Brown Advisory Inc. Buys 88,038 Shares of Vistra Corp. (NYSE:VST)

Brown Advisory Inc. lifted its stake in Vistra Corp. (NYSE:VST - Free Report) by 2,582.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 91,447 shares of the company's stock after acquiring an additional 88,038 shares during the quarter. Brown Advisory Inc.'s holdings in Vistra were worth $12,608,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Avior Wealth Management LLC grew its position in Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after purchasing an additional 65 shares during the period. Pathway Financial Advisers LLC grew its holdings in shares of 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 during the period. Founders Capital Management purchased a new stake in Vistra during the fourth quarter valued at $28,000. West Branch Capital LLC bought a new position in Vistra in the fourth quarter valued at about $28,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in Vistra in the fourth quarter worth about $28,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Vistra

In other news, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the completion of the transaction, the director now directly owns 51,063 shares in the company, valued at approximately $6,341,513.97. This represents a 32.10 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John William Pitesa purchased 1,500 shares of Vistra 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. The trade was a 76.26 % increase in their position. The disclosure for this purchase can be found here. 1.42% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

VST has been the topic of several recent research reports. Daiwa America upgraded shares of Vistra to a "hold" rating in a research note on Wednesday, March 5th. The Goldman Sachs Group assumed coverage on shares of Vistra in a research report on Friday, April 4th. They issued a "neutral" rating and a $134.00 price target on the stock. UBS Group cut their price objective on shares of Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Daiwa Capital Markets assumed coverage on Vistra in a report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 target price on the stock. Finally, Bank of America raised Vistra from a "neutral" rating to a "buy" rating and cut their price target for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. 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, Vistra has an average rating of "Moderate Buy" and an average target price of $166.17.

Vistra Stock Up 3.6 %

NYSE VST opened at $145.02 on Wednesday. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. Vistra Corp. has a 12 month low of $66.50 and a 12 month high of $199.84. The stock's 50 day moving average is $121.05 and its 200 day moving average is $141.06. The stock has a market cap of $49.33 billion, a PE ratio of 27.06, a P/E/G ratio of 1.12 and a beta of 1.16.

Vistra Increases Dividend

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

Vistra 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.

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