Siemens Fonds Invest GmbH Cuts Position in Vistra Corp. (NYSE:VST)

Siemens Fonds Invest GmbH decreased its holdings in Vistra Corp. (NYSE:VST) by 19.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,369 shares of the company’s stock after selling 824 shares during the quarter. Siemens Fonds Invest GmbH’s holdings in Vistra were worth $464,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of VST. Avior Wealth Management LLC raised its position in Vistra by 56.5% in the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock worth $25,000 after acquiring an additional 65 shares in the last quarter. Pathway Financial Advisers LLC raised its position in Vistra by 616.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock worth $25,000 after acquiring an additional 154 shares in the last quarter. Comprehensive Financial Planning Inc. PA purchased a new position in Vistra in the fourth quarter worth $28,000. Tucker Asset Management LLC purchased a new position in Vistra in the fourth quarter worth $28,000. Finally, Cherry Tree Wealth Management LLC raised its position in Vistra by 2,030.0% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 213 shares of the company’s stock worth $29,000 after acquiring an additional 203 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Stock Down 1.6%

VST opened at $159.68 on Friday. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The firm has a market cap of $54.19 billion, a P/E ratio of 29.79, a PEG ratio of 1.12 and a beta of 1.16. Vistra Corp. has a 52 week low of $66.50 and a 52 week high of $199.84. The business’s fifty day simple moving average is $131.04 and its 200 day simple moving average is $143.97.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be paid a dividend of $0.225 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.56%. This is a positive change from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio (DPR) is presently 14.15%.

Insider Activity at Vistra

In other news, EVP Stephanie Zapata Moore sold 35,000 shares of the firm’s stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $161.44, for a total value of $5,650,400.00. Following the transaction, the executive vice president now directly owns 88,073 shares in the company, valued at $14,218,505.12. This trade represents a 28.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Carrie Lee Kirby sold 108,000 shares of Vistra stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $156.98, for a total value of $16,953,840.00. Following the sale, the executive vice president now owns 218,239 shares in the company, valued at $34,259,158.22. This represents a 33.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 243,136 shares of company stock valued at $37,529,690 over the last quarter. Insiders own 1.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Bank of America upgraded Vistra from a “neutral” rating to a “buy” rating and dropped their price target for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. UBS Group raised their price target on Vistra from $154.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, May 8th. Morgan Stanley restated an “overweight” rating and issued a $178.00 price target (up previously from $172.00) on shares of Vistra in a research report on Thursday, May 22nd. Evercore ISI set a $192.00 price target on Vistra and gave the company an “outperform” rating in a research report on Thursday, May 15th. Finally, JPMorgan Chase & Co. dropped their price target on Vistra from $203.00 to $186.00 and set an “overweight” rating for the company in a research report on Friday, March 28th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $169.08.

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.