Vistra Corp. (NYSE:VST) Stock Position Boosted by Castleark Management LLC

Castleark Management LLC lifted its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 219.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,660 shares of the company's stock after acquiring an additional 41,670 shares during the quarter. Castleark Management LLC's holdings in Vistra were worth $8,363,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Pathway Financial Advisers LLC boosted its stake in shares of Vistra by 616.0% during the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock worth $25,000 after acquiring an additional 154 shares in the last quarter. Avior Wealth Management LLC boosted its stake in shares of Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after acquiring an additional 65 shares in the last quarter. West Branch Capital LLC purchased a new stake in shares of Vistra during the 4th quarter worth approximately $28,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vistra during the 4th quarter worth approximately $28,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of Vistra during the 4th quarter worth approximately $28,000. Hedge funds and other institutional investors own 90.88% of the company's stock.

Vistra Stock Up 2.7%

VST traded up $4.17 during trading hours on Friday, reaching $158.89. 7,249,228 shares of the stock traded hands, compared to its average volume of 7,531,621. The firm's fifty day simple moving average is $128.71 and its two-hundred day simple moving average is $143.32. The company has a market cap of $53.92 billion, a price-to-earnings ratio of 29.64, a PEG ratio of 1.12 and a beta of 1.16. Vistra Corp. has a fifty-two week low of $66.50 and a fifty-two week high of $199.84. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be issued a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 0.57%. This is a positive change from Vistra's previous quarterly dividend of $0.22. The ex-dividend date is Wednesday, June 18th. Vistra's dividend payout ratio (DPR) is presently 14.15%.

Insider Activity at Vistra

In other Vistra news, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction on Monday, May 19th. The shares were 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 owns 325,192 shares of the company's stock, valued at $50,990,105.60. The trade was a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Carrie Lee Kirby sold 108,000 shares of the business's stock in a transaction on Monday, May 19th. The shares were sold at an average price of $156.98, for a total transaction of $16,953,840.00. Following the sale, the executive vice president now owns 218,239 shares of the company's stock, valued at approximately $34,259,158.22. The trade was a 33.10% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 208,136 shares of company stock valued at $31,879,290. Corporate insiders own 1.42% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Evercore ISI set a $192.00 price objective on Vistra and gave the stock an "outperform" rating in a research report on Thursday, May 15th. Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and cut their price objective for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Daiwa Capital Markets assumed coverage on Vistra in a research report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price objective for the company. JPMorgan Chase & Co. cut their price objective on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research report on Friday, March 28th. Finally, Daiwa America upgraded Vistra to a "hold" rating in a research report on Wednesday, March 5th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $169.08.

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.