Bensler LLC Boosts Stock Position in Vistra Corp. (NYSE:VST)

Bensler LLC lifted its stake in Vistra Corp. (NYSE:VST - Free Report) by 8.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 75,587 shares of the company's stock after buying an additional 5,910 shares during the quarter. Bensler LLC's holdings in Vistra were worth $8,877,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Compagnie Lombard Odier SCmA raised its stake in shares of Vistra by 53.9% in the first quarter. Compagnie Lombard Odier SCmA now owns 431 shares of the company's stock worth $51,000 after buying an additional 151 shares during the period. GPS Wealth Strategies Group LLC raised its stake in shares of Vistra by 106.5% in the first quarter. GPS Wealth Strategies Group LLC now owns 61,916 shares of the company's stock worth $7,271,000 after buying an additional 31,931 shares during the period. Fifth Third Bancorp raised its stake in shares of Vistra by 519.6% in the first quarter. Fifth Third Bancorp now owns 40,267 shares of the company's stock worth $4,729,000 after buying an additional 33,768 shares during the period. Simon Quick Advisors LLC raised its stake in shares of Vistra by 26.6% in the first quarter. Simon Quick Advisors LLC now owns 3,765 shares of the company's stock worth $442,000 after buying an additional 791 shares during the period. Finally, CX Institutional raised its stake in shares of Vistra by 49.8% in the first quarter. CX Institutional now owns 1,881 shares of the company's stock worth $221,000 after buying an additional 625 shares during the period. Institutional investors own 90.88% of the company's stock.

Insider Transactions at Vistra

In related news, Director Scott B. Helm sold 20,000 shares of the business's stock in a transaction on Monday, May 19th. The stock was sold at an average price of $156.80, for a total transaction of $3,136,000.00. Following the completion of the transaction, the director now owns 325,192 shares in the company, valued at $50,990,105.60. The trade was a 5.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John R. Sult sold 25,000 shares of the business's stock in a transaction on Friday, June 6th. The shares were sold at an average price of $171.67, for a total value of $4,291,750.00. Following the transaction, the director now owns 75,946 shares of the company's stock, valued at approximately $13,037,649.82. The trade was a 24.77% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 294,000 shares of company stock worth $47,461,490. 1.42% of the stock is currently owned by company insiders.

Vistra Price Performance

NYSE:VST traded down $0.19 during trading hours on Friday, reaching $173.68. The stock had a trading volume of 3,956,609 shares, compared to its average volume of 7,324,950. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. Vistra Corp. has a 52 week low of $66.50 and a 52 week high of $199.84. The company has a 50 day moving average price of $141.58 and a two-hundred day moving average price of $145.30. The stock has a market capitalization of $58.94 billion, a PE ratio of 32.40, a PEG ratio of 1.12 and a beta of 1.22.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be issued a $0.225 dividend. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.52%. Vistra's payout ratio is 14.15%.

Analyst Ratings Changes

Several brokerages recently issued reports on VST. Raymond James began coverage on Vistra in a research note on Friday. They set a "strong-buy" rating and a $216.00 target price on the stock. Daiwa America raised Vistra to a "hold" rating in a research note on Wednesday, March 5th. UBS Group lifted their target price on Vistra from $154.00 to $160.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Bank of America raised Vistra from a "neutral" rating to a "buy" rating and decreased their target price for the company from $164.00 to $152.00 in a research note on Tuesday, March 4th. Finally, JPMorgan Chase & Co. decreased their target price on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. Three investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $172.69.

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.