Vistra Corp. (NYSE:VST) Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC increased its position in shares of Vistra Corp. (NYSE:VST) by 21.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 53,918 shares of the company’s stock after acquiring an additional 9,567 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Vistra were worth $7,434,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Avior Wealth Management LLC boosted its holdings in shares of 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 purchasing an additional 65 shares during the last quarter. Pathway Financial Advisers LLC boosted its holdings in shares of 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 purchasing an additional 154 shares during the last quarter. Founders Capital Management acquired a new position in shares of Vistra in the 4th quarter valued at $28,000. West Branch Capital LLC acquired a new position in shares of Vistra in the 4th quarter valued at $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in shares of Vistra in the 4th quarter valued at $28,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Wall Street Analyst Weigh In

VST has been the topic of a number of research analyst reports. Bank of America upgraded shares of Vistra from a “neutral” rating to a “buy” rating and decreased their price target for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. Morgan Stanley raised their target price on shares of Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. UBS Group raised their target price on shares of Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Evercore ISI started coverage on shares of Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price on the stock. Finally, Daiwa Capital Markets started coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 target price on the stock. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $162.83.

Insider Buying and Selling

In other news, Director Paul M. Barbas sold 24,136 shares of the business’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value of $2,997,449.84. Following the completion of the sale, the director now owns 51,063 shares of the company’s stock, valued at approximately $6,341,513.97. The trade was a 32.10 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John William Pitesa bought 1,500 shares of the company’s stock in a transaction dated Wednesday, March 12th. The stock was bought at an average cost of $126.75 per share, with a total value of $190,125.00. Following the transaction, the director now directly owns 3,467 shares in the company, valued at approximately $439,442.25. The trade was a 76.26 % increase in their position. The disclosure for this purchase can be found here. 1.42% of the stock is currently owned by insiders.

Vistra Stock Performance

Vistra stock opened at $132.26 on Friday. Vistra Corp. has a 12-month low of $64.26 and a 12-month high of $199.84. The company has a market capitalization of $44.99 billion, a price-to-earnings ratio of 24.68, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. 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 firm’s fifty day moving average price is $152.47 and its 200 day moving average price is $137.89.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be paid a dividend of $0.2235 per share. This is an increase from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.89 annualized dividend and a yield of 0.68%. Vistra’s payout ratio is 12.62%.

Vistra Company 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.