2,883 Shares in Vistra Corp. (NYSE:VST) Bought by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC purchased a new stake in shares of Vistra Corp. (NYSE:VST - Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 2,883 shares of the company's stock, valued at approximately $341,000.

Other institutional investors have also recently made changes to their positions in the company. Truist Financial Corp boosted its holdings in shares of Vistra by 106.0% in the fourth quarter. Truist Financial Corp now owns 18,963 shares of the company's stock worth $2,614,000 after buying an additional 9,757 shares during the last quarter. D.A. Davidson & CO. raised its position in shares of Vistra by 39.8% during the fourth quarter. D.A. Davidson & CO. now owns 5,749 shares of the company's stock valued at $793,000 after buying an additional 1,638 shares during the last quarter. Atria Wealth Solutions Inc. bought a new stake in Vistra in the fourth quarter worth $1,806,000. Global Retirement Partners LLC increased its position in Vistra by 48.9% in the fourth quarter. Global Retirement Partners LLC now owns 1,568 shares of the company's stock worth $216,000 after purchasing an additional 515 shares during the last quarter. Finally, Private Advisor Group LLC increased its position in Vistra by 43.4% in the fourth quarter. Private Advisor Group LLC now owns 11,995 shares of the company's stock worth $1,654,000 after purchasing an additional 3,629 shares during the last quarter. Hedge funds and other institutional investors own 90.88% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on VST. Daiwa America raised shares of Vistra to a "hold" rating in a research note on Wednesday, March 5th. Evercore ISI set a $192.00 price target on shares of Vistra and gave the company an "outperform" rating in a research report on Thursday, May 15th. UBS Group upped their price objective on shares of Vistra from $160.00 to $207.00 and gave the company a "buy" rating in a report on Tuesday, June 17th. JPMorgan Chase & Co. cut their price objective on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a report on Friday, March 28th. Finally, Morgan Stanley increased their price target on shares of Vistra from $178.00 to $186.00 and gave the stock an "overweight" rating in a report on Wednesday. Three research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $176.92.

Insiders Place Their Bets

In other Vistra news, EVP Stephanie Zapata Moore sold 35,000 shares of Vistra stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $161.44, for a total value of $5,650,400.00. Following the completion of the transaction, the executive vice president now directly owns 88,073 shares of the company's stock, valued at $14,218,505.12. The trade was a 28.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Scott B. Helm sold 20,000 shares of the business's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $156.80, for a total value of $3,136,000.00. Following the sale, the director now owns 325,192 shares of the company's stock, valued at approximately $50,990,105.60. The trade was a 5.79% decrease in their position. The disclosure for this sale can be found here. Insiders sold 294,000 shares of company stock valued at $47,461,490 in the last three months. 1.42% of the stock is currently owned by insiders.

Vistra Price Performance

VST stock traded up $4.01 during midday trading on Friday, reaching $185.14. The stock had a trading volume of 6,584,340 shares, compared to its average volume of 7,255,992. The company's fifty day simple moving average is $149.84 and its 200 day simple moving average is $146.04. The company has a current ratio of 0.86, a quick ratio of 0.77 and a debt-to-equity ratio of 6.53. The company has a market cap of $62.82 billion, a price-to-earnings ratio of 29.11, a price-to-earnings-growth ratio of 2.25 and a beta of 1.22. Vistra Corp. has a 52-week low of $66.50 and a 52-week 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 $0.225 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.49%. Vistra's dividend payout ratio (DPR) is 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.