Retireful LLC Trims Holdings in Vistra Corp. (NYSE:VST)

Retireful LLC decreased its stake in shares of Vistra Corp. (NYSE:VST) by 38.1% during the first quarter, HoldingsChannel.com reports. The firm owned 9,928 shares of the company’s stock after selling 6,115 shares during the period. Vistra accounts for 1.2% of Retireful LLC’s portfolio, making the stock its 28th largest position. Retireful LLC’s holdings in Vistra were worth $1,182,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Peregrine Asset Advisers Inc. boosted its position in shares of Vistra by 3.2% in the fourth quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company’s stock valued at $285,000 after acquiring an additional 64 shares during the period. Paloma Partners Management Co boosted its holdings in Vistra by 1.0% in the 4th quarter. Paloma Partners Management Co now owns 8,000 shares of the company’s stock valued at $1,103,000 after purchasing an additional 81 shares during the period. Csenge Advisory Group grew its position in shares of Vistra by 1.7% during the 4th quarter. Csenge Advisory Group now owns 5,096 shares of the company’s stock valued at $703,000 after purchasing an additional 83 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in shares of Vistra by 1.6% in the fourth quarter. Sunbelt Securities Inc. now owns 6,409 shares of the company’s stock worth $898,000 after purchasing an additional 98 shares during the period. Finally, IHT Wealth Management LLC raised its position in shares of Vistra by 1.1% in the fourth quarter. IHT Wealth Management LLC now owns 9,579 shares of the company’s stock worth $1,321,000 after buying an additional 106 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

NYSE VST opened at $172.88 on Thursday. The company has a 50-day simple moving average of $134.69 and a two-hundred day simple moving average of $144.74. Vistra Corp. has a 12-month low of $66.50 and a 12-month high of $199.84. The firm has a market cap of $58.66 billion, a price-to-earnings ratio of 32.25, a PEG ratio of 1.12 and a beta of 1.16. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be paid a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date is Wednesday, June 18th. This is a positive change from Vistra’s previous quarterly dividend of $0.22. Vistra’s payout ratio is 14.15%.

Analyst Ratings Changes

VST has been the subject of several research analyst reports. JPMorgan Chase & Co. dropped their target price on shares of Vistra from $203.00 to $186.00 and set an “overweight” rating for the company in a research report on Friday, March 28th. UBS Group raised their price objective on shares of Vistra from $154.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, May 8th. The Goldman Sachs Group upped their target price on shares of Vistra from $134.00 to $164.00 and gave the stock a “neutral” rating in a research report on Friday, May 23rd. Daiwa America upgraded Vistra to a “hold” rating in a research report on Wednesday, March 5th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $178.00 price target (up previously from $172.00) on shares of Vistra in a research note on Thursday, May 22nd. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $169.08.

Insider Activity at Vistra

In other news, Director Scott B. Helm sold 20,000 shares of the stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $156.80, for a total transaction of $3,136,000.00. Following the completion of the sale, the director now directly owns 325,192 shares in the company, valued at approximately $50,990,105.60. This represents a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John William Pitesa purchased 1,500 shares of Vistra stock in a transaction that occurred on Wednesday, March 12th. The shares were acquired at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the acquisition, the director now owns 3,467 shares in the company, valued at $439,442.25. This trade represents a 76.26% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 219,000 shares of company stock worth $34,532,240 in the last ninety days. 1.42% of the stock is owned by company insiders.

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.