2,810 Shares in Vistra Corp. (NYSE:VST) Purchased by Wealth Advisory Solutions LLC

Wealth Advisory Solutions LLC acquired a new position in Vistra Corp. (NYSE:VST - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,810 shares of the company's stock, valued at approximately $330,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Geode Capital Management LLC grew its holdings in Vistra by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 8,539,243 shares of the company's stock worth $1,174,326,000 after purchasing an additional 219,055 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in Vistra by 63.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 6,260,363 shares of the company's stock worth $863,116,000 after purchasing an additional 2,433,732 shares during the period. Northern Trust Corp grew its holdings in Vistra by 10.9% in the fourth quarter. Northern Trust Corp now owns 3,026,484 shares of the company's stock worth $417,261,000 after purchasing an additional 296,714 shares during the period. Norges Bank purchased a new stake in Vistra in the fourth quarter worth about $409,087,000. Finally, Castle Hook Partners LP grew its holdings in Vistra by 13.6% in the fourth quarter. Castle Hook Partners LP now owns 2,964,222 shares of the company's stock worth $408,677,000 after purchasing an additional 353,949 shares during the period. Hedge funds and other institutional investors own 90.88% of the company's stock.

Insider Transactions at Vistra

In other news, EVP Scott A. Hudson sold 56,000 shares of the firm's stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of $157.00, for a total value of $8,792,000.00. Following the transaction, the executive vice president directly owned 306,600 shares of the company's stock, valued at approximately $48,136,200. This trade represents a 15.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Scott B. Helm sold 50,000 shares of the firm's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $172.75, for a total transaction of $8,637,500.00. Following the completion of the transaction, the director directly owned 255,192 shares in the company, valued at approximately $44,084,418. This represents a 16.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 294,000 shares of company stock valued at $47,461,490. Company insiders own 1.42% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on VST shares. JPMorgan Chase & Co. dropped their target price on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. Morgan Stanley raised their price objective on shares of Vistra from $178.00 to $186.00 and gave the company an "overweight" rating in a research report on Wednesday, June 18th. UBS Group raised their price objective on shares of Vistra from $160.00 to $207.00 and gave the company a "buy" rating in a research report on Tuesday, June 17th. Raymond James Financial started coverage on shares of Vistra in a research report on Friday, June 13th. They set a "strong-buy" rating and a $216.00 price objective on the stock. Finally, Evercore ISI set a $192.00 price objective on shares of Vistra and gave the company an "outperform" rating in a research report on Thursday, May 15th. Three equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Vistra currently has a consensus rating of "Moderate Buy" and an average target price of $176.92.

Vistra Stock Up 3.5%

Shares of NYSE VST traded up $6.66 during trading hours on Wednesday, hitting $196.84. 6,926,915 shares of the stock were exchanged, compared to its average volume of 7,173,362. The company has a quick ratio of 0.77, a current ratio of 0.86 and a debt-to-equity ratio of 6.53. The company has a market cap of $66.79 billion, a PE ratio of 30.95, a PEG ratio of 2.28 and a beta of 1.26. The firm has a fifty day moving average price of $166.92 and a 200-day moving average price of $149.86. Vistra Corp. has a 12 month low of $66.50 and a 12 month high of $200.10.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th were paid a $0.225 dividend. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a dividend yield of 0.46%. The ex-dividend date was Wednesday, June 18th. Vistra's dividend payout ratio (DPR) is currently 14.15%.

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.