Cowa LLC Sells 375 Shares of Vistra Corp. (NYSE:VST)

Cowa LLC lowered its stake in shares of Vistra Corp. (NYSE:VST) by 8.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 4,138 shares of the company’s stock after selling 375 shares during the quarter. Cowa LLC’s holdings in Vistra were worth $571,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Avior Wealth Management LLC grew its position in Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after acquiring an additional 65 shares during the last quarter. Pathway Financial Advisers LLC grew its position in Vistra by 616.0% in the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock valued at $25,000 after acquiring an additional 154 shares during the last quarter. Founders Capital Management bought a new position in Vistra in the 4th quarter valued at $28,000. West Branch Capital LLC bought a new position in Vistra in the 4th quarter valued at $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in Vistra in the 4th quarter valued at $28,000. Institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling at Vistra

In other news, Director Scott B. Helm sold 20,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the director now directly owns 343,350 shares in the company, valued at $47,990,029.50. This trade represents a 5.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Scott A. Hudson sold 115,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the executive vice president now owns 254,932 shares of the company’s stock, valued at approximately $41,849,637.12. The trade was a 31.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.42% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on VST shares. BMO Capital Markets increased their price target on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 22nd. Morgan Stanley increased their price target on Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. UBS Group increased their price target on Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research report on Friday, January 3rd. Bank of America started coverage on Vistra in a research report on Monday, January 27th. They set a “neutral” rating and a $206.00 price target on the stock. Finally, Evercore ISI started coverage on Vistra in a research report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price target on the stock. One analyst has rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $171.64.

Vistra Trading Down 7.8 %

Shares of NYSE VST opened at $150.51 on Friday. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The stock has a market capitalization of $51.21 billion, a P/E ratio of 28.08, a price-to-earnings-growth ratio of 1.12 and a beta of 1.22. Vistra Corp. has a 1-year low of $46.18 and a 1-year high of $199.84. The business has a fifty day moving average price of $160.19 and a 200 day moving average price of $131.92.

Vistra declared that its Board of Directors has initiated a stock repurchase program on Thursday, November 7th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to repurchase up to 2.1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be paid a $0.2235 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a yield of 0.59%. Vistra’s dividend payout ratio (DPR) is 16.60%.

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.