Vistra Corp. (NYSE:VST) Position Lowered by Level Four Advisory Services LLC

Level Four Advisory Services LLC lessened its holdings in Vistra Corp. (NYSE:VST) by 16.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,547 shares of the company’s stock after selling 1,281 shares during the quarter. Level Four Advisory Services LLC’s holdings in Vistra were worth $903,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Pathway Financial Advisers LLC grew its holdings in shares of Vistra by 616.0% during the fourth 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. Avior Wealth Management LLC boosted its position in Vistra by 56.5% during 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 period. Founders Capital Management bought a new position in Vistra during the 4th quarter worth $28,000. West Branch Capital LLC bought a new position in Vistra during the 4th quarter worth $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in Vistra in the fourth quarter worth $28,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Vistra Price Performance

Shares of NYSE VST opened at $119.05 on Monday. Vistra Corp. has a twelve month low of $64.26 and a twelve month high of $199.84. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. The firm has a 50-day moving average of $147.39 and a two-hundred day moving average of $140.83. The company has a market capitalization of $40.49 billion, a price-to-earnings ratio of 22.21, a PEG ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be issued a dividend of $0.2235 per share. This represents a $0.89 dividend on an annualized basis and a yield of 0.75%. This is a boost from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Thursday, March 20th. Vistra’s dividend payout ratio (DPR) is presently 12.62%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on VST shares. Bank of America upgraded shares of Vistra from a “neutral” rating to a “buy” rating and lowered their price target for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Daiwa America upgraded shares of Vistra to a “hold” rating in a research note on Wednesday, March 5th. Evercore ISI assumed coverage on Vistra in a research report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price objective for the company. JPMorgan Chase & Co. lowered their target price on Vistra from $203.00 to $186.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, UBS Group boosted 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. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $163.50.

About Vistra

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.