John William Pitesa Buys 1,500 Shares of Vistra Corp. (NYSE:VST) Stock

Vistra Corp. (NYSE:VST) Director John William Pitesa acquired 1,500 shares of the company’s stock in a transaction 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 completion of the acquisition, the director now directly owns 3,467 shares in the company, valued at $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Vistra Trading Up 5.4 %

NYSE:VST opened at $124.42 on Monday. The business has a 50 day simple moving average of $155.20 and a 200 day simple moving average of $137.42. 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 has a market capitalization of $42.32 billion, a P/E ratio of 23.21, a P/E/G ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 12-month low of $60.86 and a 12-month high of $199.84.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be paid a dividend of $0.2235 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.89 annualized dividend and a yield of 0.72%. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s payout ratio is presently 12.62%.

Analyst Ratings Changes

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

Institutional Trading of Vistra

Hedge funds have recently added to or reduced their stakes in the business. Avior Wealth Management LLC raised its stake 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 acquiring an additional 65 shares in the last quarter. Pathway Financial Advisers LLC raised its stake in Vistra by 616.0% during 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 in the last quarter. Founders Capital Management bought a new stake in Vistra during the 4th quarter valued at $28,000. West Branch Capital LLC bought a new stake in Vistra during the 4th quarter valued at $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in Vistra during the 4th quarter valued at $28,000. Institutional investors own 90.88% of the company’s stock.

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.