Bokf Na Purchases 2,090 Shares of Vistra Corp. (NYSE:VST)

BOKF NA grew its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 10.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,908 shares of the company's stock after acquiring an additional 2,090 shares during the period. BOKF NA's holdings in Vistra were worth $3,158,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Lionsbridge Wealth Management LLC bought a new position in shares of Vistra during the fourth quarter valued at about $277,000. Dakota Wealth Management bought a new position in shares of Vistra during the fourth quarter valued at about $231,000. Legal Advantage Investments Inc. purchased a new stake in Vistra in the fourth quarter worth about $565,000. Viking Fund Management LLC boosted its position in Vistra by 90.0% during the 4th quarter. Viking Fund Management LLC now owns 19,000 shares of the company's stock valued at $2,620,000 after acquiring an additional 9,000 shares in the last quarter. Finally, Perigon Wealth Management LLC boosted its position in Vistra by 201.1% during the 4th quarter. Perigon Wealth Management LLC now owns 5,513 shares of the company's stock valued at $760,000 after acquiring an additional 3,682 shares in the last quarter. 90.88% of the stock is owned by institutional investors.

Insider Buying and Selling at Vistra

In other news, Director Paul M. Barbas sold 24,136 shares of the business's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total transaction 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 $6,341,513.97. The trade was a 32.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John William Pitesa bought 1,500 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The stock was purchased at an average cost of $126.75 per share, with a total value of $190,125.00. Following the acquisition, the director now directly owns 3,467 shares in the company, valued at $439,442.25. This trade represents a 76.26% increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.42% of the company's stock.

Vistra Stock Up 7.7%

NYSE VST traded up $10.49 during mid-day trading on Monday, reaching $146.24. The stock had a trading volume of 6,210,087 shares, compared to its average volume of 7,565,892. The stock has a market cap of $49.74 billion, a PE ratio of 27.29, a price-to-earnings-growth ratio of 1.12 and a beta of 1.16. 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 company has a fifty day moving average price of $121.68 and a 200 day moving average price of $141.41. Vistra Corp. has a 1 year low of $66.50 and a 1 year high of $199.84.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th will be paid a dividend of $0.225 per share. The ex-dividend date is Wednesday, June 18th. This is a positive change from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 dividend on an annualized basis and a yield of 0.62%. Vistra's payout ratio is currently 12.77%.

Analysts Set New Price Targets

Several analysts have weighed in on VST shares. Daiwa America raised Vistra to a "hold" rating in a research report on Wednesday, March 5th. UBS Group lifted their price objective on Vistra from $154.00 to $160.00 and gave the company a "buy" rating in a research report on Thursday. BMO Capital Markets lifted their target price on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a report on Wednesday, January 22nd. The Goldman Sachs Group assumed coverage on shares of Vistra in a report on Friday, April 4th. They set a "neutral" rating and a $134.00 target price for the company. Finally, Daiwa Capital Markets assumed coverage on shares of Vistra in a report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $166.67.

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.