Cavalier Investments LLC Buys Shares of 14,904 Vistra Corp. (NYSE:VST)

Cavalier Investments LLC acquired a new stake in Vistra Corp. (NYSE:VST - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 14,904 shares of the company's stock, valued at approximately $1,750,000.

A number of other institutional investors also recently modified their holdings of the stock. Private Advisor Group LLC boosted its position in shares of Vistra by 43.4% during the 4th 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 in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund acquired a new position in Vistra during the 4th quarter worth approximately $234,000. IFP Advisors Inc boosted its holdings in Vistra by 14.2% in the fourth quarter. IFP Advisors Inc now owns 4,525 shares of the company's stock worth $624,000 after acquiring an additional 564 shares in the last quarter. Crestwood Advisors Group LLC bought a new position in Vistra in the fourth quarter worth approximately $209,000. Finally, Rothschild Investment LLC grew its stake in 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 acquiring an additional 118 shares during the period. Institutional investors and hedge funds own 90.88% of the company's stock.

Vistra Stock Down 0.7%

Vistra stock traded down $1.30 during midday trading on Monday, hitting $193.74. 4,727,611 shares of the stock were exchanged, compared to its average volume of 7,801,442. Vistra Corp. has a 52-week low of $66.50 and a 52-week high of $199.84. 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 business's 50-day moving average price is $157.24 and its 200-day moving average price is $147.46. The stock has a market capitalization of $65.74 billion, a price-to-earnings ratio of 30.46, a price-to-earnings-growth ratio of 2.30 and a beta of 1.22.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.46%. This is an increase 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 Buying and Selling

In related news, Director Scott B. Helm sold 50,000 shares of the firm's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $172.75, for a total transaction of $8,637,500.00. Following the completion of the sale, the director now owns 255,192 shares in the company, valued at approximately $44,084,418. This trade represents a 16.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Carrie Lee Kirby sold 108,000 shares of Vistra stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $156.98, for a total transaction of $16,953,840.00. Following the completion of the sale, the executive vice president now directly owns 218,239 shares in the company, valued at approximately $34,259,158.22. This represents a 33.10% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 294,000 shares of company stock worth $47,461,490. 1.42% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

VST has been the topic of a number of research reports. Daiwa America raised Vistra to a "hold" rating in a research report on Wednesday, March 5th. The Goldman Sachs Group upped their price objective on shares of Vistra from $134.00 to $164.00 and gave the stock a "neutral" rating in a report on Friday, May 23rd. Daiwa Capital Markets initiated coverage on shares of Vistra in a report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price objective for the company. Raymond James Financial assumed coverage on shares of Vistra in a report on Friday, June 13th. They issued a "strong-buy" rating and a $216.00 target price on the stock. Finally, Morgan Stanley raised their price target 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. 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 MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $176.92.

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.