gas power plants for $1.9 billion from Lotus Infrastructure Partners, aiming to meet the growing energy needs driven by artificial intelligence. VST is a Texas-based electricity and power generation company that offers essential power resources to its customers. The deal will add 2,600 megawatts of capacity across five states—mainly in the Northeast—boosting Vistra's already extensive power generation portfolio from California to Maine. This capacity is roughly equal to 2.5 nuclear reactors. According to Glenrock Associates analyst Paul Patterson, the move reflects a broader trend among independent power producers capitalizing on the surge in data center demand. Investors have been responding positively to such acquisitions, marking a shift from years of industry struggles and bankruptcies. Patterson noted that while Vistra's move isn't surprising, more similar deals are likely on the horizon. In addition to Vistra Corp. (NYSE:VST)'s growth strategy, the company is also a strong dividend payer. On May 2, it announced a 1% hike in its quarterly dividend to $0.225 per share. Through this increase, the company stretched its dividend growth streak to 13 years. In the past 12 months, the stock has surged by over 71%, outperforming the broader market. While we acknowledge the potential of VST to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VST and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
16-05-2025
- Business
- Bloomberg
Vistra Makes AI Power Bet With $1.9 Billion Gas Deal
Vistra Corp. agreed to buy seven natural gas-fired power plants for $1.9 billion, the latest big US generator betting on the fossil fuel to feed the voracious appetite of artificial intelligence. The acquisition follows NRG Energy Inc. 's announcement Monday that it agreed to pay $12 billion, including debt, for a fleet of gas-fired plants from LS Power Equity Advisors LLC. In January, Constellation Energy Group Inc. said it would spend $16.4 billion for closely-held Calpine Corp., another large US operator of gas-fired plants.
