Asset Management One Co. Ltd. Buys 3,412 Shares of Vistra Corp. (NYSE:VST)

Asset Management One Co. Ltd. increased its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 2.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 135,559 shares of the company's stock after buying an additional 3,412 shares during the quarter. Asset Management One Co. Ltd.'s holdings in Vistra were worth $15,920,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Paloma Partners Management Co lifted its holdings in shares of Vistra by 1.0% in the fourth quarter. Paloma Partners Management Co now owns 8,000 shares of the company's stock valued at $1,103,000 after buying an additional 81 shares during the period. Sunbelt Securities Inc. lifted its holdings in shares of Vistra by 1.6% in the fourth quarter. Sunbelt Securities Inc. now owns 6,409 shares of the company's stock valued at $898,000 after buying an additional 98 shares during the period. IHT Wealth Management LLC lifted its holdings in shares of Vistra by 1.1% in the fourth quarter. IHT Wealth Management LLC now owns 9,579 shares of the company's stock valued at $1,321,000 after buying an additional 106 shares during the period. Rothschild Investment LLC lifted its holdings in shares of Vistra by 34.2% in the fourth quarter. Rothschild Investment LLC now owns 463 shares of the company's stock valued at $64,000 after buying an additional 118 shares during the period. Finally, EP Wealth Advisors LLC lifted its holdings in shares of Vistra by 1.6% in the fourth quarter. EP Wealth Advisors LLC now owns 7,980 shares of the company's stock valued at $1,100,000 after buying an additional 125 shares during the period. 90.88% of the stock is currently owned by institutional investors.

Vistra Stock Up 2.6%

VST stock traded up $4.98 during midday trading on Friday, reaching $195.38. The company had a trading volume of 8,887,881 shares, compared to its average volume of 7,228,571. The company has a 50 day moving average of $155.64 and a two-hundred day moving average of $147.07. The company has a market capitalization of $66.30 billion, a P/E ratio of 30.72, a PEG ratio of 2.19 and a beta of 1.22. Vistra Corp. has a 1 year low of $66.50 and a 1 year high of $199.84. The company has a current ratio of 0.86, a quick ratio of 0.77 and a debt-to-equity ratio of 6.53.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be issued a dividend of $0.225 per share. This is a boost 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 is Wednesday, June 18th. Vistra's payout ratio is currently 14.15%.

Insider Activity

In other Vistra news, Director John R. Sult sold 25,000 shares of the company's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $171.67, for a total value of $4,291,750.00. Following the transaction, the director now directly owns 75,946 shares of the company's stock, valued at $13,037,649.82. This represents a 24.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Scott B. Helm sold 20,000 shares of the company's stock in a transaction dated 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 completion of the transaction, the director now directly owns 325,192 shares in the company, valued at approximately $50,990,105.60. The trade was a 5.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 294,000 shares of company stock worth $47,461,490 in the last ninety days. Corporate insiders own 1.42% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. The Goldman Sachs Group increased their price target on Vistra from $134.00 to $164.00 and gave the company a "neutral" rating in a research report on Friday, May 23rd. JPMorgan Chase & Co. decreased their target price on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Daiwa Capital Markets initiated coverage on shares of Vistra in a report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 target price for the company. 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. Finally, Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and decreased their price objective for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $176.92.

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.